4.1 • 3.7K Ratings
🗓️ 9 April 2025
⏱️ 44 minutes
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0:00.0 | Tonight on 360, investors brace for impact again with huge new tariffs just hours away and higher prices soon to follow. |
0:09.4 | Also tonight, where this all leads in money, jobs, and America's role in the world, John Bolton, Professor Scott Galloway and Senator Elizabeth Warren join us. |
0:17.6 | Plus some potentially good news on Alzheimer's. A startling new study shows a possible |
0:21.6 | path to preventing cognitive decline. Things you can do starting tonight, Dr. Sanjay Gupta has the |
0:27.6 | latest. Good evening. Thanks for joining us. And starting at midnight, get ready for the price of things you |
0:32.1 | buy to go up even more. In some cases, prices may nearly double. Just four hours from now, the tariff on goods imported |
0:38.7 | from China, which Americans, not Chinese pay, will rise another 50 percent to a staggering |
0:43.8 | 104 percent. The president, as you know, said this would happen at Beijing did not roll back |
0:49.5 | its own retaliatory rate increases for the 34 percent bump Trump imposed on Chinese imports last week. |
0:56.2 | And today, when it became clear that China would not blink, the market started down. |
1:05.7 | Well, the selling began just moments after the White House announced the deadline had passed. |
1:09.4 | The Dow lost a bit less than 1%. The NASDAQ, more than 2%, the S&P 500 down a percent and a half. |
1:14.7 | Now, investors are dealing with the China News and the start also at midnight tonight of Canada's |
1:19.7 | 25 percent tariff on American-made cars, which itself is retaliation for the president's corresponding 25% levy on Canada imposed last week. |
1:28.8 | Those tariffs have already led to the shutdown of assembly lines on both sides of the border |
1:33.0 | and the idling of hundreds of jobs. |
1:35.1 | The administration, though, is pressing ahead, especially on China. |
1:39.6 | The president was asked and answered this yesterday. |
1:42.0 | He said he's not considering an extension or delay. |
1:44.9 | I spoke to him before this briefing. |
1:46.4 | That was not his mindset. |
1:47.9 | He expects that these tariffs are going to go into effect. |
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