April 11, 2025: It’s still the economy, stupid
The Playbook Podcast
POLITICO
3.9 • 699 Ratings
🗓️ 11 April 2025
⏱️ 11 minutes
🧾️ Download transcript
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| 0:00.0 | Presented by BP. |
| 0:05.6 | Good morning, everyone. I'm Playbook Deputy Editor Zach Stanton. It's Friday, April 11th, |
| 0:10.6 | and here's what's surviving the day. As the Trump administration bulldozes through policy |
| 0:14.4 | norms and implements its agenda, it is encountering real challenges on several different fronts. |
| 0:19.6 | And that's the throughline of several |
| 0:21.1 | major stories today. There's the courts. Last night, the Supreme Court made a ruling requiring |
| 0:25.9 | the Trump administration to facilitate the return of Kilmar Abrago Garcia. He is the Maryland man |
| 0:31.3 | who last month was deported and sent to a notorious mega-prison in El Salvador due to an |
| 0:36.2 | administrative error on the part of the U.S. |
| 0:38.2 | federal government. Now, the High Court's ruling doesn't explicitly mention bringing Abrago Garcia |
| 0:43.6 | back to the United States, but it leaves in place the bulk of a judicial order that |
| 0:48.5 | specifically required his return to the United States. We don't yet know the timeline for his return, |
| 0:56.2 | but Salvadoran President Naib Buckele is slated to visit President Donald Trump at the White House on Monday. Then there's the |
| 1:01.9 | markets. After rallying on Wednesday in the economic equivalent of a sigh of relief, the markets |
| 1:07.0 | continued their fall on Thursday. Their decline speeding after 11 a.m. when the Trump |
| 1:11.9 | White House announced that the tariffs on China will be 145 percent, not the 125 percent level the |
| 1:19.3 | president previously stated. And that sets the table for turbulent times ahead economically. |
| 1:23.9 | Whether a recession arrives largely depends on whether Trump backs down even further |
| 1:29.5 | in the coming weeks on the slate of tariffs affecting other nations, as our own Sudibretti |
| 1:35.6 | writes for Politico magazine. And then, of course, there's political reality. As the tariffs |
| 1:41.5 | continue to reshape the economy, they're also reshaping the outlook for our |
| 1:44.8 | elections. And as the threat of a recession looms, Democrats see a tantalizing political opportunity to take on |
... |
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