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The Clay Travis and Buck Sexton Show

Hour 3 - A Great Time to Buy

The Clay Travis and Buck Sexton Show

iHeartPodcasts

Politics, News, Society & Culture, News Commentary, Daily News

4.511.4K Ratings

🗓️ 9 April 2025

⏱️ 37 minutes

🧾️ Download transcript

Summary

In hour 3 of the Clay Travis and Buck Sexton show, the hosts delve into the latest developments in the stock market, which has seen a significant surge following President Trump's announcement of a 90-day pause on tariffs for most countries, while increasing tariffs on China to 125%. They discuss the strategic implications of this move, emphasizing how it isolates China and strengthens the U.S. position in global trade negotiations. The hosts highlight the positive market reaction, with major indices like the S&P 500, Dow, and Nasdaq experiencing substantial gains. Biggest stock market rise in a day in nearly 20 years. 

The conversation includes insights from Treasury Secretary Scott Bessant and White House spokesperson Caroline Levitt, who explain the rationale behind the tariff adjustments and the broader strategy to encourage fair trade practices. The hosts also revisit their interview with economist Dr. Art Laffer, discussing his views on free trade and the economic impact of tariffs. Dr. Laffer advocates for zero tariffs globally, emphasizing the benefits of free trade and foreign investment in the U.S. economy.

Additionally, Clay and Buck address the complexities of the U.S.-China trade relationship, including issues of intellectual property theft and national security concerns. They explore the broader geopolitical implications, such as China's demographic challenges and potential aggression towards Taiwan. The hosts engage with callers, discussing various aspects of the trade wars and the economic strategies at play.

Towards the end of the hour, Buck Sexton shares personal updates about his impending fatherhood, receiving advice and well-wishes from listeners. The segment concludes with a heartfelt discussion about the joys and challenges of becoming a parent, marking a significant moment in Buck's life.

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back in Clay Travis Buck Sexton's show.

0:04.0

Appreciate all of you hanging out with us.

0:08.2

I hope you bought the dip because if you did, the stock market is soaring.

0:16.9

S&P 500, up 8% right now, Buck. I've never seen anything like it, nearly 400 points.

0:25.4

The Dow is up 2,500 points. Nasdaq up 1,500 points. As I mentioned earlier, basically stocks are

0:37.3

priced where they were in September.

0:40.7

I hope a lot of you did not buy into the frenzy, the left wing panic.

0:46.7

I hope that you bought the dip.

0:48.9

And if you did, you have been handsomely rewarded already.

0:55.2

I think it's worth noting that Donald Trump on Truth Social did put out yesterday.

1:04.5

Now was a good time to buy.

1:07.5

So, you know, he's trying to help.

1:11.5

He's trying to help.

1:12.4

Yes, I'm sorry.

1:13.3

It was, no, it was four hours ago.

1:15.8

Not last night.

1:16.8

Four hours ago, Trump, in all caps, this is a great time to buy.

1:22.3

And yes, he was telling you the truth.

1:26.7

All right.

1:31.4

So let's give you the latest news. And then we're going to talk about the Art Laffer interview and the larger tariff battle. So tariffs on China

1:37.5

are now going to 125%. And what I will tell you is if you go back and listen to the first hour, if you go back and listen to yesterday, we really kind of zeroed in on the issue at play here.

1:53.3

Zero tariffs is actually a really good idea for Europe, for Japan, for Australia, for South Korea, for countries that are fairly

...

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