4.4 • 15.6K Ratings
🗓️ 8 April 2025
⏱️ 56 minutes
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| 0:00.0 | The Dow was up more than 700 points while the S&B and NASDAQ futures have added more than 1% in value. |
| 0:07.9 | It comes after another volatile trading session yesterday tied to President Trump's tariffs, |
| 0:14.6 | but the president says he's not backing off his trade wars. |
| 0:19.5 | And when asked if the overall tariffs are permanent or open to |
| 0:24.5 | negotiation, a point that his advisor struggled to clarify last week, the president insisted that they |
| 0:31.8 | can both be true. Would you be open to a pause in tariffs to allow for negotiations? |
| 0:38.3 | Well, we're not looking at that. |
| 0:41.3 | We have many, many countries that are coming to negotiate deals with us, |
| 0:45.3 | and they're going to be fair deals. |
| 0:47.3 | And in certain cases, they're going to be paying substantial tariffs. |
| 0:52.3 | There'll be fair deals. There can be permanent tariffs and there |
| 0:58.7 | can also be negotiations because there are things that we need beyond tariffs. We need open borders. |
| 1:04.0 | So we're going to get fair deals and good deals with every country and if we don't, we're going |
| 1:09.6 | to have nothing to do with them. They're not going to be allowed to participate in the United States. |
| 1:14.6 | And I will say this, virtually every country wants to negotiate. |
| 1:20.6 | If I didn't do what I did over the last couple of weeks, you wouldn't have anybody wants to |
| 1:26.6 | negotiate. We would have gone to these countries. |
| 1:28.7 | You want to talk and they were, well, we don't want to talk. Now they're coming to us. |
| 1:34.0 | Well, the tariff battle with China is escalating to a whole new level this morning in a social |
| 1:39.4 | media post issued yesterday. President Trump threatened an additional 50% tariff on China if the |
| 1:47.9 | communist nation did not withdraw its 34% retaliatory tariff on U.S. goods by today. In response, |
| 1:57.3 | China said it would, quote, fight to the end and take additional countermeasures |
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