Business Rundown: Stocks Tumble On Trade War Fears

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 4 April 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Post-President Trump’s liberation day, his tariff plans have sparked some market panic—handing the Dow and S&P 500 their biggest one-day losses since 2020. China has responded in kind to the President's tariffs, they are applying a 34 percent tariff on all imported U.S. goods. To break down that China news and the panicked market moves, FOX Business' Gerri Willis speaks to founder and CEO of Island Capital Investments Anthony Esposito. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	This Sunday, a Derby rivalry resumes in the Premier League.
0:04.2	As Manchester United host Manchester City at Old Trafford.
0:07.7	What a game!
0:08.6	And you can stream every moment live on Sky Sports, available with no contract with Now.
0:14.8	Take a bow some.
0:16.1	Stream Manchester United versus Manchester City this Sunday from 4pm.
0:20.8	Well, it's just wonderful.
0:22.1	Head to NowTV.com.
0:24.1	18 plus Sky Sports content streamed via internet.
0:27.7	Full terms apply.
0:29.8	I'm Jerry Willis, and this is the Fox Business Rundown.
0:41.3	Friday, April 4th, 2025. Post-President Trump's Liberation Day, his tariff plans have sparked some market panic,
0:47.3	handing the Dow and S&P 500 their biggest one-day losses since 2020.
0:51.3	The world's not ending.
0:53.3	This will come and go.
0:54.5	This will reset.
0:55.5	It's a normal course of the cycle.
0:57.0	There's nothing different this time.
0:59.0	What is feeling different, I would say, is we have not had a real bare market since 2007, 2009.
1:06.0	President Trump's Liberation Day tariffs were revealed this week,
1:10.0	wide-ranging tariffs that include a 10% baseline
1:12.7	tariff for all countries, as well as reciprocal tariffs on a long list of America's trading
	...

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