Cabot Phillips

The Daily Wire's David Cohn was there covering the event. He said the crowd was never louder than when Trump made that entrance. Worth noting, the president was joined ringside by a number of cabinet members, including Marco Rubio, RFK Jr., Kash Patel, Tulsi Gabbard, and Elon Musk.

The Daily Wire's David Cohn was there covering the event. He said the crowd was never louder than when Trump made that entrance. Worth noting, the president was joined ringside by a number of cabinet members, including Marco Rubio, RFK Jr., Kash Patel, Tulsi Gabbard, and Elon Musk.

EU Commission President Ursula von der Leyen said today the bloc will hold off for 90 days on countermeasures that would have targeted over $23 billion worth of American goods, ranging from motorcycles to agricultural products. Trump's tariff rollback came after markets tumbled globally, triggering the sharpest volatility since the early days of COVID.

EU Commission President Ursula von der Leyen said today the bloc will hold off for 90 days on countermeasures that would have targeted over $23 billion worth of American goods, ranging from motorcycles to agricultural products. Trump's tariff rollback came after markets tumbled globally, triggering the sharpest volatility since the early days of COVID.

His reversal brought some relief Wednesday with record gains, but the EU says its response is only delayed, not completely scrapped. Trump paused nearly all of his tariffs while upping levies on Chinese goods to 125%. Earlier this week, von der Leyen said the EU was ready to negotiate with the U.S.

His reversal brought some relief Wednesday with record gains, but the EU says its response is only delayed, not completely scrapped. Trump paused nearly all of his tariffs while upping levies on Chinese goods to 125%. Earlier this week, von der Leyen said the EU was ready to negotiate with the U.S.

Yeah, one week ago, President Trump enacted the largest tariffs in a century. And then yesterday, with a single social media post, he put nearly all of them on pause. Trump announced in a Truth Social post that, effective immediately, there would be a 90-day pause on nearly all tariffs. In the meantime, a flat 10% rate will go into effect.

Yeah, one week ago, President Trump enacted the largest tariffs in a century. And then yesterday, with a single social media post, he put nearly all of them on pause. Trump announced in a Truth Social post that, effective immediately, there would be a 90-day pause on nearly all tariffs. In the meantime, a flat 10% rate will go into effect.

If you walked outside yesterday afternoon and felt a strong breeze, that was actually the collective sigh of relief from world leaders making its way across the globe.

If you walked outside yesterday afternoon and felt a strong breeze, that was actually the collective sigh of relief from world leaders making its way across the globe.

Well, the president said Wednesday morning that it was a, quote, great time to buy. And he was not kidding. Within five minutes of his announcement, trillions of dollars in value have been added to the markets. By the time markets closed, the Dow was up more than 2,900 points, nearly 8%. The S&P skyrocketed nearly 10%, the largest one-day gain since 2008.

Well, the president said Wednesday morning that it was a, quote, great time to buy. And he was not kidding. Within five minutes of his announcement, trillions of dollars in value have been added to the markets. By the time markets closed, the Dow was up more than 2,900 points, nearly 8%. The S&P skyrocketed nearly 10%, the largest one-day gain since 2008.

And the Nasdaq saw its biggest daily gain in nearly a quarter century, surging 12%. All told, the broad market index on Wall Street saw its third largest gain since World War II. Hopefully some of our listeners bought the dip because the market appears to be roaring back.

And the Nasdaq saw its biggest daily gain in nearly a quarter century, surging 12%. All told, the broad market index on Wall Street saw its third largest gain since World War II. Hopefully some of our listeners bought the dip because the market appears to be roaring back.

Yeah, quite the opposite. Remember, while the vast majority of our trading partners held off on retaliatory tariffs and sought a deal, Beijing raised their rates to 34 percent and then 84 percent. That clearly outraged the president, who said, quote, based on the lack of respect that China has shown to the world's markets,

Yeah, quite the opposite. Remember, while the vast majority of our trading partners held off on retaliatory tariffs and sought a deal, Beijing raised their rates to 34 percent and then 84 percent. That clearly outraged the president, who said, quote, based on the lack of respect that China has shown to the world's markets,

I'm hereby raising the tariff charged to China by the United States of America to 125% effective immediately. We're talking hundreds of billions of dollars worth of tariffs now on the table. The White House says the Chinese have shown the world their hand and proven once and for all that they cannot be trusted to operate fairly.

I'm hereby raising the tariff charged to China by the United States of America to 125% effective immediately. We're talking hundreds of billions of dollars worth of tariffs now on the table. The White House says the Chinese have shown the world their hand and proven once and for all that they cannot be trusted to operate fairly.

As Treasury Secretary Scott Besson put it, Beijing fell into President Trump's trap.

As Treasury Secretary Scott Besson put it, Beijing fell into President Trump's trap.