The Rich Zeoli Show- Full Show (04/03/2025): 3:05pm- On Wednesday, President Donald Trump announced “Liberation Day”—explaining that for decades the United States economy has been punished by onerous tariffs placed on American-made goods being exported internationally. Trump signed an executive order placing “reciprocal tariffs” on imported goods. The policy will take effect at midnight on April 5th. The reciprocal tariffs will be half of what trading partners are currently charging the U.S. A 10% universal baseline tariff will be applied to all countries considered to be acting in bad faith. Will the Trump Administration remove tariffs on countries that remove tariffs on American-made goods? Trump stated: “To all foreign presidents, prime ministers, kings, queens, ambassadors, and everyone else who will soon be calling to ask for exemptions to these tariffs, I say—terminate your own tariffs, drop your barriers, don't manipulate your currencies…and start buying tens of billions of dollars of American goods.” 3:15pm- In response to the Trump Administration’s reciprocal tariff announcement, the S&P 500 fell 4.6%—with American companies Nvidia and Apple shedding a combined $470 billion in market value. However, the Trump Administration remains optimistic—with General Motors, for example, announcing an increase in domestic manufacturing. 3:30pm- David Gelman—Criminal Defense Attorney, Former Prosecutor, & a Surrogate for Donald Trump’s Legal Team—joins The Rich Zeoli Show to discuss his latest editorial for The Hill, “Judges, stay in your lane and stay out of politics.” You can read the full article here: https://thehill.com/opinion/judiciary/5220817-federal-judges-political-influence/. 3:50pm- While appearing on Fox News, in response to the Trump Administration’s tariffs to protect American manufacturing, Ford Chief Policy Officer Steve Croley announced that the automotive company will extend “employee pricing” to all customers through June 2nd. 4:05pm- While defending the Trump Administration’s tariff policy, Treasury Secretary Scott Bessent mentioned that Alexander Hamilton once used tariffs to raise revenue and protect domestic industries. Rich thinks the comparison to Hamilton is a bit far-reaching—however, people claiming tariffs will lead to a modern “Great Depression” are also mistaken. Don’t expect these tariffs to be around long enough to create economic devastation—they’re a negotiating tactic. 4:30pm- Amie Parnes—Senior Political Correspondent at The Hill & New York Times Best Selling Author—joins The Rich Zeoli Show to discuss her newly released book, “Fight: Inside the Wildest Battle for the White House.” In the book, Parnes documents how aides to Kamala Harris were plotting behind the scenes to replace Joe Biden as the 2024 Democrat candidate even before he withdrew. Parnes notes that people close to Biden knew he had lost a step, but they didn’t believe his disastrous June debate with Donald Trump would go as poorly as it ultimately did. Plus, Parnes reports Barack Obama and Nancy Pelosi were advocating for a strategy to bypass Harris as the nominee—while Harris’s proponents half-jokingly suggested, “at least she has a pulse.” Harris’s team even had judges ready to swear her into office in the event President Biden died or resigned. And how did Harris ultimately decide to select Tim Walz as her running mate over Josh Shapiro? 5:00pm- Speaking with reporters aboard Air Force One, President Donald Trump downplayed fears of potential economic repercussions for his “reciprocal tariffs” on foreign nations. He noted that there are no tariffs on companies who choose to build their products in the United States. President Trump also discussed potentially extending TikTok’s reprieve from a nationwide ban—and whether China may allow for the sale of the social media application in exchange for tariff relief. 5:40pm- Paula Scanlan—Former Swimmer for the University of Pennsylvania & Advocate for Women’s Sports— ...