Trump Escalates China Trade War, Fox News Ignores Market Slide | Mallory McMorrow
The Daily Show: Ears Edition
iHeartPodcasts and Paramount Podcasts
4.4 • 13.5K Ratings
🗓️ 9 April 2025
⏱️ 33 minutes
🧾️ Download transcript
Summary
Desi Lydic covers the ongoing economic crisis from Trump's trade war, which has created tension between Trump's two favorite goons, Peter Navarro and Elon Musk. Meanwhile, Fox News's journalistic integrity is front-and-center with their top story: "Look over there!" Plus, Michael Kosta reports on how the tariff pile-on with China could have American manufacturers like his grandfather screwed.
In the latest edition of Everything is Stupid, Ronny Chieng reveals the perverted trend ruining art history across the globe: fondling the breasts of female statues to find love, luck, and second base.
Michigan state Sen. Mallory McMorrow talks to Desi Lydic about her book “Hate Won’t Win,” which originated from her viral speech after being slandered by a political rival, and her desire to inspire others to find their own voices and to combat the feeling of political overwhelm by getting active in their communities. She also discusses her campaign for U.S. Senate and upgrading the Democratic message with her vision for a new American dream that centers on “success, safety, and sanity.”
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | You're listening to Comedy Central. |
| 0:06.4 | From the most trusted journalists at Comedy Central, |
| 0:10.0 | it's America's only sorts for news. |
| 0:13.0 | This is The Daily Show with your host, Desi Lydick. |
| 0:38.0 | Welcome to the daily show. I'm Desi Lytic. We've got so much to talk about tonight. |
| 0:40.6 | America imports a beef with China. |
| 0:42.9 | People are getting frisky with statues. |
| 0:46.3 | And Fox News sees the stock market and goes, hey, look over there. |
| 0:51.0 | So let's kick things off with another installment of trade wars. |
| 1:01.5 | My favorite word. My favorite word, tariff. It's been one week since Donald Trump announced his bold vision for destroying the economy, |
| 1:06.4 | and guess what? |
| 1:07.5 | His plan is working. |
| 1:09.6 | After another chaotic day on Wall Street, America's CEOs are sounding the alarm. |
| 1:14.6 | Most CEOs I talk to would say we are probably in a recession right now. |
| 1:20.6 | A new CNBC survey showing those concerns are widespread, with 69% of CEOs expecting a recession and 82% expecting resurgent inflation. |
| 1:31.4 | This is a snapshot of the Dow since President Trump's inauguration after dropping more than 15% |
| 1:37.0 | since its record high, putting it into correction territory. |
| 1:41.3 | I'm not an economist, but it's probably a bad sign when the chart itself looks like it jumped |
| 1:46.6 | off the roof. Look at that drop. Six Flags is going to make a roller coaster of that. Mom, I want to |
| 1:55.2 | ride the Dow Jones. We can't afford it. So the economy is incredibly unstable right now. |
| 2:03.3 | The only upside is that this crash is much easier to understand than the 2008 one. |
| 2:08.4 | Remember the big short where they had to have Margot Robbie explain it in a bathtub? |
... |
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