Tariff Truce with China?

Start Here

ABC News

Politics, Daily News, News

4.6 • 6.1K Ratings

🗓️ 24 April 2025

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Stocks rally as President Trump suggests a potential trade deal with China. The White House puts a diplomatic ultimatum to Ukraine. And thousands line up to see the late Pope Francis in St. Peter’s Basilica. Did you hear? Brad's hosting a new show for the true crime-obsessed called "The Crime Scene Weekly." Each week, "The Crime Scene" focuses on what everybody's talking about in true crime -- from what your favorite podcasts are covering, to what's taking over our TikTok feeds. Follow the show on Apple Podcasts, Spotify, Amazon Music, or wherever you listen. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	It's Thursday, April 24th, and the White House wants a price check.
0:04.0	We start here.
0:08.0	President Trump signals the U.S. is ready to call a trade war truce with China.
0:13.0	Could be with China, but maybe we'll make a special, you know, a deal.
0:17.0	This sent stocks shooting up, but it could be short-lived if there's no follow-up.
0:21.7	A new battle line has been drawn with Ukraine.
0:24.6	It's time for them to either say yes or for the United States to walk away from this process.
0:29.3	Why a meeting went off the rails before it even got underway, and a flock watches over
0:34.7	its shepherd.
0:35.6	You're almost crying and laughing at the same time.
0:38.2	Exactly.
0:39.2	And just overwhelmed with the emotion.
0:41.2	Catholics crowd in the St. Peter's to say goodbye.
0:45.7	From ABC News, this is Start Here.
0:49.0	I'm Brad Milkey.
1:01.6	Just a few weeks ago, President Trump announced he was imposing dramatic tariffs on virtually every country on Earth.
1:06.0	At the time, he said we would reap economic rewards because of this bold step.
1:11.7	I know what the hell I'm doing. I know what I'm doing. And you know what I'm doing too. That's why you vote for me.
1:17.0	Stocks plummeted. Consumers got nervous about buying stuff. Like how much is everything about to cost?
1:25.6	Economist fretted about a full-blown recession. Well, then Trump said he was pausing the vast majority of these tariffs with one big exception.
1:32.7	Look, for years, we've been ripped off and taken advantage of by China and others, and all fairness, but by China, that's the big one.
1:35.5	The White House's tariffs on most Chinese goods currently stand around 145%.
	...

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