From Washington: Tariffs and The Trump Economic Agenda

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 30 November 2024

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On day one of his second term, President-elect Donald Trump promises to impose heavy tariffs on Canada and Mexico and increase tariffs on China as part of a pressure campaign to end the flow of illegal immigration and drugs crossing America’s northern and southern borders. However, those countries are the top suppliers of total imports in the United States, and economists warn the tariffs could spike consumer prices. FOX Business correspondent Edward Lawrence joins to break down the President-elect's plan and the economic transition. In what became the largest prisoner swap with Russia since the end of the Cold War, Wall Street Journal reporter Evan Gershkovich and Marine veteran Paul Whelan were released from Russian prisons on August 1st of this year. Jared Halpern reflects on his conversation with former CIA Chief of Station and FOX News Contributor Dan Hoffman to discuss the historic prisoner swap and its significance for U.S. diplomacy. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Shopify.
0:03.0	Looking to start a side hustle or become your own boss, do it with Shopify.
0:06.9	Whether you're selling succulents or stilettos,
0:09.3	Shopify has the industry leading tools to help you create, control and grow your own business.
0:13.9	So get serious about selling and get Shopify today.
0:16.9	Sign up for a £1 per month trial period at Shopify.com.com slash special offer or lowercase.
0:23.1	That's Shopify.com.com slash special offer.
0:30.1	Saturday, November 30th, 2024. I'm Jared Halper. President-elect Trump drops a tariff threat on major U.S. trading partners.
0:40.3	The smart retailers save special deals for Black Friday.
0:45.3	But, you know, it isn't like it used to be where you had to get up at 4 o'clock in the morning and rush to the stores.
0:50.3	A look back at a historic prisoner swap and if it could help thaw relations with Russia.
0:55.8	It's a pretty extraordinary accomplishment indeed.
0:58.8	Just getting Germany on board, you know, the German government was reportedly okay with making a deal in order to secure the release of Navalny.
1:08.7	But after he was murdered, that made it far more difficult and took some real convincing.
1:14.8	This is the Fox News rundown from Washington.
1:26.4	Canada and Mexico are on notice. President-elect Trump this week promised to impose big tariffs
1:32.8	on imports from both countries on day one of his administration. Chinese products would also
1:39.2	see increased tariffs. The U.S. relies heavily on all three countries, according to the U.S. trade representative.
1:46.0	China is the top supplier of total imports followed by Mexico in Canada.
1:51.4	President-elect Trump, in a truth social post, said he'd imposed 25% tariffs on all goods from Canada and Mexico
1:59.3	is part of a pressure campaign to end the flow of illegal
2:02.7	immigration and drugs across the two borders. He also says he'll increase existing tariffs on
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from FOX News Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of FOX News Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.