After starting the week with another nosedive, the stock market rebounded as President Trump

softened his approach to both tariffs and the Federal Reserve.

The shift has some economists elevating their forecasts for the year, while others remain skeptical

of the America First policies.

In this episode, we take the pulse of the economy as the Trump administration

works to revitalize industry and stave off a potential downturn amid trade and stock turbulence.

I'm Daily Wire editor-in-chief John Bickley with Georgia Howe. It's Sunday, April 27th,

and this is a weekend edition of Morning Wire.

A portion of this interview was aired earlier this week.

Joining us now to discuss the latest on the market and how trade deals and the Fed factor in as economist E.J. Antony of the Heritage Foundation. E.J., thank you so much for joining us.

Oh, my pleasure. Thank you for having me. Look, we've seen a clear de-escalation from the Trump administration in recent days.

There's been a lot of public negotiating going on from Trump and his team, including some mixed

messaging over the last few weeks. First, what are you seeing right now with Trump trade policies?

Well, a couple of things. One is, I think, a resolution to a lot of that mixed

messaging that you mentioned, right? I mean, it was, frankly, chaos to start, where you had not

only different members of the administration contradicting each other, but sometimes in the

context of a single interview, you would have individuals contradicting themselves. A lot of that is

getting resolved, not all of it, but a lot of it. So that's really good. It's a very welcome

development to have Trump and Bessent really taking the lead in terms of negotiations. So

less so Greer, Navarro, Lutnik. In terms of the de-escalation, I think what we're looking for

there is essentially agreements one by one just getting hammered out and eventually signed.

It looks like trade deals reducing tariff and non-tariff barriers, which is very, very important,

...