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On Point with Meghna Chakrabarti

How the bond market could check Trump's power

On Point with Meghna Chakrabarti

WBUR

Talk Show, News, On Point, Daily, Npr

4.33.9K Ratings

🗓️ 4 March 2025

⏱️ 51 minutes

🧾️ Download transcript

Summary

Bond traders are worried about President Donald Trump’s proposed tax cuts – and the ever-growing national debt. Could the bond market be a check on Trump’s agenda?

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Transcript

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0:00.0

Support for this podcast comes from All About Change, a podcast with firsthand stories from

0:05.9

activists who are changing the world, like Coda actor Troy Kotzer, V. Aaron Brockovich, and

0:12.0

disability activist Shane Burkaw. Listen to stories that give us all hope on All About Change,

0:18.5

wherever you get your podcasts.

0:23.9

Support for this podcast comes from Is Business Broken,

0:27.0

a podcast from BU's Mayrotra Institute that explores questions like,

0:29.1

Why are executives paid so much?

0:31.8

Do they deserve it?

0:33.0

Listen wherever you get your podcasts.

0:37.1

WBUR Podcasts, Boston.

0:44.8

This is On Point. I'm Magnetachyubardi.

0:47.7

Well, it happened.

0:49.9

President Donald Trump made good on what he said is his, quote, favorite word, the, quote, most beautiful word in the world to him.

0:59.3

Tariffs. Donald Trump's 25% tariff on imports from Mexico and Canada went into effect today.

1:07.2

Tariffs on imports from China are now 20%.

1:10.2

All three countries have struck back with their own tariffs on U.S. goods.

1:16.0

Commerce Secretary Howard Lutnik scoffed on CNBC this morning.

1:20.3

You've got China's got huge tariffs on us, huge tariffs on everything with us.

1:26.2

And Canada, you just talked about, why do we produce cars in Canada?

1:30.6

They've had an invitation.

1:32.6

Canada and Mexico had an invitation to trade with the amazing economy of the United States of America,

1:39.2

and they have abused that invitation.

...

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