Matt Gagnon clarified his stance on tariffs, emphasizing his support for free trade and opposition to tariffs as economically destructive. He differentiated between his opposition to tariffs as economic policy and his support for strategic tariff brinksmanship to exert leverage on other countries, particularly for addressing social issues like immigration and drug smuggling. Gagnon cited Peter Navarro’s statements, indicating the Trump administration’s focus on reducing trade deficits rather than achieving better trade deals. Callers discussed the implications of tariffs on fair trade, energy costs, and the misrepresentation of VAT (Value Added Tax) as a tariff.
The American job market continues to show surprising strength, shrugging off the high costs of the Iran war. Employers added 172,000 jobs in May – roughly double what forecasters had expected – and the unemployment rate remained at a low 4.3%.
A Colorado court reversed homicide convictions against two paramedics on Thursday in the death of Elijah McClain, a Black man who was pinned down by police and injected with a fatal dose of ketamine.
The state of Florida filed a lawsuit against OpenAI and CEO Sam Altman on Monday, claiming the company knowingly released and aggressively marketed ChatGPT to the public while concealing serious risks.
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