3.8 • 3.7K Ratings
🗓️ 9 April 2025
⏱️ 41 minutes
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0:00.0 | Welcome to meet the press now. I'm Kristen Welker on a day of total whiplash in Washington and on Wall Street after President Trump's stunning backtrack announcing a 90-day reduction in tariffs for countries that are negotiating |
0:21.9 | with the administration, despite just two days ago publicly vowing that such a pause would not |
0:26.9 | happen. Stocks soared on the news with their biggest one-day rally since 2008. The Dow rose |
0:33.1 | roughly 3,000 points in 8% gain. The S&P and NASDAQ also racked up huge gains. |
0:40.1 | This is a time lapse of the day. You can see the moment the president made the announcement |
0:44.2 | via his truth social account just after 1.15 p.m. surges, still markets are lower than they |
0:51.2 | were before Trump made the tariff announcement last week, what he dubbed |
0:54.8 | Liberation Day. At the same time, as the president announced the rollback for many nations, |
1:00.0 | he also announced a stunning 125 percent tariff on all Chinese imports in response to Beijing's |
1:06.9 | retaliation and defiance. Shortly after announcing his rollback, President Trump acknowledged his initial announcement |
1:13.6 | caused some economic anxiety. |
1:16.6 | People were jumping a little bit out of line. |
1:20.6 | They were getting yippy, you know? |
1:22.6 | They were getting a little bit yippy, a little bit afraid, unlike these champions, because |
1:28.4 | we have a big job to do. |
1:29.7 | No other president would have done what I did. |
1:31.6 | No other president. |
1:32.6 | The bond market right now is beautiful. |
1:35.3 | But yeah, I saw last night where people were getting a little queasy. |
1:38.6 | You have to have flexibility. |
1:41.3 | I could say, here's a wall, and I'm going to go through that wall, I'm going to go through it, no matter what, keep going and you can't go through the wall. |
1:49.0 | Sometimes you have to be able to go under the wall, around the wall, or over the wall. |
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