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

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

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

Episoder(2628)

Friday, Feb. 3, 2017

Friday, Feb. 3, 2017

The biggest story in sports meets the biggest story in politics. And a bloody mission in Yemen reminds us that a new administration doesn’t always mean a new start. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

3 Feb 201716min

Thursday, Feb. 2, 2017

Thursday, Feb. 2, 2017

Who is influencing our new president’s views of Islam and radical Islamic terrorism? Are we seeing the beginning of a Tea Party for the Left? And why are its leaders looking to Republicans for inspiration? More on that — plus Beyoncé — on today’s show. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

2 Feb 201722min

Wednesday, Feb. 1, 2017

Wednesday, Feb. 1, 2017

In a ceremony made for prime-time television, President Trump announced his Supreme Court nominee: Neil M. Gorsuch, a conservative judge with a sterling résumé. We spent the night at The New York Times talking with some of our most insightful colleagues about what the nomination means. We also get on the phone with the chief executive of Hobby Lobby, a company at the center of one of Judge Gorsuch’s most important cases. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

1 Feb 201719min

Coming Soon: “The Daily”

Coming Soon: “The Daily”

This is how the news should sound. Fifteen minutes a day. Five days a week. Hosted by Michael Barbaro. Powered by New York Times journalism. Starting Feb. 1. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

17 Jan 20173min

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