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The Fox News Rundown

The Impact Of President Trump's Tariffs Will Take Time

The Fox News Rundown

FOX News Radio

Politics, Daily News, News

3.41.5K Ratings

🗓️ 7 April 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

President Trump's "Liberation Day," tariffs have been announced, and some Americans fear the results. The Trump administration is sticking to its guns, aiming to see countries come to the table and companies reset their supply chains. President Trump's Department of Government Efficiency continues its pursuit of cutting government waste while slashing money that goes towards diversity, equity, and inclusion grants. Senator Marsha Blackburn (R-TN) joins the Rundown to discuss President Trump's tariffs and his effort to address waste, fraud, and abuse in the federal government. She also relays an important message to the people of Tennessee after devastating storms impact their state.  Last week, President Trump signed an executive order aimed at combating ticket scalping in the live entertainment industry. Despite efforts from several past presidents to reform this issue, ticket scalping continues to be a significant problem. Dan Wall, the Executive Vice President of Corporate and Regulatory Affairs at Live Nation, joins to explain why his company supports the President's executive order and to debunk myths surrounding scalpers and dynamic pricing in the industry. Plus, commentary from senior policy analyst at the Competitive Enterprise Institute, Ben Lieberman.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

I'm Shannon Bream.

0:01.0

I'm Tom Shaloo.

0:02.0

I'm Maria Bartramo, and this is the Fox News Rundown.

0:08.0

Monday, April 7, 2025.

0:10.8

I'm Mike Emanuel.

0:12.5

Nerves may be a bit on edge ahead of the financial markets opening this morning.

0:17.5

Tariffs rattled investors leaving them seeing red at the end of last week.

0:23.0

A prominent senator says, give it some time.

0:26.7

Well, I would encourage people to be patient, not to react immediately.

0:32.8

Give this some time for countries to come to the table, for some companies to reset their supply chains,

0:41.6

and let's see where this gets us.

0:43.7

We're joined by Tennessee Republican Senator Marcia Blackburn.

0:48.2

I'm Chris Foster.

0:49.5

President Trump orders a crackdown on what he calls crazy ticket prices.

0:52.8

The tactics that are used to steal tickets from real fans, divert him to scalpers, and then resell

1:00.5

them at huge markups.

1:03.4

It's great that the president has found time on his agenda to push the industry on this.

1:09.2

And I'm Ben Lieberman. I've got the final word on the Fox News

1:13.4

Rundle.

1:18.0

It's a new week on Main Street and Wall Street with some jitters following the rollout of tariffs

1:23.9

against adversaries and America's allies. Oklahoma Republican Senator Mark

1:29.9

Wayne Mullen says this is a needed transition. This isn't a trade war. This is balancing

...

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