4.3 • 13.3K Ratings
🗓️ 8 April 2025
⏱️ 5 minutes
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0:00.0 | This message comes from MintMobile. |
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0:16.7 | Live from NPR News in Washington, I'm Jack Spear. |
0:21.4 | Despite announcements, the Trump administration is ready to talk tariffs, mixed messages continue to royal the financial markets. |
0:28.7 | Here's NPR's more Eliasson. |
0:30.0 | According to White House Press Secretary Caroline Levitt, the president has directed his trade team to create tailor-made deals for each country. |
0:39.0 | It's still not clear what Trump's goal is to eliminate trade imbalances in goods but not services with every country in the |
0:44.9 | world, or to use the big tariffs to bring in what he says will be trillions of dollars of revenue. |
0:50.4 | Levitt says 70 countries have reached out to the White House since Trump announced the tariffs. |
0:54.9 | The Israeli Prime Minister has already been to the White House, and next week, the leaders of El Salvador and Italy will come. |
1:00.7 | Financial markets all over the world have reacted negatively to Trump's tariffs, but they've rebounded a bit when the White House messaging started focusing more on negotiating deals. |
1:10.5 | Mara Liason, NPR News. |
1:12.5 | Though the Dow fell 320 points today, Wall Street's so-called fear gauge, which has rarely been at the |
1:18.8 | levels it is right now, what's known as the VIX, which the Chicago Board Options exchanges |
1:23.6 | constructed to measure volatility, is usually somewhere around 20. There's been only two |
1:28.7 | periods in history where the index is closed consistently above 50 during the 2008 financial |
1:33.7 | crisis and early in the pandemic. Today, amid all the gyrations in the markets, the VIX was up |
1:38.6 | nearly 13 percent to just under 53. House Speaker Mike Johnson is going ahead with a plan to have the chamber vote on the Senate budget resolution Wednesday, despite not having the votes to pass it, compares Barbara Sprunt reports. |
1:51.2 | The Senate has passed a budget framework, a key step in unlocking much of President Trump's agenda. But to move forward, the House also has to pass it. And members say they don't think it currently has the |
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