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MEDIA BUZZmeter

Trump Delays Tariffs and Declares Victory As Markets Soar

MEDIA BUZZmeter

FOX News Podcasts

News, Society & Culture, Tv & Film

4.1582 Ratings

🗓️ 10 April 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

Howie Kurtz on Trump putting a pause on tariff increases besides for China, Speaker Johnson backing off of vote on budget blueprint and SCOTUS allowing Trump firings of a pair of federal employees. Follow Howie on Twitter: @HowardKurtz For more #MediaBuzz click here Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:25.9

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0:30.5

It's the Media Buzz Meter with Howard Kurtz.

0:35.6

It's almost as though you can hear a deafening,

0:41.0

collective sigh of relief across the country and around the world

0:46.3

when in an instant,

0:49.6

President Trump, let's just say, changed his plan,

0:53.6

abandoned his plan, modified his plan,

0:56.4

and anyone who has a retirement account or otherwise is invested in the markets,

1:03.2

well, you have a little more money today than you have yesterday.

1:06.2

Now, let's be clear, the Dow, for example, still thousands of points below where it was when Donald Trump

1:16.0

took office. But by pausing the sky-high tariffs for 90 days against every country except China. It shot up, just using the Dow as an example,

1:32.9

from around 37,000 to a bit over 40,000 in percentage terms, and this includes the S&P 500

1:42.2

and other market indexes, up eight or nine percent

1:46.9

in the course of a few hours. It's called a relief rally on Wall Street. And it's not clear.

...

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