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The President's Daily Brief

March 25th, 2025: Trump Pumps The Breaks On Tariffs & Chaos On The Streets In Turkey

25 Mar 2025

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In this episode of The President's Daily Brief:   •  The Trump administration pulls back on its sweeping tariff plan, narrowing the scope of the trade measures set to take effect April 2nd.   •  Massive protests erupt across Turkey following the arrest of Istanbul’s mayor and key Erdogan rival, Ekrem Imamoglu.   •  Egypt offers a new ceasefire proposal for Gaza — and Hamas is reportedly on board.   •  In today’s Back of the Brief: China firmly denies reports it’s planning to send peacekeepers to Ukraine, calling the claims “completely untrue.”   To listen to the show ad-free, become a premium member of The President’s Daily Brief by visiting PDBPremium.com. Please remember to subscribe if you enjoyed this episode of The President's Daily Brief. YouTube: youtube.com/@presidentsdailybrief Birch Gold: Text PDB to 989898 and get your free info kit on gold   Stash Financial: Go to https://Get.Stash.com/PDB Learn more about your ad choices. Visit megaphone.fm/adchoices

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Full Episode

12.372 - 29.14 Mike Baker

It's Tuesday, the 25th of March. Welcome to the President's Daily Brief. I'm Mike Baker. Your eyes and ears on the world stage. All right, let's get briefed. In today's spotlight, the Trump administration is dialing back its sweeping tariff plan. Remember that?

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29.68 - 52.253 Mike Baker

Originally set to take effect on the 2nd of April, the trade measures are now expected to target fewer nations and fewer sectors, with some potentially escaping the hit entirely. We'll have those details. Later in the show, widespread protests are rocking Turkey after the arrest of Istanbul's mayor and, coincidentally, Erdogan's top rival.

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52.773 - 66.359 Mike Baker

With unrest spilling into the streets for a fifth straight night, over 1,000 demonstrators have already been detained. Well, Erdogan's business motto is actually, if you can't beat them, arrest them and then beat them.

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67.239 - 96.127 Mike Baker

Plus, a new ceasefire proposal is on the table Egypt has put forward a plan to halt the fighting in Gaza And this time, Hamas is reportedly on board And in today's Back of the Brief An update to a story that we brought you yesterday China's foreign ministry is pushing back hard On claims that it plans to send troops to Ukraine As part of a peacekeeping force Calling the reports, quote, completely untrue But first, today's PDB Spotlight

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97.145 - 121.453 Mike Baker

We'll begin with an update on the global tariff war as the Trump administration signals they plan to significantly narrow the scope of previous planned levies to take effect next week. As a refresher, April 2nd has been touted by President Trump as America's, quote, Liberation Day. He was set to mark the moment that his administration imposed a global regime of reciprocal tariffs on all U.S.

121.493 - 144.417 Mike Baker

trading partners. as well as targeted duties of 25% on specific sectors, such as automobiles, lumber, and pharmaceuticals. Well, with just over a week to go before the big announcement, President Trump is walking back those threats. While White House officials say that the 2nd of April will still bring new global tariffs on a targeted set of U.S.

144.457 - 167.892 Mike Baker

trading partners, they'll likely be far less harsh than previously thought, and that's according to a report from the Wall Street Journal. Instead of going after all U.S. trading partners, administration sources told the Journal that the focus will now be on the roughly 15 percent of nations with persistent trade imbalances. Treasury Secretary Scott Besant called this group the, quote, dirty 15.

169.453 - 194.532 Mike Baker

It doesn't have quite the ring as the Dirty Dozen does it, which was a fantastic movie Anyway, while the White House has not issued an updated list of the targeted nations It will almost certainly include China, Taiwan, Japan, and a host of countries in the European Union But President Trump also teased Monday that certain nations may be granted exemptions And that the industry-specific tariffs will likely be shelved entirely for the time being

195.464 - 219.075 Mike Baker

Meanwhile, the fate of the oft-delayed 25% tariff on all goods from Mexico and Canada, also set to take effect on the 2nd of April, remains uncertain. Speaking to reporters, Trump said, quote, I may give a lot of countries breaks. It's reciprocal, but we might be even nicer than that. He added that, quote, I'm embarrassed to charge them what they've charged us.

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