The Playbook Podcast April 7, 2025: Trump world’s mixed messages on tariffs
Apr 7, 2025
Megan Messerly, a POLITICO White House reporter, joins to illuminate the chaos surrounding Trump’s tariff policies. She reveals how the stock market is already reacting negatively, with predictions of a looming recession. The discussion dives into the conflicting messages from administration officials, and how their public indifference contrasts with urgent talks among economic advisors. Additionally, the podcast explores rising dissent within the Republican Party as members grapple with the impact of tariffs on their own constituents.
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Divisions in Trump's Administration on Tariffs
- Trump's advisors are divided on the new tariffs.
- Some are "true believers" in protectionism, while others are more market-conscious.
International Response to Tariffs
- Countries are lining up to negotiate trade deals with Trump to ease the new tariffs.
- Simultaneously, US allies plan retaliatory measures, potentially causing more economic hardship.
Trump's Reaction to Market Fallout
- Trump's response to market turmoil caused by tariffs remains uncertain.
- Despite the Dow Jones futures falling and recession predictions, Trump continues to focus on U.S. manufacturing investments.