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(1600)

You Can't Always Test Who You Want

You Can't Always Test Who You Want

Congress is nearing a deal on a new round of funding for small businesses, hospitals and to ramp up testing — which experts say is still in too short supply. Plus, the latest on antibody tests and why...

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Full Contact Tracing

Full Contact Tracing

The Trump administration is now saying what everyone else knew all along: it’s up to the states to determine how and when they begin easing out of lockdowns. The CDC is going to hire hundreds of peopl...

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Stimulus Check, Please!

Stimulus Check, Please!

Over 80 million Americans should have seen their coronavirus stimulus payments deposited in their bank accounts yesterday. For the rest of us, we'll have to wait for the mail version. Small businesses...

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Governors Of The World, Unite!

Governors Of The World, Unite!

After suggesting that he had “total authority” to determine when states reopen their economies, Trump now says the states can decide. Governors are making their own plans, with California, Oregon, and...

15 Huhti 202014min

Leftward Joe with Rep. Ilhan Omar

Leftward Joe with Rep. Ilhan Omar

We interview Congresswoman Ilhan Omar about what progressives want from presumptive Democratic presidential nominee Joe Biden and what steps Congress should take next to address the pandemic. Neighbor...

14 Huhti 202020min

Minding The Race Gap

Minding The Race Gap

States are trying different approaches to address coronavirus racial disparities, from forming a task force in Louisiana to opening new testing centers in New York City. We speak to Dr. Abdul El-Sayed...

13 Huhti 202015min

Viruses Are Taking Our Jobs

Viruses Are Taking Our Jobs

Another 6.6 million people filed for unemployment benefits last week, meaning that more than 16 million jobs have been lost in the last three weeks. That puts more pressure on Congress to sort out mor...

10 Huhti 202016min

Exit Sandman

Exit Sandman

Senator Bernie Sanders has dropped out of the 2020 presidential race, but his ideas may live on. Vice President Joe Biden is now the presumptive democratic presidential nominee. We look at how we got ...

9 Huhti 202020min

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