Team 47 - Liberation Day
The Clay Travis and Buck Sexton Show
iHeartPodcasts
4.5 • 11.4K Ratings
🗓️ 6 April 2025
⏱️ 29 minutes
🧾️ Download transcript
Summary
It was Liberation Day for the Trump administration as they announced sweeping tariffs to address the trade deficit and unfair trade practices by imposing a 10% tariff on all countries, with additional tariffs on those with the most significant trade deficits with the U.S. Clay and Buck go over the ramifications of this move and why it’s just the start of a new era in America.
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Transcript
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| 0:00.0 | Something unexpected happened after Jeremy Scott confessed to killing Michelle Schofield in Bone Valley Season 1. |
| 0:09.1 | Every time I hear about my dad is, oh, he's a killer. He's just straight evil. |
| 0:13.7 | I was becoming the bridge between Jeremy Scott and the son he'd never known. |
| 0:18.5 | At the end of the day, I'm literally a son of a killer. |
| 0:21.2 | Listen to new episodes of Bone Valley Season 2, starting April 9th on the I Heart Radio app, |
| 0:26.6 | Apple Podcasts, or wherever you get your podcasts. |
| 0:30.1 | The Team 47 podcast is sponsored by Good Ranchers, making the American farm strong again. |
| 0:43.0 | Team 47 with clay and buck starts now that is liberation day and that refers to the tariffs now there's a whole bunch of tariffs |
| 0:50.5 | white house has put out a lot of information about this. There's a whole bunch of |
| 0:55.0 | tariffs that are taking effect. Here's what we know. President Trump, this is from the White |
| 1:00.6 | House, President Trump invoking his authority under the International Emergency Economic Powers Act |
| 1:07.3 | of 1977 to address the emergency posed by the large and persistent trade deficit |
| 1:14.1 | that is driven by the absence of reciprocity in our trade relationships and other |
| 1:19.3 | harmful policies like currency manipulation and exorbitant value added taxes that tax perpetuated |
| 1:26.8 | by other countries. |
| 1:28.7 | Under this IEPA authority, President Trump will impose a 10% tariff on all countries, |
| 1:34.7 | going into effect April 5th. |
| 1:37.2 | And then President Trump will impose an additional reciprocal tariff on countries with |
| 1:41.6 | which the United States has the largest trade deficits. |
| 1:44.6 | All other countries will continue to be subject to the original 10%. |
| 1:47.7 | That will take effect April 9th. |
| 1:50.7 | And now there's more specificity about this and it goes into U.S.-Mexico-Canada agreement, |
... |
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