EXCLUSIVE: Newsom DESTROYS Trump on TARIFF DISASTER

I'm joined by California Governor Gavin. Nuome. Governor, the markets are. crashing right now. The last I checked, and I don't like to check, the S&P 500. down 4.4%, the Nasdaq down. 5.6%, the Dow is down. 3.6%. And we also received news this. morning that the US announced job cuts. total. 275,000 in March. a record high for the.

month of March. Now, Governor, we're. gonna talk a little bit about the. podcast. I've got some questions there, but we got to talk about this breaking. news and your response to it. Look, I. mean, I I I represent a state the size. of 21 state populations combined, the. fifth largest economy in the world, and. uh we have a break the glass moment. We. have to update all our economic. forecasts, our inflationary forecasts, our unemployment forecasts, our budget. forecasts because I represent the. largest manufacturing state in America.

I represent a state that's more impacted. uh because of direct trade from China. and and Mexico and Canada than any other. state. And as a consequence, uh the. impacts are extraordinary. But but it's. not about California per se. It's about. all of us. It's about the global order. Uh it's about our alliances. It's about. our reputation, truth, trust. Uh it's. about stability. It's about the world. we've we've come to to know and and and. some of us revere and love the country. Uh all of that now uh at risk because of.

the recklessness and there's no other. way to describe it uh of one individual. uh the president of the United States. You know what makes this worse, if it. could get worse, is that it's a. self-inflicted recession. I mean, we all. knew what happened with Smoot Holly in. the 1930s. We know that if you impose. these types of tariffs, it's going to. have the consequences that we are seeing. now. So, with all of the info out there, with all of the data that's out there,

how could it be that this is happen? How. do you how do Americans process this. moment, Governor? Well, it's it's it's. about ideological uh you know, it's an. ideological endeavor. this, you know, Donald Trump, it's interesting. It's the. one thing he's been consistent about. This is a former Democrat. It was a. pro-choice Democrat who contributed to. Kla Harris's campaign for attorney. general in California. Um, and Donald. Trump though has been consistent for. decades and decades on the issue of. tariffs and the fact that he believes.

that other countries have ripped us off. So, in every respect, um, this is. shocking. Yes, because of the the the. outsized consequences, but not. surprising as it relates to uh the. deeper issue u at hand. It is, you know, how do we unwind this and and how do we. do it in a way that doesn't unmore the. very foundations of our democracy, the. best of Roman Republic, Greek democracy, a system of checks and balances, all of. that uh also under assault and under. attack at the same time. And how do we. do it with a Democratic party and the.

minority? uh but a Democratic party that. I think at this moment will be in its. ascendancy as we start to assert. ourselves much more aggressively uh. because we all now need to be unified. across our differences, our interesting. differences within the party in. opposition uh of what uh this president. is doing and the impacts will have in. terms of our kids and our grandkids. lives. Let's talk about that. The how we. do it. What's your message as the.

governor of the largest state, the fifth. largest economy in the world? What's. your message right now about what the. Democrat should be doing in messaging? What's happening with the economy? And. just generally in this moment right now. of chaos, what's going to happen. tomorrow? What's he going to post? How. is that going to impact people's lives? Well, you know, we can do it from two. two positions. I think the answer to. that is we use our our formal authority. to the extent we have it uh those in.

privileged positions of public service. uh in positions of elected office. I. happen to be governor. Uh so we use our. moral authority. We push back. We we. assert ourselves. I mean obviously I. called for a special session right after. uh Donald Trump's election. Uh I signed. that special session uh bill that. allowed us to finance and litigate. against the Trump administration. We've. already advanced nine formal lawsuits in. just a little over 9 and a half 10. weeks. But we also have something that's. even more powerful and that's our moral.

authority. And I think that goes to the. larger question of everybody. All of us. have to step up. All of us have to step. in. It can't just be reserved for those. extraordinary uh leaders that were able. to galvanize people to large uh town. halls or or or large rallies like AOC. and and uh and Bernie Sanders. I think. all of us now uh need to assert. ourselves to share a voice uh and uh to. to unify uh around uh the foundation of. our democracy, our republic. Uh you know.

the the founding fathers didn't live or. die to see this moment. You mentioned. Smooth Holly. I mean that was the. precursor to the great depression may. exacerbated it by any objective standard. and that was a little over 20% or. roughly 20% tariffs. Trump just did. 22.7%, 23%. And it was it was done on. the basis of some cockamini formula uh. that literally no one understands and by. definition the markets have reacted to. the recklessness to which he's moving.

into this. At the same time, they're. trying to deconstruct the administrative. state. At the same time, you reflect. that 275,000. uh figure as it relates to jobs. a. disproportionate number of that came. from uh jobs that were lost to. government uh and and same government. that's that's here to protect uh us from. the excesses of the kind of actions that. are occurring in the Oval Office. So. again we we will flex in terms of our. formal authority. Um uh we'll then.

express ourselves with the deeper power. that resides in every single one of us. and that's our moral authority. sharing. our voice in an authentic way, participating uh and being held to a. higher level of accountability, and that. includes me as well as governor of. California. You know, as part of that. cockamini tariff formula, we're also. seeing that tariffs were imposed on an. Antarctica island where just there's no. human inhabitants. Well, those penguins,

those pesky penguins, uh, you know, they, uh, they've been manufacturing a. lot of, well, fill in the blank. I'm not. sure they're exporting a lot of what. they manufacture. And then another. island where the only population is an. American military base, so we're. tariffing our own military base. No. offense to clowns. This is clownish. stuff. It's dangerous stuff. And when. you're speaking to world leaders, and. I've seen you've been meeting with a lot. of world leaders recently in California.

because they're looking for stability. and answers. What are you hearing from. them, Governor? Boy, I appreciate and. thank you for your observation. I I cuz. I was about to say cuz I'm quite. literally meeting with those world. leaders that have disproportion I cannot. impress upon you more the number of. high-profile folks that you know their. names that have directly reached out to. the governor of California because of. the uncertainty they're feeling about.

the United States of America and the. world they're living in. And these are. people in privileged and powerful. positions that want to know that. California is not going to turn their. back. And my point to them is the point. I want to make to everybody. We're not. going to turn our back. We're going to. be a stable partner. Um that we believe. in our alliances. We believe in our. allies. We support our friends. We want. to we want to build more friends, more. allegiance, more bridges, uh and more. opportunity. and uh and and we're not.

going to we're not going to sit back and. as we haven't, but we're going to be. even more forceful uh and formidable. moving forward as we push back against. this agenda. And let me remind you why. When I say the fifth largest economy in. the world, this is important to. understand. We're 14 where the tenpole. of the US economy, 14% of the GDP in the United States of. America emanates from the state of. California. We're the largest. manufacturing state, $421 billion. The. next largest state is Texas, and we're.

41% bigger than Texas. We have more. jobs, 150% more than the second state, jobs in forestry, in agriculture, in. fishing. Uh this state represents in so. many ways, uh it's a microcosm of the. United States of America. And so we feel. these impacts in a profound and. consequential way. the trade war that. Donald Trump has just launched because. there'll be a reaction uh there already. has been a reaction uh is going to be.

felt uh in pretty profound ways to real. people average people including those. that voted for Donald Trump uh those. that were betrayed by this very. administration and uh I think we have to. shape that narrative and Democrats it is. about narrative we've got to shape the. narrative and we've got to flood the. zone as you do in this extraordinary. platform that you've created. Thank God.

for you. But we have got to flood the. zone and develop a narrative that can. counter Donald Trump and not just get. caught up in dangling verbs and and. getting caught up in in sort of. sentences and responding to every single. tweet or true social, but to develop and. flood the zone on a narrative that binds. us together. uh that celebrates again. all our interesting differences in the. vernacular of of Bill Clinton, but binds. us together as a nation uh in an. aspirational and patriotic way.

Democrats need to own that space again. and we need to be a big tent party. again, which is foundational if we're. going to make the kind of progress that. this moment demands. Governor, I think. about some of the people who voted for. Donald Trump in our state of California, the farmers in Kern County, uh, in. Fresno. They're getting hurt right now, maybe even the most or as bad as. anybody. Also, you know, we learned.

about how Donald Trump emptied those. reservoirs because he wanted to say he. opened up a valve and released the water. into Southern California. This reservoir. was nowhere near where the fires were. At the time the reservoir was drained, there was already full containment or. mostly full containment of the fire. This was nowhere near where the fires. were. But now the releasing of this. water is going to harm farmers during a. dry summer. This can be devastating,

releasing $2.2 billion just so he can do. a freaking social media post. What's. your reaction to that? What's the status. of that right now? Well, I mean, it's. back to it's I guess it's part for the. course, isn't it? Uh, it's reckless just. as these tariffs. It's arbitrary. Yeah, it's cap. I mean, it's fill in the. blank, but it's really consequential. And I priest boy, well done. You you. framed it perfectly. He basically took. uh water that was set aside uh for this. summer's farming from one part of.

Central Valley and then dumped into an. other part of Central Valley without. giving them heads up on water they. didn't need and know even how to store. and they had to turn off uh the pump. because it was starting to impact the. levies. None of it went to Southern. California. But what Donald Trump did, he flooded the zone with dis and. misinformation, celebrating that somehow. he solved for the problems in Southern. California, somehow equating and. connecting it to fire uh hoses and.

issues related to fire uh to to fire. suppression. Uh and you know, facts. again get in the way uh narrative. matters, illusion rules so often. And. the challenge we have, and you know. this, and again I'm I I'm I'm I'm not. going to say anything nice again about. you because I I appear to be. patronizing. Um but they dominate right. now in terms of flooding the zone and. weaponizing this miss and. disinformation. Uh and they are able to.

do it with an asymmetry in terms of. their communication capacity that we. have to address and you are addressing. and we have to own up to. And we've got. to rebuild that architecture or build. that architecture so that we can compete. in this space because what you just said. is not commonly known by the. overwhelming majority of people that. voted for Donald Trump that actually. believe that that water was sent to. Southern California. Even though.

demonstrabably uh we know that was not. the case. Governor, you are a fighter. You are known for being a top debater as. well. And and I'll just give you the. example. You went on Fox News and you. had Sean Hannity conduct a debate with. you and Ronda Santis knowing that. Hannity would you knew they were going. to do the stunts. You did that in front. of millions of people on Fox. Look, the. stakes don't really get higher than.

that. So when people think about you, they think fighter debater. So I have. questions about the podcast. I'm sure. you've heard these questions before and. I think it's only fair that I ask him on. this show because what people were. wondering when you had someone like a. Charlie Kirk and a Bannon they know that. Nuome's a fighter that's what they. think. So when they ha when you have. them on the show this is what the. argument is and then and then let me. know. They said look Kirk said some bad.

not Kirk says a lot of bad things. MLK. is a bad guy. The Civil Rights Act of. 1964 was a mistake. If you vote. Democrats as a Christian, I think you. can no longer call yourself a Christian. Black pilots, I'm sorry if I see a black. pilot. I'm going to be like a boy. I'm. going to be asking if he's qualified or. not. Bannon plead guilty to a felony. Contempt of Congress. So, people are. saying you have them on. Does it feel. like you're normalizing them for not.

challenging them and hitting them for. those ideas because you're a fighter and. that's what you're known for? So, what. do you say to those people? No, I I. appreciate that. I say what I what I. said when I launched the podcast. That's. not what this podcast is about. Um and. and if you're tuning in to watch a. debate, you know, turn on cable news. Uh. there's plenty of debates going on. Just, you know, go down, maybe go to. Thanksgiving dinner and uh debate with. your uncle. I I'm not here to debate. I'm here to illuminate. I'm here to. understand because look, we lost the. election. We lost the popular vote. Uh.

we don't have the House uh or the the. Senate. Uh there's certain reality here. We're losing young men. And this perhaps. to me is one of the biggest issues uh. that define some of the challenges of. the Democratic party. Multithnic young. men in this country. These are trend. lines that are growing to become. headlines. And I want to understand how. these guys work. I want to know what. their motivations are. I want to know. how they operate. And and I want to find. areas uh where I want to find a capacity. to understand and engage um without.

demeaning. I do that plenty. I mean, you. know, we're we're we we're you know, I'm. going at it. We're doing we're. litigating. We're doing lawsuits. I'm. out there debating, but I wanted to. create a platform for a different kind. of engagement, a two-way conversation. And I so I deeply respect uh how people. want to see the other side. Uh but but. for the purposes of this podcast, uh I. just want to invite people in because I. want to understand what world I'm living. in. I want to understand what the trend. lines are that define it. I want to know. how we can take advantage of it. Charlie.

Kirk has created a platform for. engagement where he's on college. campuses in ways Democrats are not. He's. open debates. He's arguing with folks. and he's incre increasingly winning. young men and they're converting and. they're moving over. He's built a big. platform. He's built a big voice. Bannon, I mean, big part of what we just. talked about in the top of this about. what's going on with tariffs. That's. that's Bannon. This has been Bannon's. vision for decades and decades. It's. manifesting. And you know, for me, it's. I'm not, you know, normalizing. you. said, "I appreciate, but I'm not.

platforming. These guys have millions. and millions and millions of followers.". Uh, when I started the podcast, I had. zero. Like, I literally started with. zero in that first podcast with a guy. who has tens of millions of followers. So, who's platforming whom? Uh, and so I. look, and I'll end on this. Um, I'm I'm. exhausted, and maybe others are not. I I. just I I really long for a world where. we can live together across our. differences. I really long for a world. where I can show up and disagree with.

someone politically but still respect. and appreciate that they love their kids. like I love my kids. They love their. community. They want to be connected to. something bigger than themselves. They. may desire to do that through sort of a. religious organization. Others may. desire to do that through a nonprofit. and a charity. But there's certain. things that are universal in life. And. I'm just I'm I don't know. I just want. to this has been hard. the stacking of. stress and all the anxiety and the. fingerpointing, the demeaning and. demoralization that people feel, the.

attacking people and bullying people. And so that's what the that's kind of. what I'm trying to do is something a. little bit different. But man, mad. respect for those that disagree with me. um uh and and want to see a more. combative sort of Fox News Newsmax. version of me. But you know, I'll keep. doing that on Fox and Newsmax. So you. can tune in there. You will go on there. You are going to fight on those. platforms. Governor, any final words you. want to give to the American people who. are feeling uncertain right now, who are. just who are just worried right now?

What's what's your message to the. American? Well, my message is if you're. listening, you haven't, you know, thank. you. You're the antidote to your own. fear and anxiety. You're the antidote to. your own cynicis. You're not cynical. You haven't given up. You haven't given. in. So, by definition, uh, you know, mad. respect, you're winning. You are winning. because you you you're showing up. And. that's pretty powerful. And if you can. show up and not give into that cynicism. after all the stacking of stress and. everything you've been through like. everybody listening watching everything. you've been through with COVID and.

pandemic and social unrest and economic. uncertainty and I'm not talking about. today I'm talking about what you went. through during COVID and supply chain. and shocks uh to the system to Trump 2.0. and you getting through 1.0. Um the fact. that you're still tuning in to this. platform means you're on the other side. of this if you maintain um your your. your conf your just confidence in. yourself. And so I just I want to I just. want to acknowledge everything you've. been through, but also just you know ask.

you uh for a little bit more uh on. behalf of all of us and know that I I. really believe it's in my core. We're in. the majority of good people that want to. do the right thing that don't want to. talk down to people or past people. Um. that that really believe in the values, progressive values that we hold dear, that we're all better off and we're all. better off. uh that everybody has the. capacity to flow with the forces of life. to be fully expressive and it's our job. to encourage that and and enliven people.

uh into and sense of well-being and. opportunity and and and so I I just I. just want people to keep the faith I. guess is a long- winded point you know. and I I just want to compliment you know. Cory Booker's the world my old buddy my. old friend former mayor mayor old. colleague you know if he can last 25. hours on his feet uh we can handle the. next 25 to 36 months as long as we step. up and we're on our feet uh and uh and. we're out there and we're making our. voices heard. California Governor Gavin. Newsome, first time on the Midas Touch.

Network. We appreciate you so much. Great to be with you. Everybody hit. subscribe. Let's get to 5 million. subscribers. Love this video. Continue. the conversation by following us on. Instagram, Midasouch, and help us blow. past 1 million followers. [Music].