4 • 1.6K Ratings
🗓️ 12 March 2025
⏱️ 77 minutes
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0:32.0 | This is CNN breaking news. And welcome to The Lead. I'm Jake Tapper. A lot of news happening right this minute. |
0:39.1 | President Trump expected to deliver remarks at a small business roundtable. |
0:42.5 | This comes after his comments on Sunday when he declined to rule out a recession, possibly |
0:47.8 | later this year, and his comments set stocks on a downslide. |
0:52.3 | Though just in the past hour, President Trump tried to walk it back, |
0:55.1 | saying that he, quote, doesn't see a recession coming. We will bring you his upcoming remarks when |
1:00.5 | they begin, but we're going to start now with three other major stories we're tracking. First, |
1:04.2 | the Republican scramble to avert a government shutdown. Second, President Trump's |
1:08.9 | escalating trade war and its effects on the markets. |
1:11.6 | And third, Ukraine, agreeing to a U.S. proposal for a 30-day ceasefire. |
1:16.6 | Any moment, now, the House of Representatives will begin to vote on a bill to fund the government through September. |
1:21.6 | The vote coming just days before the Friday deadline. |
1:24.6 | After this vote, the House will go into recess for the rest of the week, |
1:28.0 | presumably if it passes, that is, leaving the Senate with a crucial choice, except the House bill |
1:32.9 | as it is or let the government shut down. This has also been another day of what you might call |
1:38.4 | tariff whiplash, starting with the President this morning, saying he's going to add a 25% |
1:43.1 | tariff on steel and aluminum coming into the U.S. from Canada, which led to the Ontario premier, continuing to threaten to cut off electricity supplies from Canada to Americans getting that electricity in New York, Minnesota, and Michigan. |
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