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Erin Burnett OutFront

Top Investor: Trump’s Tariff Math Is “Illogical And Absurd”

Erin Burnett OutFront

CNN

News

4.4706 Ratings

🗓️ 4 April 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Stocks plunge and two in a half trillion dollars were wiped out after Trump’s trade war begins while fears grow of a recession. Plus, CNN learns that Laura Loomer was behind firings of several national security officials in the Trump administration.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:32.3

Out front next, breaking news, stocks plunge. Two and a half trillion dollars wiped out after

0:37.3

Trump's trade war

0:38.2

begins, fears growing of recession. I'm going to talk to my good friend, Mad Money's Jim Kramer.

0:43.6

Plus, Trump talks up far-right conspiracy theorist Laura Lumer. CNN learns that Lumer was behind

0:49.8

firings of several national security officials in the Trump administration.

0:59.5

And from favorite son status to traitor and turncoat, Canada's legendary hockey player,

1:02.2

Wayne Gretzky, is persona non grata?

1:06.3

After he did the unthinkable in the eyes of many Canadians inciting with Trump,

1:07.9

let's go out front.

1:11.2

And good evening, I'm Aaron Burnett.

1:14.0

Out front tonight, the breaking news, a wipeout.

1:19.6

Two and a half trillion dollars today gone in the route on Wall Street in response to Trump's trade war against 185 countries.

1:25.2

Stock's going out at the lows.

1:27.2

The Dow falling more than 1,600 points, almost 1700 points.

1:30.6

Almost nothing was spared here on this Thursday afternoon.

1:34.3

The first full day of trading once we learned about the new U.S. tariff regime.

1:41.3

I mean, we'll just show you this image.

...

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