3.8 • 3.7K Ratings
🗓️ 8 April 2025
⏱️ 50 minutes
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0:00.0 | Welcome to Meet the Press now. I'm Ryan Nobles. After another wild day on Wall Street, with less than eight hours to go until the largest U.S. tariffs in 100-plus years take effect, with no clear exit strategy or endgame from the White House. |
0:34.3 | Now, stocks open the day with a big rally, fueled by hope that the worst of the |
0:39.1 | tariffs could be avoided with the president's openness to negotiations. But that optimism faded, |
0:45.0 | and stocks tumbled into the red with the Dow falling for the fourth straight day down roughly |
0:51.1 | 300 points. After the White House confirmed that tariffs on Chinese imports |
0:55.6 | would in fact skyrocket to 104 percent starting at midnight, and with Beijing saying it |
1:01.7 | will, quote, fight to the end. At the White House today, press secretary Caroline Levin, |
1:06.6 | also confirming that every single one of those sweeping new tariffs on virtually every U.S. |
1:12.1 | trading partner will go into effect tonight and that the president's trade team was ready to |
1:16.9 | begin talks. |
1:18.6 | The president met with his trade team this morning, and he directed them to have tailor-made |
1:24.5 | trade deals with each and every country that calls up this administration |
1:28.5 | to strike a deal and listen. And each and every one of these trade deals should be tailored |
1:33.7 | and unique based on that country's markets, based on that country's exports, the imports |
1:38.7 | here in the United States of America. What makes the most sense for the American worker and for |
1:43.7 | our industry? |
1:45.5 | Now, this all comes as the president's top representative on trade, Jameson Greer, testified |
1:51.0 | before Congress today, offering little clarity about a timeline for the talks. |
1:56.8 | Our large and persistent trade deficit has been over 30 years in the making, and it will not be resolved overnight, but all of this is in the right direction. |
2:04.0 | So the president has indicated that he's willing to negotiate with parties that want to pursue reciprocal trade with the United States. |
2:11.4 | We don't have any particular timeline set on that, because as you pointed out, Senator, the outcome is more important than setting something |
2:18.1 | artificially for us. Senator, the president has been clear with me and with others that he does not |
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