Trump Tariffies The Markets
What A Day4 Apr 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:

Episoder(1559)

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Rep. Jim Clyburn Offers A Historical Warning

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Hegseth Takes His “Secretary of War” Title Too Seriously

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President Trump Is Disconnected From His Beloved Base

President Trump Is Disconnected From His Beloved Base

President Trump is old, and it shows. But in his second term in the White House, he's not just old – he's cloistered. After building his political career on massive rallies, he's spent significantly m...

3 Des 202522min

With Next Phase Of Ceasefire Unclear, Gazans Brace For Winter

With Next Phase Of Ceasefire Unclear, Gazans Brace For Winter

It's been nearly two months since the fragile ceasefire agreement between Israel and Hamas went into effect. The ceasefire is intended to be the first phase of an overarching plan to bring peace to th...

2 Des 202517min

Trump Capitalizes On The National Guard Shooting

Trump Capitalizes On The National Guard Shooting

Two members of the West Virginia National Guard were shot just a few blocks away from the White House, on Wednesday. One of the two shooting victims, 20-year-old Army Specialist Sarah Beckstrom, died ...

1 Des 202525min

Protecting The Franchise: How Can We Secure Our Elections?

Protecting The Franchise: How Can We Secure Our Elections?

Fear is mounting about the integrity of next year’s elections and all the tricks MAGA World might be able to pull. How valid are those concerns? What are the reasons for confidence? Jane Coaston conve...

26 Nov 20251h 3min

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