Capehart and Ponnuru on whiplash from Trump’s trade war and the transatlantic alliance
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 7 March 2025
⏱️ 11 minutes
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| 0:00.0 | President Trump's trade war is in the spotlight this week, with the back and forth causing tension for global markets. |
| 0:07.2 | On that and more of the week's news, we turn now to the analysis of Kephart and Pannuru. |
| 0:12.0 | That's Jonathan Kepart, Associate Editor for the Washington Post, and Ramesh Pannuru, editor for the National Review. |
| 0:17.7 | David Brooks is away this evening. It's good to see you, gentlemen. |
| 0:20.6 | Thank you. for the National Review. David Brooks is away this evening. It's good to see you, gentlemen. |
| 0:20.9 | Thank you. |
| 0:21.4 | So from the indiscriminate firings of federal workers |
| 0:24.4 | to the now on again, off again tariff plan, |
| 0:26.7 | confusion has been a real feature of this second Trump term. |
| 0:30.3 | Jonathan, let's talk about the tariffs first, |
| 0:32.1 | because that has been the story of the week. |
| 0:34.4 | What stands out to you about the degree |
| 0:36.6 | to which the tariff reversals and delays |
| 0:38.9 | have really injected chaos into the economy and the financial markets? |
| 0:42.7 | Well, that's what I was going to point out. This on again, off again, yes, no, pause, |
| 0:47.2 | nowhere ago, no, we're not. I don't cover business, but I've been following business for a long time, and I've long heard |
| 0:56.0 | that business loves certainty. And what the president has done since his inauguration, |
| 1:02.7 | and definitely this week, is inject an amount of uncertainty into the economy, into business, |
| 1:10.2 | that we've seen wild gyrations of the stock market. |
| 1:13.4 | And, you know, one of the reasons I think the president backed away a couple of times from these |
| 1:18.4 | tariffs is the market was tanking. And even though he said in the Oval Office, I'm not paying |
| 1:22.5 | attention to the markets, we've been covering him long enough to know that he absolutely |
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