5 • 3.8K Ratings
🗓️ 6 April 2025
⏱️ 10 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | April 4th, 2025. |
0:09.4 | The stock market route continued today. |
0:12.9 | As expected, China announced retaliatory tariffs in response to those President Donald Trump announced on Wednesday. |
0:22.2 | Chinese leaders say they will impose a 34% tariff on all U.S. goods imported into China next Thursday. Apparently, Trump did not |
0:30.5 | think China would respond to his tariffs and tried to sound as if he was still in control of the |
0:35.5 | situation. Trump is spending a long weekend in |
0:39.4 | Florida, where he is attending the live golf tournament at his Doral Club. But at 825 this morning, |
0:46.4 | he reposted on his social media channel a video in which the narrator claimed that Trump is |
0:52.6 | crashing the markets on purpose. |
0:55.2 | The video claimed that legendary investor Warren Buffett |
0:58.9 | just said Trump is making the best economic moves he's seen in over 50 years. |
1:05.6 | It went on to explain how the secret game he's playing could make you rich. Buffett's conglomerate Berkshire |
1:13.4 | Hathaway quickly denied Buffett had said any such thing as the video claimed. All such reports |
1:20.3 | are false, it said. In March, Buffett called tariffs an act of war to some degree. |
1:28.5 | Then, about an hour before the U.S. markets opened, Trump posted on his social media |
1:33.8 | channel, China played it wrong. They panicked, the one thing they cannot afford to do. |
1:40.9 | About 20 minutes later, he posted, to the many investors coming into the United States |
1:46.5 | and investing massive amounts of money, |
1:49.3 | my policies will never change. |
1:52.1 | This is a great time to get rich, |
1:54.4 | richer than ever before. |
1:57.3 | When the markets opened, they plummeted again. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Heather Cox Richardson, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Heather Cox Richardson and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.