Charlie Sykes and David Frum discuss the volatile state of the U.S. economy, the Trump administration’s trade war with Canada, and the potential consequences of Elon Musk’s growing influence in government policy. They analyze Trump’s economic policies, including his fixation on tariffs and trade conflicts, and question the administration’s erratic geopolitical maneuvers, from Ukraine to Panama. The conversation also explores the Republican Party’s surrender to Trump’s agenda and the alarming speed of institutional capitulation in American democracy.

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