How Trump Wiped Out $10 Trillion in Wealth in 3 Days
The Daily8 Huhti

How Trump Wiped Out $10 Trillion in Wealth in 3 Days

On Monday, global stocks whipsawed over President Trump’s tariffs, a bear market briefly became official in the United States and tit-for-tat retaliation with China intensified.

As trillions of dollars in corporate value evaporates and Mr. Trump’s support in the business world is cracking, even Republican members of Congress are debating whether to take away the president’s power to wage a trade war.

Andrew Ross Sorkin, who covers business and policy, and Jonathan Swan, who covers the White House, talk through the tumultuous past few days on the stock market.

Guest:

  • Andrew Ross Sorkin, a columnist and the founder and editor-at-large of DealBook, which publishes the flagship business and policy newsletter of The New York Times.
  • Jonathan Swan, a White House reporter for The New York Times.

Background reading:

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Photo: Timothy A. Clary/Agence France-Presse — Getty Images

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

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Tuesday, April 18, 2017

Tuesday, April 18, 2017

What did we learn about the newest member of the Supreme Court, Justice Neil Gorsuch, from his first day on the job? And why would a democratic country voluntarily make itself more authoritarian? Guests: Adam Liptak, our Supreme Court reporter; and Patrick Kingsley, a foreign correspondent based in Turkey. For more information on today’s episode, visit http://nyti.ms/2oryRGw. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

18 Huhti 201716min

Monday, April 17, 2017

Monday, April 17, 2017

Sabotage and diplomacy. A look at the two ways the United States is dealing with North Korea’s nuclear threat. Guests: David E. Sanger, the chief Washington correspondent for The New York Times who recently returned from Russia; Max Fisher and Amanda Taub, who write the Interpreter column. For more information on today’s episode, visit http://nyti.ms/2pAUgi2. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

17 Huhti 201722min

Friday, April 14, 2017

Friday, April 14, 2017

How do we reconcile unexpected American military action overseas with President Trump’s isolationist campaign rhetoric? Guests: Helene Cooper, a reporter in Washington who covers the Pentagon; Rick Perlstein, who writes for The Times Magazine. For more information on today’s episode, visit http://nyti.ms/2omilHM. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

14 Huhti 201726min

Thursday, April 13, 2017

Thursday, April 13, 2017

A week ago, President Trump was accused of being a tool of President Vladimir V. Putin. Now, he says ties with Moscow are at an all-time low. What is going on between the United States and Russia? Guest: David E. Sanger, who is currently in Moscow. For more information on today’s episode, visit http://nyti.ms/2pp7bqn. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

13 Huhti 201716min

Wednesday, April 12, 2017

Wednesday, April 12, 2017

The relationship between two key figures in the White House, Stephen K. Bannon and Jared Kushner, has deteriorated to the point of breakdown. Is Mr. Bannon in trouble? Guest: Jeremy W. Peters, who has been covering the story from Washington. For more information on today’s episode, visit http://nyti.ms/2osfGj3. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

12 Huhti 201717min

Tuesday, April 11, 2017

Tuesday, April 11, 2017

How did Bashar al-Assad, a mild-mannered ophthalmologist, become a ruler who uses chemical weapons against his own people? And why is President Trump rejecting Mr. Assad, even as he is embracing another Middle Eastern leader with a reputation for brutality. Guests: Ben Hubbard, who covers the Middle East for The Times; Rukmini Callimachi, who writes about the Islamic State. For more information on today’s episode, visit http://nyti.ms/2p79Cur. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

11 Huhti 201720min

Monday, April 10, 2017

Monday, April 10, 2017

Why President Trump’s decision to launch missiles into Syria is at odds with nearly everything he has said about Syria. Guest: Peter Baker, the chief White House correspondent. For more information on today’s episode, visit http://nyti.ms/2oU6HZq. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

10 Huhti 201712min

Friday, April 7, 2017

Friday, April 7, 2017

The United States has launched 59 tomahawk missiles at an air base in Syria — a swift and decisive response to the Syrian government’s chemical weapons attack this week. And we navigate a historic day in the Senate. Guests: Helene Cooper, the Pentagon correspondent for The New York Times; Jennifer Steinhauer, who covers Congress. For more information on today’s episode, visit http://nyti.ms/2oMOPPR. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

7 Huhti 201720min

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