The Megyn Kelly Show
Markets Rip on Tariff News, Judge Grants AP WH Access, DNI Launches Intel Task Force: AM Update 4/10
Apr 10, 2025
President Trump pauses most tariffs while keeping those on China, boosting market optimism. A heated immigration hearing showcases the tense divide between House Democrats and Republicans. A judge orders the Trump Administration to restore the Associated Press's White House access. Meanwhile, Tulsi Gabbard, the Director of National Intelligence, launches a task force to tackle bias and waste in intelligence agencies. The discussion highlights the ongoing debates over immigration policies and the complexities surrounding sanctuary cities.
17:29
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Quick takeaways
- President Trump's pause on tariffs has led to significant stock market gains, highlighting the complexities of U.S.-China trade dynamics.
- A federal judge's ruling mandates the restoration of AP's White House access, underscoring the need for media transparency and accountability.
Deep dives
China's Trade Negotiations and Market Reactions
A significant shift in U.S.-China trade dynamics is highlighted, with President Trump's pause on tariffs leading to a remarkable surge in the stock market. The Dow Jones experienced its largest single-day gain since 2001, attributed to Trump's strategy of incentivizing cooperation among non-retaliating nations. While many countries are eager to negotiate, China remains resistant to U.S. demands, facing an increase in tariffs to 125%. Analysts suggest that this situation underscores how China’s past integration into the global economy has resulted in greater authoritarianism, complicating future negotiations.
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