77. TRUMP BACKS DOWN - TARIFFS FROZEN
The Rest Is Politics: US
Goalhanger
4.4 • 2.9K Ratings
🗓️ 9 April 2025
⏱️ 42 minutes
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| 0:28.7 | welcome to the rest is politics us i I am Anthony Scaramucci, and I'm bumping in here ahead of our original podcast. Right now, it is about 7 p.m. UK time. 2 p.m. here on the East Coast in the United States, there's a new announcement from the Trump |
| 0:55.0 | administration ever-changing, which is why we're bringing you this new information. |
| 1:00.7 | The president has capitulated on tariffs, a volatile trading session here in New York. |
| 1:07.0 | The Dow Jones is up over a thousand points right now. And my MAGA sources are telling me that |
| 1:13.7 | Secretary of Treasury Scapa sent, had a little bit of a face off with the president, said that he |
| 1:21.3 | was probably going to have to leave the administration if they didn't do something differently. |
| 1:25.4 | And so now it looks like he's got the ball on tariffs, and he is basically telling people, |
| 1:32.9 | we're going to suspend these now at least for 90 days, positive activity in the global markets. |
| 1:38.8 | Hopefully that will prevent some of the retaliation that's already been out there from the Western European leaders |
| 1:47.4 | and the Chinese. |
| 1:49.1 | And unfortunately not joining me at this moment is Miss One Arm Bandit herself, who's located |
| 1:55.3 | somewhere in an undisclosed casino location in Las Vegas, living it up right now. So she's not going to be joining |
| 2:02.7 | us for this intro here, my erstwhile partner, Katty Kay. But good news. And I'll just point out |
| 2:09.6 | three things I think are positive about this. The cooler, more rational heads are prevailing |
| 2:14.9 | in the Trump administration away from the Navarroes and the |
| 2:18.4 | Lutniks. Number two, I think House Republicans have also flexed here a little bit and said |
| 2:25.1 | that their very thin majority in the House is going to be jeopardized if they continue on this |
| 2:31.8 | course. And last but not least, in a personal face-off, |
| 2:37.6 | in a personal conflict, Donald Trump, being a conflict avoider, I think, did not want to have |
| 2:43.4 | this on his face here that Bassett was going to leave the administration as a result of these |
... |
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