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(1559)

Iran, Greenland, And Trump's Ego

Iran, Greenland, And Trump's Ego

In Iran, weeks of protests against the ruling regime have resulted in the deaths of thousands of protestors at the hands of the government. The Trump Administration has voiced its full-throated suppor...

14 Tammi 24min

Trump’s War On The Fed

Trump’s War On The Fed

Federal Reserve Chair Jerome Powell struck back on Sunday night after the Department of Justice opened a criminal investigation into his handling of renovations to the Fed’s DC headquarters. Whether o...

13 Tammi 27min

The 'Dark Fleet' Behind Venezuela's Oil Trade

The 'Dark Fleet' Behind Venezuela's Oil Trade

The United States Coast Guard seized another oil tanker, the Olina, on Friday. It is the fifth Venezuela-linked tanker seized by US forces under President Trump, and the third since the capture of for...

12 Tammi 21min

The White House Blames Victim In Minnesota ICE Shooting

The White House Blames Victim In Minnesota ICE Shooting

On Thursday, protestors continued to gather in Minnesota’s largest city to stand up to Immigration and Customs Enforcement after an officer fatally shot a woman on Wednesday. The victim’s name was Ren...

9 Tammi 25min

And Then The Majority Was 2

And Then The Majority Was 2

There are 435 members of the House of Representatives — and after the resignation of Georgia Representative Marjorie Taylor Greene and the passing of California Representative Doug LaMalfa, the GOP’s ...

8 Tammi 25min

A Quack In Trump’s Presidency

A Quack In Trump’s Presidency

It’s been a strange 12 months for Trump. He won the 2024 election on a wave of economic discontent, and responded by blowing up a wing of the White House, decimating foreign aid, and attempting to dep...

7 Tammi 23min

Did The J6ers Win?

Did The J6ers Win?

Five years ago today, supporters of President Trump, emboldened by his false claims that the 2020 election was stolen, stormed the Capitol. Now, with Trump back in the Oval Office, it feels like the J...

6 Tammi 23min

Trump Extracts Oil -- And The Venezuelan President

Trump Extracts Oil -- And The Venezuelan President

Late Friday evening, President Donald Trump ordered the U.S. military operation that led to the capture of Venezuelan President Nicolás Maduro and his wife, Cilia Flores. After his capture, Maduro was...

5 Tammi 24min

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