It's Trump Tariff Day

The Situation Room with Wolf Blitzer

CNN

News

3.6 • 857 Ratings

🗓️ 1 August 2025

⏱️ 84 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump's tariff plan, which is scheduled to go into effect today: What they it mean for the US economy and for you. Also, US envoy to the Middle East Steve Witkoff and US Ambassador to Israel Mike Huckabee head to a food distribution area in Gaza as a starvation crisis grips the enclave. Palestinians react with hope, skepticism and anger. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Why do your socials look so good?
0:03.0	Mine are basic.
0:05.0	I use Adobe Express.
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0:26.8	Happening now, breaking news, a lackluster jobs report,
0:30.0	and President Trump's unprecedented tariff plan,
0:33.7	what they could mean for the U.S. economy, and for you.
0:39.3	Also, the visit to a controversial Gaza's aid site, the U.S. envoy to the Middle East Steve Whitkoff, and the U.S. Ambassador Israel, Mike Huckabee, head to a food distribution
0:44.8	area as a starvation crisis grips the enclave. Palestinians react with hope, skepticism,
0:51.3	and anger. Welcome to our viewers here in the United States and around the world.
0:57.0	I'm Wolf Blitzer. Pamela Brown is off today.
0:59.0	You're in the Situation Room.
1:01.0	This is CNN Breaking News. And we begin this hour with the breaking news.
1:13.6	Stocks are sinking sharply right now.
1:16.6	The Dow is down.
1:17.6	Take a look at this.
1:18.6	The Dow is down right now.
1:20.6	A lot of points, 1.65 percent.
1:25.6	The Dow Jones is down 729 points right now. That's a big number. This morning's
1:30.3	lackluster jobs report and President Trump's new tariff policy clearly having a major impact.
	...

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