This Morning With Gordon Deal This Morning with Gordon Deal April 07, 2025
Apr 7, 2025
President Trump remains firm on tariffs despite market volatility, prompting discussions about their impact on trade and the economy. Severe weather wreaks havoc in the Midwest with tornadoes and flash floods causing casualties. A remarkable story highlights a Florida woman bravely opening an alligator's jaws to rescue her dog. The revival of 'slugging' offers a creative carpooling solution in D.C., while humorous parenting anecdotes provide a light touch amidst these serious topics.
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Trump's Tariff Strategy
- President Trump insists on his tariff strategy despite stock market drops, citing the trade deficit with China.
- He claims 50+ countries want to negotiate lower tariffs after his announcement.
Tariff Impacts
- Israel and Vietnam reduced tariffs on US imports before Trump's sweeping tariffs took effect, possibly signaling effectiveness.
- However, investors remain skeptical as the stock market continues to decline, causing concern among lawmakers.
Mixed Messages on Tariffs
- Trump's tariff rationale appears multifaceted, including fairness issues, revenue generation, and reshoring manufacturing.
- These mixed messages create confusion about the true goals and potential consequences of his approach.