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Morning Wire

China Escalates Trade War & Trump SCOTUS Victories | 4.14.25

Mon, 14 Apr 2025

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The US and China continue tariff war, the Supreme Court rules on several emergency requests, and El Salvador’s president makes White House visit. Get the facts first with Morning Wire.Fast Growing Trees: Get 15% off your first purchase when using the code WIRE at checkout or by visiting https://fastgrowingtrees.com/wireOld Glory Bank: Go to https://oldglorybank.com/wire today to open your account and put your money in the hands of people you can ACTUALLY trust.Lumen: Head to http://lumen.me/WIRE for 15% off your purchase.

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Transcription

Chapter 1: What recent actions has China taken in the ongoing US-China trade war?

3.137 - 10.02 John Bickley

China strikes back, cutting off shipments of rare earth minerals and magnets after Trump paused most tariffs for everyone but them.

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Chapter 2: What are the US economic leverage and White House responses to China's trade moves?

10.62 - 20.364 Unidentified Speaker (Brief Interjection)

Well, the United States also has considerable and profound economic leverage over China. So China would be very wise to pursue the path of de-escalation.

0

21.064 - 25.046 Georgia Howe

How has the White House reacted, and how do Americans view the president's trade war?

0

25.806 - 42.728 John Bickley

I'm Daily Wire Editor-in-Chief John Bickley with Georgia Howe. It's Monday, April 14th, and this is Morning Wire. The Supreme Court weighs in on several of Trump's executive actions. How is his agenda faring and what's next on the docket?

0

43.309 - 49.651 Unidentified Speaker (Brief Interjection)

We called on the Supreme Court to rein in these activist judges like Judge Boasberg, who was completely out of line.

0

50.352 - 56.955 Georgia Howe

And President Trump welcomes El Salvador's president to the White House today after what Trump's calling a model deal.

57.655 - 60.837 John Bickley

Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.

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94.602 - 101.942 Georgia Howe

President Trump will host a number of foreign leaders for trade negotiations this week as Congress prepares to pass a crucial spending package.

Chapter 3: How are Americans reacting to President Trump's tariff policies?

102.725 - 111.911 John Bickley

Daily Wire senior editor Cabot Phillips is here to break down the high stakes week ahead in Washington. Hey, Cabot. So let's start with the latest from this trade war. What did we see over the weekend?

0

112.271 - 129.681 Cabot Phillips

Yeah, two big developments on that front. First, after the president paused tariffs on every country but China, Beijing predictably responded by raising their own tariffs on U.S. goods from 84 percent to 125 percent. They went a step further Sunday, halting the export of rare earth minerals and magnets.

0

130.241 - 141.845 Cabot Phillips

For context, China produces upwards of 60% of the world's rare earth minerals and 90% of all rare earth magnets, which are crucial for high-tech chips, semiconductors, batteries, and car manufacturing.

0

142.465 - 160.934 Cabot Phillips

The White House says the fact America is so reliant on Chinese products in the first place shows just how crucial it is that we increase American manufacturing or at least form stronger trade alliances elsewhere. Stateside, President Trump made big news over the weekend, announcing that electronics like smartphones and laptops will temporarily be exempt from tariffs.

0

161.535 - 172.724 Cabot Phillips

That's a major relief to tech giants like Apple, Nvidia, and Microsoft. The White House said those exemptions would be temporary. Presumably, they're sending a message to Beijing that they better make a deal before they become permanent.

173.044 - 186.093 John Bickley

So easing those tariffs for now, but using them as leverage. Exactly. So it's been a wild ride for the stock market over the last few weeks. We've documented that here. How are people responding? How have Trump's tariffs played with the American people so far?

186.414 - 196.521 Cabot Phillips

Well, it's still early. Remember, the White House has been saying all along there will be short-term pain and that it will take time for these measures to fully pay off. But to this point, it's been a mixed bag with the public.

196.941 - 216.813 Cabot Phillips

On the negative side for Trump, a big CBS poll this weekend showed that just 42% of Americans favor tariffs compared to 58% who oppose, while his approval rating on the economy fell to 44%. Similarly, the University of Michigan's closely watched Consumer Sentiment Index fell 11% to its lowest point since the height of COVID.

217.414 - 227.719 Cabot Phillips

Americans cited the potential for rising inflation and unemployment as their biggest areas of concern. For their part, though, the White House says those concerns are being driven more by fear-mongering from the media and Democrats.

Chapter 4: What was the impact of President Trump's surprise appearance at the UFC event?

324.319 - 339.425 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.

0

339.445 - 344.287 John Bickley

I know you're a little jealous you weren't there ringside. Kevin, thanks for reporting. Absolutely.

0

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377.199 - 388.067 John Bickley

The Trump administration is at the center of several high-stakes battles before the Supreme Court. The rulings are testing the limits of executive power on issues ranging from deportations to federal regulations.

388.959 - 407.296 Georgia Howe

Joining us now to break down how the administration has fared so far before SCOTUS and what's ahead is Daily Wire culture reporter Megan Basham. So, Megan, let's start with the big picture. We know that the lower courts have been challenging Trump at just about every turn, and the administration has been filing emergency appeals to the Supreme Court along the way.

407.696 - 409.718 Georgia Howe

What are some of the big results we've seen? Yeah.

409.878 - 429.464 Megan Basham

Yes. And at this point, SCOTUS has ruled on six of those emergency applications. And I'd have to say that the president is faring mostly pretty well. One of the most significant rulings we've seen so far has been on that Alien Enemies Act. Now, it's a somewhat unique situation where both sides, the administration and the ACLU, are claiming victory.

429.984 - 452.545 Megan Basham

The administration argued that illegal alien gangs like Tren de Aragua pose such a national security threat that under the authority of that 1798 act, they can remove the gang members rapidly without hearings because they're not citizens. And as we've reported here, last week, SCOTUS lifted a lower judge's block on those deportations, but it did add some guardrails.

Chapter 5: What Supreme Court cases are influencing the Trump administration's executive agenda?

Chapter 6: What was discussed during El Salvador's president's visit to the White House?

50.352 - 56.955 Georgia Howe

And President Trump welcomes El Salvador's president to the White House today after what Trump's calling a model deal.

0

57.655 - 60.837 John Bickley

Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.

0

Chapter 7: What are the key promotions and offers from the sponsors featured in this episode?

64.056 - 79.439 Advertisement voice

Did you know that Fast Growing Trees is the biggest online nursery in the U.S. with thousands of different plants and over 2 million happy customers? This spring, they have the best deals for your yard, up to half off on select plants and other deals. And listeners to our show get 15% off their first purchase when using CodeWire at checkout.

0

79.659 - 92.461 Advertisement voice

That's an additional 15% off at FastGrowingTrees.com using CodeWire at checkout. That's FastGrowingTrees.com CodeWire. Now's the perfect time to plant. Use CodeWire to save today. Offer is valid for a limited time. Terms and conditions may apply.

0

94.602 - 101.942 Georgia Howe

President Trump will host a number of foreign leaders for trade negotiations this week as Congress prepares to pass a crucial spending package.

0

102.725 - 111.911 John Bickley

Daily Wire senior editor Cabot Phillips is here to break down the high stakes week ahead in Washington. Hey, Cabot. So let's start with the latest from this trade war. What did we see over the weekend?

0

112.271 - 129.681 Cabot Phillips

Yeah, two big developments on that front. First, after the president paused tariffs on every country but China, Beijing predictably responded by raising their own tariffs on U.S. goods from 84 percent to 125 percent. They went a step further Sunday, halting the export of rare earth minerals and magnets.

130.241 - 141.845 Cabot Phillips

For context, China produces upwards of 60% of the world's rare earth minerals and 90% of all rare earth magnets, which are crucial for high-tech chips, semiconductors, batteries, and car manufacturing.

142.465 - 160.934 Cabot Phillips

The White House says the fact America is so reliant on Chinese products in the first place shows just how crucial it is that we increase American manufacturing or at least form stronger trade alliances elsewhere. Stateside, President Trump made big news over the weekend, announcing that electronics like smartphones and laptops will temporarily be exempt from tariffs.

161.535 - 172.724 Cabot Phillips

That's a major relief to tech giants like Apple, Nvidia, and Microsoft. The White House said those exemptions would be temporary. Presumably, they're sending a message to Beijing that they better make a deal before they become permanent.

173.044 - 186.093 John Bickley

So easing those tariffs for now, but using them as leverage. Exactly. So it's been a wild ride for the stock market over the last few weeks. We've documented that here. How are people responding? How have Trump's tariffs played with the American people so far?

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