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Pivot

Market Meltdown, Tariff Winners and Losers, and TikTok Deadline Delayed

Pivot

Vox Media Podcast Network

News Commentary, News, Technology, Tech News

4.37.6K Ratings

🗓️ 8 April 2025

⏱️ 62 minutes

🧾️ Download transcript

Summary

Kara and Scott discuss the markets' wild ride thanks to Trump's tariffs, China's retaliation plans, and Howard Lutnick's theory about a manufacturing resurgence coming to the United States. Then, a deeper dive into some of the tariff winners (Warren Buffett), and losers (Big Tech), and some advice for panicked investors. Plus, the TikTok deadline gets extended yet again. Follow us on Instagram and Threads at @pivotpodcastofficial. Follow us on Bluesky at @pivotpod.bsky.social. Follow us on TikTok at @pivotpodcast. Send us your questions by calling us at 855-51-PIVOT, or at nymag.com/pivot. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Megan Rapino here. This week on a Touchmore, we are talking to Nefisa Collier and Chelsea Gray about their incredible runs during unrivaled, what they're excited about for the upcoming W season, and of course, we subject them to a little bench start cut. Check out this latest episode of a Touchmore wherever you get your podcast and on YouTube.

0:23.9

Support for today's show comes from Chevrolet.

0:26.8

Whether it's just a quick jaunt or a long journey, Chevy's all-electric Equinox EV has you covered with a massive 17.7-inch diagonal touchscreen and starting at around $34,995.

0:38.8

You can hit the road and still afford snacks.

0:41.1

Equinox EV, a vehicle you know, a value to expect, and a dealer right down the street.

0:45.6

You can go EV without changing a thing.

0:48.3

Learn more at Chevy.com forward slash equinox EV.

0:51.9

The manufacturer's suggested retail price excludes tax, title, license,

0:56.7

dealer fees, and optional equipment, dealer sets final price.

1:02.4

Well, that's unfair. They'd fuck their mothers for nickel. I think that's more accurate.

1:09.3

Hi, everyone. This is Pivot from New York Magazine, the Vox Media Podcast Network. I'm Karras

1:13.7

Wisher in my new studio without books behind me, but they will have them. Here I am, Scott.

1:19.9

How do I look?

1:20.4

Oh, my God. Could you be any more? Well, you're apologizing for not having books behind you.

1:24.5

Well, I'm going to have awards. My many awards is what I'm going to have. Yeah. Do you like my new studio? It's in my house. I'm not sure I like the red share quite

1:33.6

frankly. Really? Why? Does it upset you? Does it threaten you? No, it takes me back to an era. I think

1:40.1

you've moved on. I think you've turned the page on the red chair. We'll see. I like it for now. I'm going to leave it because it upsets you. Yeah. It upsets and disturbs you. You mean it's like retro or

1:49.2

that I should, it reminds you of Walt Mossburg who I just had lunch with? No, I love Walt. I just think

1:54.0

you've moved on. I don't know. What colored chair should I have with you in the Scott era. Plaid. Um, no, I don't know. Black.

2:01.6

I'm gonna put your blanket that I stole from the Fife Arms, where, for your birthday.

2:05.6

Oh, good, that'd be nice.

2:07.6

I'll put that on.

...

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