Trump Tariffies The Markets
What A Day4 Huhti 2025

Trump Tariffies The Markets

If Wednesday was ‘Liberation Day’ in America, then Thursday was its day of reckoning, as the reality of President Donald Trump’s decision to levy steep tariffs on dozens of countries set in. Financial markets around the world cratered. In the U.S., stocks lost more than $3 trillion in market value, registering their largest one-day drop since the start of the pandemic. But none of it seemed to bother Trump, who said of the fallout from his tariff announcement, ‘I think it’s going very well.’ Scott Lincicome, vice president of general economics and trade policy at the Cato Institute, tells us everything we need to know about Trump’s tariffs.

And in headlines: The Pentagon’s acting inspector general said he’ll review Defense Secretary Pete Hegseth’s use of the Signal app to discuss military plans, the White House threatened to withhold funding from public schools over DEI programs, and lawyers for a Tufts University student detained by immigration officials asked a judge to keep her case in New England.

Show Notes:

Jaksot(1570)

Meet Trump's Pick To Lead DHS

Meet Trump's Pick To Lead DHS

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17 Maalis 23min

Can Big Oil Grease The Courts?

Can Big Oil Grease The Courts?

The war in Iran has essentially closed the Strait of Hormuz, the world's most important oil transfer point, sending oil prices over $100 a barrel with the potential to go even higher. And yet, the odd...

16 Maalis 21min

Why Trump Abandoned America First

Why Trump Abandoned America First

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13 Maalis 22min

The Cost Of War Is More Than Oil

The Cost Of War Is More Than Oil

The war with Iran has already killed more than a thousand Iranians, including 175 people killed at an elementary school on February 28th. According to multiple news outlets, a preliminary report from ...

12 Maalis 24min

Trump, Iran And A Brewing Economic Crisis

Trump, Iran And A Brewing Economic Crisis

In case you haven’t noticed, the American economy isn't doing so well right now. Oil prices have been on an absolute rollercoaster since the Iran war began — but that’s not all. On Friday, the Bureau ...

11 Maalis 28min

The War With Iran Has No Exit Plan

The War With Iran Has No Exit Plan

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10 Maalis 23min

Can States Stop Trump’s Election Meddling?

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9 Maalis 20min

Sen. Mark Warner Won’t Miss Kristi Noem

Sen. Mark Warner Won’t Miss Kristi Noem

On Thursday, President Donald Trump fired Department of Homeland Security Secretary Kristi Noem via a Truth Social post. Her tenure was marked by a photoshoot in a superprison in El Salvador, brutal i...

6 Maalis 21min

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