Trump’s tariff policy is all over the place - Ton, off, then back on again. Markets don’t like uncertainty, and Jacob' sister is even texting him about stocks. China? Barely flinching. Europe? Actually getting its act together, with Germany and Poland leading the charge. Meanwhile, Turkey’s making moves, the Kurds are recalibrating, and Iran’s back in the mix.

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Timestamps:

(00:00) - Intro

(00:40) - Sister Index

(05:40) - Impact of US Tariffs and Trade Policies

(08:46) - Trump Administration's Policy Analysis

(14:38) - Lumber Test Case

(24:52) - China's Response to US Tariffs

(34:18) - Germany's Defense and Fiscal Policies

(35:08) - Poland's Military and Political Moves

(36:39) - France's Political Climate

(38:02) - Europe's Industrial and Manufacturing Strength

(40:48) - EU's Strategic Moves and Turkey Relations

(46:42) - Italy's Political Dynamics and Starlink Controversy

(48:41) - Poland's Geopolitical Strategy

(53:50) - Turkey's Position and Regional Developments

(01:05:34 Conclusion and Final Thoughts

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Referenced in the Show:

FP article link: https://foreignpolicy.com/2025/03/07/europe-heavy-industry-trump-us-competition/

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Jacob Shapiro Site: jacobshapiro.com

Jacob Twitter: x.com/JacobShap

CI Site: cognitive.investments

Subscribe to the Newsletter: bit.ly/weekly-sitrep

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The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com

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Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today’s volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.

Cognitive Investments is an investment advisory firm, founded in 2019 that provides clients with a nuanced array of financial planning, investment advisory and wealth management services. We aim to grow both our clients’ material wealth (i.e. their existing financial assets) and their human wealth (i.e. their ability to make good strategic decisions for their business, family, and career).

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Pulling the Wrong Levers

The Jacob Shapiro Podcast