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(1561)

Boris Battles For Britain

Boris Battles For Britain

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Born In The USMCA

Born In The USMCA

House Democrats have reached a deal with Trump on the United States Mexico Canada Agreement, which will replace the artist formerly known as NAFTA. We discuss what that means.  A new report shows that...

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Special Report-a-thon: Russia and Afghanistan

Special Report-a-thon: Russia and Afghanistan

A report from the Inspector General has revealed Trump’s claim that the FBI spied on him in 2016 to be false. We talk about what else we learned from this scorching hot doc. Report two is from the Was...

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Warren Peace

Warren Peace

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9 Joulu 201918min

The Ghost of America’s Health Care Future

The Ghost of America’s Health Care Future

A multi-million-dollar lobbying group is running ads in early primary voting states against Medicare For All and the public option. In our “We Have Issues 2020” segment, we talk to congresswoman Prami...

6 Joulu 201919min

Trump’s “Screw Everyone That Isn’t Us” Mandate

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The USDA released a new food stamp rule that would kick an estimated 755,000 people off food benefits. We discuss with US Senator from Michigan Debbie Stabenow and senior Urban Institute fellow Elaine...

5 Joulu 201919min

Kamala’s Second Act

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California Senator Kamala Harris suspended her presidential campaign on Tuesday. We discuss the factors that led her to this point, including ones many in the press seem to have overlooked. Democrats ...

4 Joulu 201918min

Look Julian's Talking

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We talk to presidential candidate and former Housing and Urban Development Secretary Julian Castro about the way the DNC does primaries, whether the Democratic party needs to refocus on poverty, and h...

3 Joulu 201919min

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