A debate on "free trade" with guest Michael Williams of the Defenders of Capitalism Project. Should America consider trade retaliation against China and Japan and other currency manipulators? We review trade-related audio from the last GOP Debate from candidates Trump, Rubio and Bush. Would "tariffs" start a trade war? Might we already be in a trade war -- and losing it? What can America do to reduce its brobdingnagian trade deficits? We survey the historical views of Alexander Hamilton, Abraham Lincoln, Adam Smith and David Ricardo. How did the American economy perform so well under its early "protectionist" conditions? Could increased income inequality in America pave the way for socialism? Should "borders" even exist -- or are they economically inefficient and hindrances to liberty? Plus, Loretta Lynn endorses Trump. With music and listener calls.