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The Rich Zeoli Show

Is Progress Being Made in Tariff Negotiations?

The Rich Zeoli Show

Audacy

News

4.9 • 1.6K Ratings

🗓️ 8 April 2025

⏱️ 183 minutes

🧾️ Download transcript

Summary

The Rich Zeoli Show- Full Episode (04/08/2025): 3:05pm- Tariff Fight: President Donald Trump responded to European Commission President Ursula von der Leyen’s offer to reduce the European Union’s tariffs to zero on cars and industrial goods imported from the United States. While the initial offer wasn’t enough to spare the EU from the Trump Administration’s tariffs, President Trump did state that if the EU commits to importing $350 billion of American energy, an agreement can be reached. Meanwhile, in a post to X, Treasury Secretary Scott Bessent announced that he has received the green light to begin trade negotiations with Japanese Prime Minister Shigeru Ishiba and his cabinet. 3:15pm- White House Infighting? DOGE chief Elon Musk referred to Trump Administration economic advisor Peter Navarro as a “moron” over his pro-tariff arguments. When asked about the feud, White House Press Secretary Karoline Leavitt dismissed the disagreement as nothing serious, explaining: “boys will be boys.” 3:30pm- According to reports, Harvard University is now offering freshmen the opportunity to enroll in a remedial math course—as many incoming students don’t have the math skills necessary to excel at the Ivy League school. 3:40pm- In a win for the Trump Administration, the Supreme Court ruled that nonprofit groups lacked standing to file a lawsuit over the firing of 16,000 public sector workers from the departments of Agriculture, Defense, Energy, Interior, Treasury, and Veterans Affairs. In another ruling, the court concluded that the administration can continue to deport Venezuelan migrants who are in the U.S. unlawfully. Both cases have been described as “technical rulings.” 4:00pm- Surrounded by energy workers, President Donald Trump signed an executive order protecting domestic energy production—specifically, coal. The order protects several coal-fired power plants that would otherwise have been shuttered. 5:05pm- Dr. Wilfred Reilly—Professor of Political Science at Kentucky State University & Author of “Lies My Liberal Teacher Told Me”—joins The Rich Zeoli Show to discuss Alexandria Ocasio Cortez flying first class while on her way to host a “Fight Oligarchy” rally in Las Vegas. Plus, several anti-Trump protesters have no idea what they’re even protesting…and can’t define fascism. And did Sen. Cory Booker accomplish anything by delivering a 25-hour speech from the Senate floor? Nope. It wasn’t even a real filibuster as he wasn’t challenging any specific piece of proposed legislation! 5:40pm- During “Hands Off” protests across the country, Trump Administration protesters expressed their disdain for the president. But the most memorable complaint was courtesy of an individual who claimed Donald Trump doesn’t want her to use the bathroom! 6:05pm- Tariff Fight: President Donald Trump responded to European Commission President Ursula von der Leyen’s offer to reduce the European Union’s tariffs to zero on cars and industrial goods imported from the United States. While the initial offer wasn’t enough to spare the EU from the Trump Administration’s tariffs, President Trump did state that if the EU commits to importing $350 billion of American energy, an agreement can be reached. Meanwhile, in a post to X, Treasury Secretary Scott Bessent announced that he has received the green light to begin trade negotiations with Japanese Prime Minister Shigeru Ishiba and his cabinet. 6:10pm- Reagan Administration economist Art Laffer expressed optimism regarding President Donald Trump’s reciprocal tariffs—determining that countries will ultimately negotiate for decreased tariffs, resulting in freer trade and with fewer restrictions on the importation of American-made goods internationally. 6:30pm- In a win for the Trump Administration, the Supreme Court ruled that nonprofit groups lacked standing to file a lawsuit over the firing of 16,000 public sector workers from the departments of Agriculture, Defense, Energy, Interior, Treasury, and ...

Transcript

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0:00.0

The Rich Zioly Show podcast is sponsored by Mike Vaneria Jr. with Osparity Private Wealth.

0:05.4

Hi, I'm Mike Vaneria Jr., wealth management specialists. Make your retirement dreams a reality by creating your retirement plan today. Call me at 856-252-0107.

0:16.0

OnX at Rich Zoli. Markets are having a good day. They're in the red now. They've been green most of the day.

0:22.0

A little Dow's down now. But we did not get the historic crash that Jim Kramer warned about last Friday.

0:29.0

And the reason for that is, I believe, the market's holding strong, even though it's down now.

0:33.6

And it may go back to green and may go back to red but we're not seeing a crash is because

0:37.7

they they believe they're optimistic that these trade deals are going to start happening and i

0:43.1

think it would be very wise of the president to start announcing some deals that they've reached some

0:49.5

deals take some wins here take some victory laps and end trade barriers and come out and start making

0:55.3

those announcements, and I think you're going to see the market rally in a big, big way. I really do.

0:59.5

Japan is up to negotiate. Japan's up to negotiate. Good. All right. Let's do this. Elon Musk wants

1:06.7

to have a tariff-free trade zone between the U.S. and the EU.

1:11.9

I'm all for that.

1:12.5

Let's do that.

1:13.4

Let's make that happen.

1:17.2

Elon and Peter Navarro are budding heads.

1:20.5

Caroline Levin was asked about that today at the White House press briefing.

1:22.4

She said, it's boys being boys.

1:25.5

But the key is you're hearing this play out.

1:30.8

This is the most transparent administration, and they're allowed to offer different opinions,

1:33.2

and then the president will ultimately make up his mind.

1:39.6

Which is also why I want to say, to those people that are just going after Rand Paul, please stop that.

...

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