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What A Day

Trump's TBD Tariffs

What A Day

Crooked Media

News, Daily News

4.612K Ratings

🗓️ 1 April 2025

⏱️ 26 minutes

🧾️ Download transcript

Summary

Economists, Wall Street traders — really, anyone who has a stake in the health of the U.S. economy — are all holding their breaths right now ahead of President Donald Trump’s planned ‘Liberation Day’ Wednesday. That’s when he’s promised to put in place a slew of new tariffs on imported goods from all over the world. But the scope of Trump’s plans is still unclear, and that’s injecting a ton of uncertainty into an already uncertain economy, all while polls show voters are losing confidence in the president’s ability to bring down prices. Neil Irwin, chief economic correspondent for Axios, explains what Trump’s murky tariff plans could mean for average Americans. And in headlines: Republicans sweat over a pair of special Congressional elections in Florida today, the Trump administration said it deported more alleged gang members to El Salvador, and Attorney General Pam Bondi told the Justice Department to drop a Biden-era lawsuit against a Georgia voting law.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Tuesday, April 1st. I'm Jane Koston, and this is why today, the show that's not doing an April Fool's Day thing, because look around. Things are weird and confusing enough.

0:18.7

On today's show, Republicans sweat over a pair of special congressional elections in Florida,

0:23.8

and the Trump administration says it deported more alleged gang members to El Salvador.

0:29.1

But let's start by talking about tariffs, which is not a beautiful word.

0:33.8

You know what is a beautiful word?

0:35.5

Aurora. Big fan of the word, Aurora.

0:39.0

Anyway, tomorrow is, according to the Trump administration, Liberation Day,

0:43.7

in which President Donald Trump plans to announce tariffs on a host of other countries

0:47.2

to make America rich or something.

0:49.9

Which countries?

0:51.0

Well, um, I don't know.

0:53.4

And neither does President Trump. Here he is on Air Force

0:56.6

one Sunday. On the tariffs that you're planning, so there are, you're expecting to hit something like 10 to 15

1:03.3

countries, is that right? All of the countries. All of the countries. Is there across the board?

1:08.7

Not 10. I don't know. Who told you 10 or 15 countries?

1:11.1

Well, we heard that.

1:11.8

So I heard that you were going to aim for the end percent.

1:14.0

But you didn't hear it from me.

1:15.4

Okay.

1:15.5

So how many countries will be in that initial trunch?

1:18.7

You'd start with all countries.

1:20.7

So let's see what happens.

...

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