Is Trump driving America into a recession?

The News Agents

Global

Daily News, News, Government, Politics

4.2 • 4.3K Ratings

🗓️ 11 March 2025

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

There is growing uncertainty in the American economy as stocks fall, and Donald Trump refuses to rule out a recession. He's even said he will double metal tariffs against Canada and threatened to impose levies on its car industry.

As the trade war heats up and Americans watch their market falter, will Donald Trump change his strategy? And how will the rest of the world respond?

Editor: Tom Hughes

Executive Producer: Louis Degenhardt

Producer: Natalie Indge

Digital Editor: Michaela Walters

Social Media Editor: Georgia Foxwell

Video Production: Rory Symon, Shane Fennelly & Arvind Badewal

Digital Journalist: Michael Baggs

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Transcript

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0:00.0	The Newsagents podcast is brought to you by HSBC UK commercial banking, opening up a world of opportunity.
0:09.0	This is a global player original podcast.
0:12.4	If Harris wins this election, you will quickly have a Kamala economic crash.
0:17.7	You're going to have a crash.
0:18.7	If we lose, you're going to have a crash like you wouldn't believe. Did you see that? There's stock market. There's stock market crash. You're going to have a crash. If we lose, you're going to have a crash like you wouldn't believe.
0:21.6	Did you see that? There's stock market. There's stock market crashed when we want.
0:26.6	Many people say that the only reason the stock market is up is because people think I am going to win.
0:33.6	And we are a nation whose stock markets continue success is totally contingent on MAGA winning the next election.
0:42.5	If we don't win the next election, the stock market will crash just like it did in 1929.
0:50.6	Well, it isn't 1929 and it hasn't crashed.
0:59.0	But boy, Donald Trump will not like the look of the markets this week. He cares so much about what they're saying because he thinks it's a personal reflection of him.
1:05.0	And the laws of economics are a little bit like the laws of gravity.
1:09.0	You can't make them up. The Dow Jones, the
1:12.1	NASDAQ, the S&P 500 are all pointing south. And people will be waking up across America this morning
1:19.4	and looking at their pension pots, their 401k as they call it, and see that it's worth an awful lot less money than it was when Donald
1:30.7	Trump won the election.
1:33.1	But is Donald Trump going to change course?
1:35.7	For the moment, it seems no, he's not.
1:39.8	Welcome to the news agents.
1:45.3	The Newsagents.
1:46.8	It's John.
1:47.4	It's Emily.
	...

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