Trump: Now You Tariff… Now You Don’t

What A Day

Crooked Media

News, Daily News

4.6 • 12K Ratings

🗓️ 10 April 2025

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

When most of us woke up Wednesday morning, President Donald Trump was still very excited about the tariffs he imposed on dozens of countries that had gone into effect just after midnight eastern time. At the National Republican Congressional Committee dinner the night before, he even claimed the scheme would be ‘legendary in a positive way’ and bragged, ‘These countries are calling us up. Kissing my ass.’ But by Wednesday afternoon, Trump had blinked, announcing a 90-day pause on nearly all of the ‘reciprocal’ tariffs he unveiled last week (China was the exception; he boosted tariffs to 125 percent after Beijing retaliated with it’s own reciprocal tariffs). Alex Jacquez, chief of policy and advocacy at the progressive think tank Groundwork Collaborative and a member of former President Biden’s White House National Economic Council, explains why all this volatility leaves America worse off economically. And in headlines: Michigan Gov. Gretchen Whitmer made an uncomfortable guest appearance in the Oval Office, The White House said it’s freezing hundreds of millions in federal funding for Cornell and Northwestern universities, and two federal judges put limits on the Trump administration’s use of the Alien Enemies Act to deport alleged foreign gang members.

Transcript

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0:00.0	It's Thursday, April 10th. I'm Jane Koston, and this is Wedaday, the show that is contemplating learning a new skill that might prove useful over the next few weeks.
0:10.7	Like, say, bond trading.
0:18.8	On today's show, the current head of immigration and customs enforcement likens deportations to Amazon deliveries.
0:25.3	And Michigan Governor Gretchen Whitmer makes a guest appearance in the Oval Office for an executive order signing she definitely didn't want to be there for.
0:32.4	But let's start with what else?
0:34.8	Tariffs.
0:35.8	When you went to bed on Tuesday night, President Donald Trump was still
0:39.1	very excited about tariffs. Pumped. In fact, at the National Republican Congressional Committee
0:44.8	President's dinner Tuesday night, he even claimed that his tariff scheme was going to be a boon to the GOP
0:49.9	in the midterms. And I really think we're helped a lot by the tariff situation that's going on, which is a good
0:55.4	situation, not about it. It's great. It's going to be legendary. You watch, legendary in a positive
1:00.3	way, I have to say, it's going to be legendary. But on Wednesday, very high tariffs on dozens
1:06.5	of countries, including one that's only occupied by a U.S. military base, and another that's an island
1:11.6	almost entirely inhabited by penguins, stopped being such a good idea, I guess. Because the White
1:17.4	House backed down. And that's not just me saying that. Here's Fox News contributor Charlie Gasperino.
1:24.0	I mean, let's be clear what happened. You know, who capitulated here and why?
1:29.6	And, you know, I don't want to say this because I'm a patriot.
1:34.3	I'm an American.
1:35.5	But it is the White House who capitulated based on everything I hear and all my sources.
1:41.3	In a true social post, because, of course, Trump said that he would pause most
1:45.8	tariffs for roughly 75 countries for 90 days, except for China. Trump raised tariffs on Chinese
1:51.2	exports to 125% after the Chinese government announced new tariffs on American goods. So now we
	...

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