John Bickley
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Wall Street remains shaken as President Trump seeks to reset trade terms around the world.
I'm Daily Wire Editor-in-Chief John Bickley with Georgia Howe. It's Monday, April 7th, and this is Morning Wire. While Trump urges Americans to hang tough amid the economic turmoil, economists debate the president's high-risk gamble.
I'm Daily Wire Editor-in-Chief John Bickley with Georgia Howe. It's Monday, April 7th, and this is Morning Wire. While Trump urges Americans to hang tough amid the economic turmoil, economists debate the president's high-risk gamble.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Daily Wire senior editor Cabot Phillips is here with the latest on how the White House and world leaders are responding to this seismic shakeup. Hey, Cabot. So let's start with the markets, which have been getting a lot of attention here for good reason. What's the latest from Wall Street?
Daily Wire senior editor Cabot Phillips is here with the latest on how the White House and world leaders are responding to this seismic shakeup. Hey, Cabot. So let's start with the markets, which have been getting a lot of attention here for good reason. What's the latest from Wall Street?
Now, the president has said the longevity of the tariffs will be determined by how other countries respond. What are we seeing internationally thus far?
Now, the president has said the longevity of the tariffs will be determined by how other countries respond. What are we seeing internationally thus far?
Joining us now is one of those economists, David Bonson, founder and managing partner of the Bonson Group. David, thank you for coming on. We try to hear from a variety of perspectives in this show and wanted to hear your angle on these retaliatory tariffs. You've been generally critical of them. I want to ask you first about the stock market's response thus far to these tariff announcements.
Joining us now is one of those economists, David Bonson, founder and managing partner of the Bonson Group. David, thank you for coming on. We try to hear from a variety of perspectives in this show and wanted to hear your angle on these retaliatory tariffs. You've been generally critical of them. I want to ask you first about the stock market's response thus far to these tariff announcements.
Is this a blip or are we in for long-term pain in the stock market?
Is this a blip or are we in for long-term pain in the stock market?
And we're seeing some of those deals being worked out with Vietnam and Taiwan with some signs of other deals coming soon. Now, Treasury Secretary Besant described our economy as one that has seemed outwardly robust enough, but is actually quite unhealthy at its core.
And we're seeing some of those deals being worked out with Vietnam and Taiwan with some signs of other deals coming soon. Now, Treasury Secretary Besant described our economy as one that has seemed outwardly robust enough, but is actually quite unhealthy at its core.
Do you agree with Besant and Lutnik as well that there are some fundamental problems that have needed to be addressed, particularly related to trade in American-made products?
Do you agree with Besant and Lutnik as well that there are some fundamental problems that have needed to be addressed, particularly related to trade in American-made products?
Final question. What should the American people expect in the coming months in terms of how their pocketbooks are going to be impacted? I know there's lots of factors here. What's your best guess at what's going to happen over the next few months?
Final question. What should the American people expect in the coming months in terms of how their pocketbooks are going to be impacted? I know there's lots of factors here. What's your best guess at what's going to happen over the next few months?
Well, let's hope we see the kinds of progress the administration believes that we'll see and sooner rather than later. David, thank you so much for coming on.