

Full Episode: Sunday April 13, 2025
11 snips Apr 13, 2025
Howard Lutnick, former Secretary of Commerce, discusses the recent reversal of tariffs by President Trump, sparking market uncertainty. Senator Elizabeth Warren debates the potential of her legislation to limit presidential power regarding tariffs, highlighting their adverse impact on small businesses. ESPN's Stephen A. Smith chimes in on the political landscape, criticizing Trump's economic policies. The trio dives into the long-term effects of trade negotiations with China and the crucial need for revitalizing American manufacturing in today’s economy.
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Tariff Policy Reversal
- President Trump's sudden tariff policy reversal spared most countries but not China.
- This caused market uncertainty despite some relief from the rollback.
Electronics Exemptions
- U.S. Customs and Border Patrol announced exemptions for a wide range of electronics from the new tariffs.
- This includes smartphones, laptops, and semiconductor-creating machines, offering temporary relief.
Temporary Exemption
- Secretary Lutnick clarifies the electronics exemptions are temporary and tied to upcoming semiconductor tariffs.
- These forthcoming tariffs aim to encourage domestic production of essential electronics.