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Morning Joe

Morning Joe 4/3/25

Morning Joe

NBC News

Politics, Washington, Giest, Government, Election, Issues, Nbc, Campaign, Brezinski, President, News, Congress, Scarboro

48K Ratings

🗓️ 3 April 2025

⏱️ 49 minutes

🧾️ Download transcript

Summary

Trump announces sweeping tariffs on major trade partners — some as high as 54%

Transcript

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0:00.0

My fellow Americans, this is Liberation Day, waiting for a long time.

0:08.0

April 2nd, 2025 will forever be remembered as the day American industry was reborn,

0:15.8

the day America's destiny was reclaimed, and the day that we began to make America wealthy again.

0:24.6

Gonna make it wealthy, good and wealthy.

0:27.8

For decades, our country has been looted, pillaged, raped, and plundered by nations near and far,

0:33.9

both friend and foe alike.

0:35.8

This is one of the most important days, in my opinion,

0:39.8

in American history. It's our declaration of economic independence. Tariffs have also led to

0:48.3

political decimation. When McKinley, most famously put tariffs on in 1890, they lost 50% of their seats in the next election.

0:57.3

When Hotsmoly put on new tariff in the early 1930s, we lost the House and the Senate for 60 years.

1:03.7

So they're not only bad economically, they're bad politically.

1:07.7

President Trump touting his new tariffs as a major win for America.

1:13.3

But Republican Senator Rand Paul of Kentucky says it's a really bad idea.

1:18.3

We're going to go through the president's plan and the international reaction straight ahead.

1:23.3

Plus, we'll dig into new reporting that Elon Musk might be leaving Doge after massive cuts to the federal workforce.

1:31.1

Also ahead, we'll get expert legal analysis on a key hearing over the Trump administration's deportation flights to El Salvador.

1:40.2

Good morning and welcome to morning, Joe.

1:42.6

It is Thursday, April 3rd. With us, we have the co-host of our

1:46.2

fourth hour. Jonathan Lemire, he's a contributing writer at the Atlantic, covering the White

1:51.3

House and national politics. Former Treasury official and Morning Joe Economic analyst, Steve Ratner,

1:58.0

a great day to have Steve on to get his analysis of what's happening.

2:02.7

Co-founder and CEO of Axis, Jim Vandahai, is here and CEO of the Messina Group, Jim

...

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