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The Great America Show

Wednesday Mid-Day Update: March 26, 2025

The Great America Show

Fawcett Strategies

News, News Commentary, Politics

4.71.8K Ratings

🗓️ 26 March 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

John Fawcett breaks down the biggest stories of the day, including the latest developments surrounding tariffs and trade relations, the economic implications of such decisions and critiques political figures who oppose President Trump's policies, and the ongoing investigations into Trump's Cabinet group chat and calls for accountability among certain GOP lawmakers. 

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Transcript

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0:00.0

At Matalan, it's time for another exclusive deal.

0:03.9

Matalan me members get 20% off when you spend 40 pounds or more.

0:08.3

And yes, that includes the sale.

0:10.9

Is it time for a little payday treat?

0:13.1

Visit matelan.com.uk to access your discount.

0:16.8

Shop in store and online.

0:18.6

Teas and Cs apply.

0:20.0

Hello everybody.

0:20.8

I'm John Fawson with this Great America show Midday Update for Wednesday, March 26th.

0:25.3

Happy Wednesday, folks. I hope your days are all off to a great start, and your midweek is going very well.

0:31.5

Well, the tariffs, you know those tariffs that just about a month ago everyone was complaining about,

0:35.8

these brilliant economists on the left,

0:39.0

brilliant economist on the right, said President Trump was tanking the economy, even the not-so-smart

0:44.3

politicians, Democrats and Republicans, rhinos, saying that the tariffs were killing America,

0:49.5

they were killing the economy. Well, the statistics and the facts are showing otherwise, and the reciprocal trades

0:57.8

are which are set to go into effect in just about a week where a reciprocal trade tariff

1:03.2

will be placed on nations who have tariffs on us. India, we found out today, is considering a

1:09.3

$23 billion tariff cut for the United States to avoid those reciprocal tariffs.

1:16.0

Indian government sources telling Reuters this week that New Delhi is considering that $23 billion tariff reduction on U.S. imports to save off President Trump's threatened reciprocal tariffs, which would affect at least $66 billion in Indian exports if they do take effect on the country on April 2nd.

1:35.3

According to Reuters, the Indian government ran the numbers and concluded it would fare much better off by lowering its tariffs, even though it will lose a great deal of income.

1:50.2

India becoming the first nation to wake up and smell the coffee and smarten up a little bit.

1:56.1

According to their analysis, New Delhi estimated that such reciprocal tariffs would hit 87% of its total exports to the United States worth $66 billion under this potential restructure by India.

...

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