Analyzing Tariff Impacts Domestically And Overseas

The Bret Baier Podcast

FOX News Radio

News, Politics, News Commentary

3.6 • 681 Ratings

🗓️ 24 April 2025

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

How are American businesses & foreign companies responding to President Trump's tariff plan? Bret sits down with Bank of America CEO Brian Moynihan to discuss how he believes tariffs might impact U.S. businesses, America's trade relationships, and manufacturing jobs within the country. He also discusses what he believes the key strengths and weaknesses are within the economy right now. Later, Taiwanese Representative to the U.S. Alexander Yui talks about the trade relationship between America and Taiwan, and how the current negotiations to lower tariffs and increase investments and trade are going. He also shares how Taiwanese leadership is responding to the growing military threat from China toward Taiwan — something that could greatly impact world trade. Follow Bret on X: @BretBaier Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	I'm making a robot head with an Amazon box.
0:03.0	I've painted it silver and Daddy helped me make it.
0:05.0	At Amazon, we're actually using paper bags for more of our deliveries.
0:09.0	And now I'm making a paper hot air balloon and I even made a little brown basket
0:13.0	and I'm making a dog that looks just like Monty.
0:16.0	Just one of the ways we've reduced the weight of our packaging by more than 40% since 2015,
0:20.0	which is still good for playtime.
0:22.6	Mom, where's the scissors?
0:25.7	To learn more, visit aboutamason.com.com.
0:27.9	U.K. forward slash sustainability.
0:34.6	Fox News Podcasts presents the Bread Bear Podcasts with Fox News Podcasts presents the Brett Bear podcast with Fox News Chief Political anchor Brett Bear.
0:46.8	We are going to, at some point just set prices for deals.
0:51.9	Some will be tariffed.
0:57.0	Some treat it as very unfairly. They'll be tariffed higher than others. But we've been ripped off for many, many years. The United States has been
1:01.8	ripped off like no country, probably in the history of the world, has been ripped off for 45, 50 years.
1:08.2	President there, joining us tonight to talk about the economy, trade, tariffs,
1:13.0	Bank of America, CEO Brian Moynihan. Thanks for being here. That's great to be here again. Good to
1:18.1	see you. All right. Let's start 30,000 feet. You know, where you see the U.S. economy tonight?
1:24.0	Sure. So if you look at what we see in our data, and so one of the things we
1:28.2	uniquely have is what consumers are doing, and we can see it. So if you think about April,
1:32.4	year to date, you look at about a 5% money movement in the economy, a trillion four has moved
1:38.5	through those accounts in the economy, 5% more than moved for the last, those four-month period
	...

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