Trump Raises China Tariffs To 245%: What Will Retaliation Look Like? | Thomas Hoenig

Thomas Hoenig—former Federal Reserve and FDIC official now at the Mercatus Center—analyzes economic indicators, US-China tariffs, and monetary policy, warning that despite current economic strength, the intensifying trade war could trigger significant disruption in late 2025.*This video was recorded on April 16, 2025Use my promo codes to get a 10% discount on BTC Vegas (May 27-29), the world's biggest Bitcoin conference:BTC Vegas 2025: B25: https://tickets.b.tc/event/bitcoin-20... BitcoinAsia: https://tickets.b.tc/event/bitcoin-as... Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMF... Listen on Apple Podcasts: https://podcasters.spotify.com/pod/sh... FOLLOW THOMAS HOENIG:The Mercatus Center: https://www.mercatus.org/ X (@tom_hoenig): https://x.com/tom_hoenig FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): / davidlin_tv Instagram (@davidlin_TV): / davidlin_tv For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 – Intro 1:07 – Recession and uncertainty 3:07 - Inflation concerns and tariffs 4:46 – China 8:20 - Global supply chain shifts 9:02 - Budget deficit 10:58 – Taxes and tariffs 12:38 – Economic impact (of trade war) 14:51 – Unemployment rate 16:49 – Fed outlook 20:01 – Fed independence and political challenges 23:41 – Impact on financial institutions 24:34 – Consumer debt delinquency 25:46 – Recession forecast #economy #investing #tariffs