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The Clay Travis and Buck Sexton Show

Normally Podcast: Navigating the Trade War: Tariffs and Tensions

The Clay Travis and Buck Sexton Show

iHeartPodcasts

Politics, News, Society & Culture, News Commentary, Daily News

4.511.4K Ratings

🗓️ 10 April 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

In this episode, Mary Katharine Ham and Karol Markowicz discuss the latest developments in the trade war, focusing on tariffs and their implications for the U.S. economy.

Transcript

Click on a timestamp to play from that location

0:00.0

Well, hey guys. We are back on normally the show with normalish takes for when the news gets weird. I am Mary Catherine Ham. I'm Carol Markowitz. I keep waiting for the news not to be weird, but it's just weird every day, Mary Catherine. It's weird every day. The upside of the tagline. And I'm having a weird week because I'm working without

0:21.6

a net. I have no child care. So we're recording during nap time and we're crossing our fingers.

0:27.1

But I think we can do it, Carol. It's going to be a fast one. Let's do it.

0:31.5

Oh, my goodness. Well, there's news in the trade war on the tariff front. And that is that Donald Trump announced via truth social network that he is pausing for 90 days

0:46.8

tariffs on everyone else, the reciprocal tariffs, not the baseline 10%, which will still exist.

0:52.3

All right.

0:53.4

Pausing the extra ones for 90 days except for on China.

0:58.1

Here's the truth.

0:59.4

Based on the lack of respect that China has shown to the world's markets,

1:02.3

I am hereby raising the tariff charged to China by the United States of America to 125% effective immediately.

1:08.8

At some point, hopefully in the near future, China will realize that the days of ripping off the USA and other countries is no longer sustainable or acceptable.

1:16.9

Conversely, and based on the fact that more than 75 countries have called representatives of the United States, including the Departments of Commerce, Treasury, and the U.S. Trade Representative's Office to negotiate a solution

1:27.9

to the subjects being discussed relative to trade, trade barriers, tariffs, currency manipulation

1:32.7

of non-monetary tariffs, and that these countries have not, at my strong suggestion, retaliated

1:37.6

in any way, shape, or form against the United States, I have authorized a 90-day pause

1:41.6

and substantially lowered reciprocal tariff during this period

1:44.3

of 10% also effective immediately. Thank you for your attention to this matter.

1:50.1

Everyone's like glued to their television screen.

1:54.1

I mean, he, he has a way.

1:57.5

He really does. He really does. Yeah.

2:00.2

So the markets responded well to this idea of a pause,

2:04.6

as they did to the fake news about a pause a couple of days ago. That should show the president

...

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