The Trendaddy (formerly The McFuture)

A less tariffying way to bring manufacturing back to the US.

Europe just signed a monumental trade deal with the US and agreed to 15% tariffs while the US pays 0%. Why is this not the slam dunk that it seems? Watch.

No matter what you do today, read #5 NOW!

What's the deeper truth & philosophy behind Trump's focus on manufacturing & tariffs? Get all charts & deep dives in The Trendaddy newsletter at https://stevefaktor.com/

https://youtube.com/shorts/lFtOziQXPNM?feature=share Finally, does Trump have a plan? Yes. Can it deliver the results America needs? Reply hazy, try again. I lay out the plan and my issues with it here. Then, finish this series with a BANG over the next three killer episodes. All the charts and thoughts that couldn't make it into the video, below. First, NOBODY gets manufacturing back by changing one incentive. Some of Trump's tariff edicts barely last one week. Meanwhile, supply chains are long, complex, expensive investment decisions that require certainty and stability — contracts, legislation, ecosystems (universities, job training, infrastructure, housing), and tax abatements...or as my transcription software called it, "Jason Batemans". On Trump’s terms, this is like building your dream home on a raft. Or, in the Palisades. These moves are not designed for long-term investment decisions, but invitations to negotiate. Not great invitations. Like 4th of July at Ted Kaczynski's . This is a chaotic turducken of high stakes bets, built on the idea that America can force other countries to capitulate.  Everything has to go right. Even then, we will have alienated our allies and damaged trust in the US and the dollar. This video is a more coherent breakdown of Trump’s plan than anyone, including him, has ever articulated. The steps make sense, on the surface. I’ll break down how they fall apart, in practice. https://twitter.com/shellenberger/status/1910027744496550207 1. chaos as leverage Using chaos to stimulate manufacturing is like yelling at a fat friend to run faster. Maybe they can, or maybe they'll die. Trump’s first move is meant to destabilize opponents by expanding the Overton Window. That makes previously unthinkable positions look like rational compromises. A 10% global tariff may have been unthinkable, until a 110% tariff was a reality. It’s all part of a pattern. Sign up to Unlock You'll get a link to unlock this free post. Plus, all charts, links & preview of future episodes. your email address (you can unsubscribe anytime, no hassles) Loading... Remember when he announced we're taking over Gaza? Suddenly every Arab nation that was sitting out this latest war, woke up. ‘Oh my God, we don't want the US in our backyard!’ Now, Egypt, Jordan, Saudi Arabia and Qatar are all trying to figure things out on their own. Or when Trump threatened to drone bomb Mexican Cartels? The goal was to push Mexico to handle the problem so we didn’t have to. Same thing with leaking plans to bomb Iran. Same with threatening to annex Greenland, Canada, Panama Canal, and Ukrainian minerals. Now, Canada dumped Trudeau and Arab states are working on their own solution for Palestine. In a trade war, our panic is the point. It’s what convinces adversaries that this is real, that we're ready to gut this out. Except… If you pull the trigger, you can’t blink. Trump’s been blinking like a Bedouin in a sandstorm, with one backtrack after another. Blinking invalidates not only the tariff threat, but every other use of this tactic. Now the only way to regain credibility is to bomb Cleveland. OK, Iran will do. Even Trump's 'blinks' are incoherent. Giving Apple and Nvidia tariff exemptions on iPhones and other finished goods, while hiking it for steel, is the exact opposite of bringing manufacturing back. It raises costs on inputs, lowers them on outputs. According to Goldman-Sachs, US input tariffs could raise US manufacturers' production costs by 5-15%, making them less competitive vs foreign producers, especially overseas.

If manufacturing comes back, will jobs follow? A definitive answer right here.

The definitive answer to how much manufacturing we can bring back to America with lots of great charts and analysis.

Can America just make high value goods and leave the other junk to the rest of the world? The answer is hard as steel.

The US military is in trouble & it's the biggest reason we're talking about manufacturing in America and tariffs right now.

In this first of a 9-part series on manufacturing, I explain the 2 strings holding up the entire US economy

You won't believe what hackers just uncovered...or maybe you will.

Americans’ perceptions of reality are wildly off. I noted in the video that a big reason is media narratives. But it’s not the only reason. Let’s break down the five big reasons reality is distorted and apply them to some of our biggest misperceptions.

When it comes to climate change, things aren’t as dire as they seem. Three reasons not to panic:

What if healthcare isn't a market commodity or human right, but something else..? Follow as Steve Faktor rates which trends will shape your future and which won't. Get all charts & analyses in The Trendaddy newsletter at https://SteveFaktor.com

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HUGE revelations from Tucker Carlson's interview of Vladimir Putin that might make you wonder, "Are we the baddies?"

https://youtu.be/mgOHTkhJwXA Notice how quickly we went from “We’re just criticizing Israel’s policies!” to celebrating executions of Jews and bombing synagogues. Hamas’s barbaric terrorist attack not only exposed Israel’s fragility, but a global network of antisemitism in academia, media, and our very own friendships. The veil has been lifted. We’re in a Roger Waters wet dream, where he can finally slay Jews and stop milking 50-year-old songs. This episode takes on many of the lost narratives the media won’t dare touch, including: 00:00:00 Why The Deafening Silence, "Friends" and Neighbors? 00:14:55 Donny Deutsch & The Silence of Corporations 00:18:14 The Socialist Macro-Aggressors 00:22:32 Larry Summers & The Ivy League Terror Cells 00:29:56 Three Drivers of Malignant College Leftism 00:32:45 (1) Decolonization 00:38:44 (2) Intersectionality 00:41:43 (3) Demoralization & The KGB 00:47:55 Media Complicity 00:51:32 Jonathan Rosenthal on Moral Equivalency 00:52:45 Dumb & Dahmer: Hamas's Mission (Golda Meir, Sam Harris, Casey Neistat & Ami Horowitz) 01:01:11 Jared Kushner on The Perils of Negotiating with Palestine 01:07:03 Reluctant Conquerors & Noble Victims 01:11:10 What to do with Terror Sympathizers? 01:14:42 Democratic Cleansing 01:16:35 About Colonialism... (featuring Ike Saul) 01:25:27 The Iran Hack 01:33:26 How America Made Iran 01:34:43 How Israel Made Hamas 01:37:52 The Problem With Weaponizing Extremism 01:43:50 Israel's Three Options 01:49:07 More Guns!! 01:50:01 The Shocking Power of X (Twitter) & Corruption of Corporate Media 01:54:20 Conspiracies & Reruns If you enjoy this, please support the show on Patreon & get tons of member exclusives!  Also please give a 5-star review on Apple Podcasts. Really helps with visibility. Share & subscribe on: YouTube, iTunes,  Spotify,  Google,  Stitcher,  TuneIn, RSS

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