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(1562)

Trump’s Stellar Legal Team

Trump’s Stellar Legal Team

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The Florida Voter Suppression Project

The Florida Voter Suppression Project

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Lev Parnas Alone!

Lev Parnas Alone!

The House of Representatives turned in the articles of impeachment to the Senate on Wednesday, kicking off the next phase of the trial of President DJT. That, plus a bombshell MSNBC interview with Rud...

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Dems Debate In Des Moines

Dems Debate In Des Moines

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The Apple Of Bill Barr’s Eye

The Apple Of Bill Barr’s Eye

Attorney General Bill Barr wants Apple’s help unlocking the iPhone of a Saudi Arabian shooter who opened fire on a naval base last month. We discuss what Apple’s response means for data privacy. In th...

14 Tammi 202018min

Define “Imminent Threat From Soleimani”

Define “Imminent Threat From Soleimani”

In the days since the Trump administration killed Qasem Soleimani, there’s been little consensus on why the drone strike was necessary. We discuss Congress’ continuing response to this likely case of ...

13 Tammi 202015min

The Hitchhiker's Guide To Impeachment

The Hitchhiker's Guide To Impeachment

US and Canadian officials think the plane that crashed in Iran was struck by a surface-to-air missile. Further investigation will require lots of countries and agencies working together, and the curre...

10 Tammi 202019min

Avoiding War In Iran And Cancer In America

Avoiding War In Iran And Cancer In America

President Trump announced economic sanctions on Iran following Tuesday’s missile strikes, but he didn’t call for escalation. Congress is taking steps to block military action in the off chance he chan...

9 Tammi 202015min

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