BONUS POD: Make Tariffs Pause Again (Unless You're China)

Verdict with Ted Cruz

Premiere Networks

Politics, Daily News, News, News Commentary

4.5 • 42.9K Ratings

🗓️ 10 April 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Tariff Increase on China:
- The White House raised tariffs on China to 125% due to China's retaliation against the United States.
- This move is part of President Trump's "America First" trade policy aimed at protecting American workers and manufacturing.
Temporary Pause on Other Tariffs:
- A 90-day pause on some tariffs with other countries that have shown willingness to negotiate better trade deals with the U.S.
- These countries will have a universal 10% tariff during the negotiation period.
Economic Impact:
- The March jobs report showed significant job growth, with 228,000 jobs added, surpassing expectations.
- Sectors like construction, transportation, and warehousing saw notable employment increases.
Energy and Tax Policies:
- President Trump's energy policies are leading to lower gas prices.
- He is advocating for the extension and expansion of working-class tax cuts.
Global Trade Negotiations:
- Over 75 countries have reached out to negotiate better trade deals with the U.S.
- The White House emphasizes that countries willing to cooperate will benefit, while those like China will face higher tariffs.
Market Reaction:
- There was a significant rally on Wall Street following the announcement.
- The administration believes that the U.S. market is crucial for global business, and countries are eager to negotiate with the U.S. rather than China.

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Transcript

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0:00.0	President's decision.
0:02.0	It's the President's decision.
0:04.0	It was a President's decision to wait until today.
0:07.0	And again, as I've said in the past, no one creates leverage for himself like President Trump.
0:14.0	This is a 47 morning update special edition with Ben Ferguson.
0:18.0	Good Thursday morning.
0:19.0	Nice to have you with us on the 47 morning update.
0:22.1	It's Ben Ferguson with you as always, and we've got one big story for you. It's all tariffs,
0:28.9	and the big news coming out of the White House, they raised the tariffs on China to 125%.
0:36.7	And they issued a 90-day pause on some other tariffs with other countries that had come
0:42.7	to the table. Now, I am going to play for you exactly what the White House said on this.
0:48.9	You're going to hear from the White House Press Secretary and Secretary Scott Besant as well.
0:55.1	Before I do that, though, let me explain to you exactly what the White House is saying.
1:00.2	The message is simple.
1:02.0	For many countries who are ready to take a seat at the negotiating table and recognize
1:07.6	that they will no longer be able to mistreat America. The White House said,
1:12.7	we're going to work with you. Please come, join us, and be granted a temporary reprieve.
1:19.9	However, the White House said for those like China, who want to retaliate after years of ripping
1:25.8	America off, we will not bend and we will not break.
1:31.1	Now, let's remind you of what the goal was from this White House.
1:35.2	Put America first and trading partnerships that are willing to work with America first.
1:41.4	Why?
	...

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