The markets continue to plummet as the Trump administration continues to try to pitch the new tariff war; Elon Musk takes on Peter Navarro in a face-off on trade philosophy; and Democrats pounce on Trump’s weekend golf tournament.
Ep.2174
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00:00 – Intro
00:27 – Stocks Plummet
2:50 – Bill Ackman Statement
5:08 – Trump, Netanyahu To Meet About Tariffs
5:48 – Vietnamese Tariffs & Off-Ramps
8:09 – Radical Uncertainty
8:32 – Trump: Hang Tough
10:11 – Trump: There Will Be Pain
14:04 – Trump: Europe Needs To Pay Us Back
15:17 – The Battle Inside The Administration
15:59 – Lutnick: The Tariffs Are Coming
17:10 – Lutnick: There Is No Postponing
19:10 – Bessent: Up To Trump If They’re Permanent
20:33 – Bessent Avoids Answering How Long We’ll Have To Hang Tough
21:51 – Hassett: He’s Not Purposefully Crashing The Market
23:01 – Hassett: No Big Effect On Consumers
23:43 – Hassett: I’d Expect Job Numbers To Go Up
24:12 – Lutnick On Penguins
27:50 – Elon Musk Responds
28:33 – Elon: I Want A Zero-Tariff Situation
29:13 – Navarro Hits Back At Musk
31:32 – Recession Risk Very Real
31:46 – JP Morgan: 60% Chance Of A Recession
33:12 – Debt Default Wave?
36:20 – Powell: Higher Inflation Likely
36:41 – Powell: Lots Of Uncertainty
37:36 – Summers: Higher Inflation Almost Inevitable
38:29 – WSJ: Surging Costs Complicate New Factory Plans
39:32 – iPhone Costs Skyrocket
41:00 – How Will Other Countries Respond?
42:21 – Trump Puts Chinese Economy Under Heavy Pressure
43:02 – Vietnam In Trouble?
44:32 – Narrative Fight
46:54 – Jeffries: He Is Crashing The Economy
47:40 – Jeffries: What’s He Doing On The Golf Course?
48:31 – CNN Plays Old Montage Of Trump
49:49 – Will Courts Stop Trump’s Tariffs?
51:06 – Hassett: Russia Not Tariffed Because Of Ongoing Negotiations
51:55 – NATO Scrambles Fighter Jets
53:04 – Cuts Are Coming To Universities
56:27 – Outro
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