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The Untold Story with Martha MacCallum

The Potential Impacts Of President Trump's Economic Policies

The Untold Story with Martha MacCallum

FOX News Radio

News

4.1738 Ratings

🗓️ 28 March 2025

⏱️ 27 minutes

🧾️ Download transcript

Summary

As the first 100 days of President Trump's second term come to an end, journalist, author, director, and senior fellow at the American Enterprise Institute, Matthew Continetti, covers President Trump's economic policies. He explains why President Trump uses tariffs as helpful leverage to persuade foreign auto companies to move more of their production to the U.S.    Later, Matthew describes the ongoing negotiations between the U.S. and Russia and the potential minerals deal between the U.S. and Ukraine. He also discusses the pressure on European allies to increase their military spending and capabilities in response to the Trump administration's pressure.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:45.1

Hello everybody. Welcome to the Untold Story podcast. I'm Martha McCallum. It's great to have you with us. And there's so much happening in the world. And I just felt like who better to bring in than Matthew

0:50.8

Contenetti, who is journalist, author, director of the domestic policy studies at the

0:56.1

American Enterprise Institute, also known as the AEI, and on the commentary podcast regularly,

1:02.4

which is one of my favorite places to start my day. So, Matt, welcome. Great to have you here today.

1:08.7

Thanks for having me, Martha. So one of the things that is, I think, really interesting to dig into that I know you folks were talking about at commentary is this 25% tariff on autos and auto parts into the United States from other countries.

1:24.1

It has enormous impacts on the U.S. economy we expect. It hasn't happened yet,

1:29.2

and that might be one of the things that we want to talk about, whether or not it will happen

1:32.7

and to what extent. But give us your sort of overall take on this big announcement from

1:37.6

President Trump yesterday. Absolutely. And it was a significant announcement. But I think that

1:42.8

we should always take a step back and look at President Trump's overall economic policy.

1:49.3

Tariffs are a big part of it.

1:51.0

And why is he using tariffs?

1:52.8

Well, he believes that tariffs can accomplish a lot of tasks.

1:57.1

Depending on when you hear him, President Trump will talk about tariffs reindustrializing

...

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