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The Ben Shapiro Show

Ep. 2172 - What The Hell Happened on LIBERATION DAY?!

03 Apr 2025

Description

President Trump announces major new tariffs on America’s trading partners across the board, markets tank and we break it all down.   Click here to join the member-exclusive portion of my show: https://bit.ly/3WDjgHE   Ep.2172   - - -   Facts Don’t Care About Your Feelings   - - -   DailyWire+:   We’re leading the charge again and launching a full-scale push for justice. Go to https://PardonDerek.com right now and sign the petition.   Now is the time to join the fight. Watch the hit movies, documentaries, and series reshaping our culture. Go to https://dailywire.com/subscribe today.   Get your Ben Shapiro merch here: https://bit.ly/3TAu2cw   - - -   Today's Sponsors:   Perplexity is an AI-powered answer engine that searches the internet to deliver fast, unbiased, high-quality answers, with sources and in-line citations. Ask Perplexity anything here: https://pplx.ai/benshapiro   PureTalk - Switch to PureTalk and start saving today! Visit https://PureTalk.com/SHAPIRO   Oracle - Oracle is offering to cut your current cloud bill in HALF if you move to OCI. See if your company qualifies for this special offer at https://Oracle.com/SHAPIRO   Grand Canyon University - Find your purpose at Grand Canyon University. Visit https://gcu.edu today.   Home Title Lock - Get a FREE Title History Report & access to a Personal Title Expert after signup – a $250 Value at https://hometitlelock.com with promo code SHAPIRO250   - - -   Socials:   Follow on Twitter: https://bit.ly/3cXUn53   Follow on Instagram: https://bit.ly/3QtuibJ   Follow on Facebook: https://bit.ly/3TTirqd   Subscribe on YouTube: https://bit.ly/3RPyBiB Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcription

Full Episode

0.309 - 18.376 Ben Shapiro

Well, folks, yesterday was Liberation Day, and we are going to go through everything tariff-related you could possibly imagine. First, your reminder, we exist to cut through the noise and bring you the unpleasant facts that others will not. Uncensored ad-free daily shows, investigative journalism, live chats with my producers. Breaking news first. No filter, no nonsense.

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18.396 - 32.596 Ben Shapiro

The Daily Wire is where the real story lives. Go to dailywire.com slash subscribe and join the fight today. Okay, so yesterday, President Trump declared that it was, in fact, Liberation Day. He said this is our economic declaration of independence. And I want to start with his announcement yesterday.

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33.297 - 48.174 Ben Shapiro

And then I want to talk about what it is that he actually announced, because the markets are getting rocked and there's a reason they are getting rocked. Here was President Trump yesterday in the Rose Garden celebrating Liberation Day. To be fair, he had warned everybody a month in advance that he was going to do this sort of thing. Here he was.

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49.435 - 84.287 Donald Trump

My fellow Americans, this is Liberation Day. Waiting for a long time. April 2nd, 2025 will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to make America wealthy again. This is one of the most important days, in my opinion, in American history. It's our declaration of economic independence. Sounds cool.

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84.927 - 103.446 Ben Shapiro

Sounds cool. So how are we going to actually do that? Well, here's the thing. The president's vision of international trade is, I am sorry to say, mistaken. The president seems to believe that international trade is a zero-sum game. Here is the president explaining that actually the United States is a victim of everyone else when it comes to international trade over the past several decades.

104.773 - 127.702 Donald Trump

Nearly a century later, in the face of unrelenting economic warfare, the United States can no longer continue with a policy of unilateral economic surrender. We cannot pay the deficits of Canada, Mexico, and so many other countries. We used to do it. We can't do it anymore. We take care of countries all over the world. We pay for their military. We pay for everything they have to pay.

127.762 - 136.673 Donald Trump

And then when you want to cut back a little bit, they get upset that you're not taking care of them any longer. But we have to take care of our people, and we're going to take care of our people first.

136.693 - 149.485 Ben Shapiro

Okay, so he's actually making a separate case here, which is that people should pay their own way when it comes to their welfare and defense spending. Totally agree, 100%. That is absolutely true. Also, that has literally nothing to do with what the president of the United States did yesterday.

149.645 - 169.444 Ben Shapiro

It seems to be predicated, his giant tariff policy that he just dropped on the market unilaterally, probably unconstitutionally yesterday. And I'll get to that in a moment. It's predicated on a few false notions about the American economy. One is that the American economy has been a giant fail for the last 40 years. That is simply not true. This is a myth that is propagated by both parties.

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