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Speaker 1: Ahead on American Sunrise, President Trump calling on the American

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Speaker 1: people to remain tough as the impact of the new

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Speaker 1: tariffs becomes the new reality. The latest on stock market

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Speaker 1: fears and your four oh one k plus. Israeli Prime

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Speaker 1: Minister Benjamin net Yahoo meeting with President Trump today at

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Speaker 1: the White House. It's a last second meeting and intrigue

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Speaker 1: is building. We have the latest and Vice President jd

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Speaker 1: Vance has a message for liberals who are against getting

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Speaker 1: rid of suspected gang members from the country. Is comments ahead,

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Speaker 1: those stories much more as American Sunrise starts on a

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Speaker 1: Monday right now. Good morning, America.

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Speaker 2: Welcome to American Sunrise. Whether it's culture, we have breaking

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Speaker 2: news to share with you politics.

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Speaker 1: President Trump is joining us live now from Florida.

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Speaker 3: We've got your couple.

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Speaker 1: This is what it looks like to be a patriot.

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Speaker 3: We have to protect the American family.

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Speaker 2: The American dream is still alive.

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Speaker 1: I'm David Brody, I'm Terrence.

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Speaker 2: And I'm Doctorina.

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Speaker 4: Good morning.

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Speaker 5: I'm Alison Hans in for doctor Gina live from West

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Speaker 5: Palm Beach. Let's bring in David Brody in Washington, DC

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Speaker 5: and Terrence Bates in our Denver newsroom. Good morning, gentlemen,

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Speaker 5: on this Monday morning. Okay, we all holding tight for

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Speaker 5: the markets today.

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Speaker 1: Terrence, how are you doing? You're holding up?

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Speaker 3: Brother? Yeah, I had to search high and low for

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Speaker 3: this shirt because I feel like I've lost it. It's

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Speaker 3: really not that bad, but it is disconcerting, and I

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Speaker 3: think that's really the situation for many Americans. We're hoping

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Speaker 3: that it's going to all come back. And at this

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Speaker 3: point many people who have invested are invested quite literally

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Speaker 3: and figuratively speaking, and so you just, you know, you

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Speaker 3: just have to hold on and follow through. But it

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Speaker 3: is it is a little disconcerting. It's a little frightening.

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Speaker 3: I mean, I think I suspect most investors you talk to,

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Speaker 3: most people who have even a couple of pennies in

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Speaker 3: the in the markets probably see it that way.

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Speaker 1: David, Yeah, there's no doubt about it. I mean, there's

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Speaker 1: been talk about this could be maybe black Monday, you know,

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Speaker 1: hold on, we don't know. And what does black Monday mean?

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Speaker 1: We're talking about nineteen eighty seven when the stock market

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Speaker 1: came crashing or two thousand and seven. Is because me

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Speaker 1: when the eighty seven, excuse me, when the stock market

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Speaker 1: came crashing down. They lost over twenty two percent of

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Speaker 1: its value. We'll see, but look, this is bad. And Alison,

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Speaker 1: anybody that is out there trying to predict the future

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Speaker 1: in this stop, we have no idea. None of us

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Speaker 1: do not. Even the economic experts have any idea. They

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Speaker 1: have a better calculus of it, for sure, but they

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Speaker 1: don't really know. You know, this is obviously extremely concerning.

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Speaker 1: I think the idea here is to wait it out.

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Speaker 1: But obviously this is tough, Allison, Let's not let's not

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Speaker 1: sugarcoat it is my point.

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Speaker 5: No, no, we can and no one knows the future,

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Speaker 5: including Jim Kramer, who seems to think he always has

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Speaker 5: the answer. It's going to be a tough go. But

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Speaker 5: I think we have to look at the larger picture

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Speaker 5: and think down the road.

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Speaker 3: So, and when we're talking about the bigger picture, guys,

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Speaker 3: one of the things that President Trump has been able

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Speaker 3: to achieve is to get dozens upon dozens of countries

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Speaker 3: to at least say they're willing to negotiate, They're ready

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Speaker 3: to have a conversation about potentially doing something to either

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Speaker 3: resind or to minimize the tariffs that President Trump is instilled.

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Speaker 3: So I guess that could be seen as a victory.

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Speaker 3: And a number of them are going to be coming

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Speaker 3: to the White House and to Washington, d c. A

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Speaker 3: most notably Benjamin Nett and Yahoo. He will be in Washington,

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Speaker 3: d C. Today, David meeting with President Trump.

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Speaker 1: Yeah, and I don't think it's gonna be I mean,

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Speaker 1: it's gonna be somewhat about terrorists, but I don't think

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Speaker 1: that's the real reason. Look, you don't come halfway across

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Speaker 1: the world to meet with Trump, who you just met

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Speaker 1: with was it about a month ago or so, to

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Speaker 1: talk about tariffs. You know this just in They have telephones,

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Speaker 1: you have they have cell phones. You can do it

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Speaker 1: over the phone. I think this is about Iran. I

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Speaker 1: don't even think it's about the Gaza War. I mean

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Speaker 1: it is to a degree. They're going to talk about

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Speaker 1: all that, but I think it's about Iran. I think

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Speaker 1: Israel wants to strike Iran. That's what it's about, and

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Speaker 1: they want Trump's backing. I think that's ultimately what they want.

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Speaker 1: I don't think they're going to get it. I think

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Speaker 1: he's the peace president. I think he wants to do

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Speaker 1: this economically. But Allison, I think that's what this is

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Speaker 1: really about. But yeah, terriffs obviously are going to be

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Speaker 1: on the agenda for sure.

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Speaker 5: Well, it's certainly going to be a very full day

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Speaker 5: at the White House. Let's check out today's Bible verse

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Speaker 5: right now. It's from Isaiah sixty four eight. But now,

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Speaker 5: oh Lord, you are our father. We are the clay,

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Speaker 5: and you are potter, and all we are the work

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Speaker 5: of your hand. Well, as we've been discussing, the stock

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Speaker 5: market has been taking a hit since President Trump announced

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Speaker 5: sweeping new tariffs. Trump is now called on the American

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Speaker 5: people to stay tough in these times. Trump posted on

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Speaker 5: truth Social saying China has been hit.

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Speaker 4: Much harder than the USA, not even close.

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Speaker 5: They and many other nations have treated us unsustainably badly.

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Speaker 5: We have been the dumb and helpless whipping post, but

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Speaker 5: not any longer. We are bringing back jobs and businesses

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Speaker 5: like never before. Already more than five trillion dollars of

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Speaker 5: investment and rising fast. This is an economic revolution and

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Speaker 5: we will win.

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Speaker 6: Hang tough.

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Speaker 5: It won't be easy, but the end result will be historic.

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Speaker 5: We will make America great again. And for more, let's

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Speaker 5: bring in rav Chief White House correspondent Brian Glenn Brian,

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Speaker 5: Good morning to you.

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Speaker 7: Good morning Allison.

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Speaker 5: Okay, you're on the scene. So what are you hearing

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Speaker 5: from the White House this morning.

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Speaker 8: I think that true social statement pretty much some it

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Speaker 8: up as far as what President Trump is trying to

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Speaker 8: accomplish here. I was talking to a good family friend

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Speaker 8: over the weekend. They said, you know what, we're looking

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Speaker 8: at this like we're going to war, an economic war,

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Speaker 8: and we must be able to sacrifice and be patient

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Speaker 8: to write it through because this is rebuilding America. And

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Speaker 8: President Trump talks about the trillions of dollars of investments

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Speaker 8: that are coming in that would not have come if

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Speaker 8: these tariffs.

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Speaker 7: Would not have been pushed out there.

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Speaker 8: But yes, it's going to be a little rocky, but

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Speaker 8: I do think in the end, President Trump has the

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Speaker 8: right vision for this country.

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Speaker 5: I think that's such an important point to that messaging,

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Speaker 5: that specific messaging that the greater, the whole of the

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Speaker 5: country is going to be better off.

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Speaker 4: Yeah, I think that's really important.

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Speaker 8: Think think about what we did in the forties and

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Speaker 8: the fifties in the Industrial Revolution and some of the

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Speaker 8: things that kind of shifted all the manufacturing coming and

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Speaker 8: people kind of we started building stuff, and I think

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Speaker 8: it's a rebirth of that.

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Speaker 7: But yes, there's pain in the market. No one can

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Speaker 7: argue that.

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Speaker 8: But if you don't plan on taking money out in

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Speaker 8: the next six to eight to twelve months, then maybe

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Speaker 8: you're good just write it out. But I do know

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Speaker 8: that there are a lot of small businesses that really

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Speaker 8: depend on some of those dividends and some of those

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Speaker 8: earnings that get in their investments to survive. So I

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Speaker 8: know it's going to be a struggle, but I think

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Speaker 8: as Americans were tough and we're ready to weather the storm.

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Speaker 3: Brian, on this point, there's a reporting from over the

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Speaker 3: weekend that at least fifty countries have reached out to

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Speaker 3: the White House to at least start the negotiating process.

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Speaker 3: Any idea who some of those countries are? And really,

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Speaker 3: I guess the bigger question is where do some of

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Speaker 3: those negotiations stand and could you see or is the

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Speaker 3: White House saying that potentially there could be a reversal

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Speaker 3: of some of these tariffs in short order or is

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Speaker 3: President Trump going to hold on for the long haul.

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Speaker 8: Well, I think it was indicated on Friday that we

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Speaker 8: were starting to see some countries reach out to the

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Speaker 8: White House to want to kind of renegotiate these tariff agreements.

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Speaker 7: And mind you, I mean a lot of these. We

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Speaker 7: said this the other day.

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Speaker 8: Those reciprocal terrorifts, in my opinion, were very they were fair,

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Speaker 8: They were very low compared to what most Americans would

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Speaker 8: love to slug back in some of these countries and

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Speaker 8: offer them. But you will see I think a revolving

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Speaker 8: door here at the White House, figuratively from a phone

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Speaker 8: call or people actually coming here in person to negotiate that.

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Speaker 8: That true social post terence sums it up, like, we

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Speaker 8: know what the effects are here and we can kind

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Speaker 8: of take a pulse of America, but if you go

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Speaker 8: around the world and take their pulse, you'll probably find

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Speaker 8: out they're suffering a little bit more and they have

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Speaker 8: a little bit more stress level than we have here.

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Speaker 8: But definitely, I think this is going to be a

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Speaker 8: very busy week or so here at the White House

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Speaker 8: as these countries start to really lobby for a lower tariff.

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Speaker 8: But like you said, reciprocal we charge you, will you charge.

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Speaker 1: Us, no doubt. You know, there's been some talk maybe

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Speaker 1: that pre Trump could put a ninety day hold regarding

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Speaker 1: some of these countries that are coming to the table.

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Speaker 1: In other words, if they're expressing an interest to renegotiate,

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Speaker 1: maybe you just put that ninety day hole to say, Okay,

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Speaker 1: hold on, let's see what we can do here, and

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Speaker 1: maybe that helps the markets a little bit. Also, Brian

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Speaker 1: Israeli Prime Minister of Benjamin Nettyahu back in Washington today

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Speaker 1: to meet with President Trump. I mean, he was just there.

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Speaker 1: It's going to mark the second meeting between the two

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Speaker 1: leaders since President Trump returned to the White House, also

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Speaker 1: the first meeting since hostilities between Israel and Hamas reignited.

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Speaker 1: So what do you make of what's going to be

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Speaker 1: on the docket today? You know, teriffs. You know a

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Speaker 1: lot of people have been talking tariffs. And I'm not

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Speaker 1: saying that's not going to come up. Of course it'll

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Speaker 1: come up, but you could do that over the phone.

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Speaker 1: I'm trying to figure out there's got to be more

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Speaker 1: to this. This happened kind of last second.

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Speaker 8: Yeah, you're right, David. I agree with you. I think

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Speaker 8: tariffs will come up. Obviously, I don't think that's a

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Speaker 8: big deal. As far as what is on the table

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Speaker 8: here talk about, I think it has to do a

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Speaker 8: lot with our ran, our involvement potentially with Iran. You're

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Speaker 8: on the money on that, and of course, guys, a

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Speaker 8: conflict that obviously will be something that the press here

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Speaker 8: we'll ask. I will say this walking into the White

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Speaker 8: House this morning, enhanced security as the last time the

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Speaker 8: Prime Minister was here, the fencing along this perimeter out

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Speaker 8: front of the White.

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Speaker 7: House was up.

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Speaker 8: It's back up today. There's a lot of security on

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Speaker 8: the ground. You do see Capitol Police, Secret Service in

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Speaker 8: this area. As I would imagine a little bit later

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Speaker 8: today the protesters will come back here in front of

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Speaker 8: the White House and voice or opposition to the Prime

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Speaker 8: Minister being here today.

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Speaker 7: But so much to talk about, David. Of course that meeting.

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Speaker 8: We are officially the second poll cam today, so we'll

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Speaker 8: be in the Oval Office at two o'clock.

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Speaker 7: I will also be in the East Room at two thirty.

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Speaker 7: But before that we'll be in.

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Speaker 8: The East Room for the Los Angeles Dodgers come in

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Speaker 8: to the White House to get their congratulatory message from

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Speaker 8: President Trump. And then later tonight, if they're able to

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Speaker 8: throw out a first pitch with this rain stops, they'll

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Speaker 8: play take on the Wash to Nationals.

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Speaker 4: David, that's good news. Well, one last thing, Brian, We want.

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Speaker 5: To talk about that controversial case of illegal alien Kilmar

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Speaker 5: Abrego Garcia from Maryland, who was deported to that notorious.

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Speaker 4: Prison in l Salvador.

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Speaker 5: He was accused of being an MS thirteen gang member,

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Speaker 5: but a federal judge said there's no evidence that he's

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Speaker 5: a gang member, and even if he was, the judge

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Speaker 5: says an immigration judge actually ruled six years ago that

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Speaker 5: he shouldn't be deported back to El Salvador. Now the

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Speaker 5: judge is ordering the Trump administration to bring him back

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Speaker 5: to the US by tonight at mid toime. Midnight, Vice

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Speaker 5: President jd Vance weighed in on all of this and had.

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Speaker 9: This to say, so, unquestionably an illegal alien, This was

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Speaker 9: unquestionably a person who broke the laws to.

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Speaker 1: Get into our country.

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Speaker 9: This is unquestionably a person an immigration judge had found

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Speaker 9: had zero right to be in the United States of America.

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Speaker 9: We do not ask permission from far left Democrats before

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Speaker 9: we deport illegal immigrants. We do the American people's business.

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Speaker 4: Any Brian, what do you make of this?

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Speaker 8: Well, Allison, your intro to that video should be clipped

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Speaker 8: and that should be every Republican's campaign video for re

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Speaker 8: election about what they're facing.

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Speaker 7: With the Democrats. That's it. We don't need to say

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Speaker 7: anything else. That's what they stand for.

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Speaker 8: The simple fact that this guy is proven to be

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Speaker 8: an illegal. That's number one. You shouldn't be here, you

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Speaker 8: should be deported. Number two, you do have ties to

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Speaker 8: MS thirteen gang members. So you're telling me, Democrats the

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Speaker 8: media that you want these individuals living within our community. Okay,

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Speaker 8: there's my message. If I'm running for Congress in twenty

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Speaker 8: twenty six, that's my message. They're losing the public court

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Speaker 8: of opinion on this and other topics. We're looking good

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Speaker 8: as long as we keep delivering from the American people.

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Speaker 8: But these people in this country illegally gang members need

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Speaker 8: to get.

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Speaker 7: On a plane and get the heck out.

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Speaker 8: I think Tom Holman and and Trump and Christy Noman

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Speaker 8: and Vice President Jade Vance is on message on all

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Speaker 8: of this.

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Speaker 5: Absolutely well, Brian, thank you so much for being here

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Speaker 5: this morning.

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Speaker 4: We always appreciate you.

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Speaker 7: Thanks ran.

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Speaker 5: Coming up, we check out the hottest headlines from the

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Speaker 5: Rap Newsroom with.

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Speaker 4: Team Bates and later.

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Speaker 5: People's for one KSE have taken a hit since President

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Speaker 5: Trump announced new tariffs, but don't panic. The details and

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Speaker 5: the strategies are ahead. As American Sunrise continues.

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Speaker 10: This news break gets brought to you by AMAC, Association

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Speaker 10: of Mature American Citizens, and.

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Speaker 1: Welcome back everybody to American Sunrise. I'm David Brody, coming

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Speaker 1: up elon MUCKs muss excuse me, some controversy there going

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Speaker 1: against Peter Navarro, the trade advisor for President Trump. Navarro

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Speaker 1: shooting back against Musk. We're gonna have the details in

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Speaker 1: a moment first though, TVAH standing by with the latest

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Speaker 1: headlines from the Real America's Voice. Do yous are rented

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Speaker 1: at all? Sponsored by AMAC.

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Speaker 10: The Association of Mature American Citizens is the conservative voice

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Speaker 10: for Americans fifty and older. AMAC is fighting for the

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Speaker 10: values that you hold, dear. Joined today, together, we can

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Speaker 10: write the course of America.

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Speaker 3: US stock markets have lost nearly six trillion dollars in

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Speaker 3: value since President Trump announced his reciprocal tariffs last week.

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Speaker 3: In the meantime, Treasury Secretary Scott Bessen says more than

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Speaker 3: fifty countries have started negotiations with the United States, seeking

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Speaker 3: to minimize or rescind the tariffs all together. While talks

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Speaker 3: are underway, on one hand, global markets are expecting another

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Speaker 3: rough week, as European and Asian shares are already seeing

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Speaker 3: dramatic losses again today. Economist that JP Morgan are estimating

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Speaker 3: the Trump terriffs will result in the US gross domestic

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Speaker 3: product declining by three tenths of a percentage point as

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Speaker 3: opposed to a previous estimate of one point three percent growth.

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Speaker 3: The unemployment rate is also predicted to climb to five

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Speaker 3: point three percent from the current four point two percent.

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Speaker 3: And as I mentioned, dozens of countries are ready to

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Speaker 3: negotiate in the face of President Trump's tariffs. Taiwan's president

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Speaker 3: is offering zero tariffs in return for the US dropping

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Speaker 3: its trade barriers is rarely. Prime Minister Benjamin et Yahoo

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Speaker 3: expected to ask for a reprieve from the seventeen percent

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Speaker 3: tariffs against his country during an Oval office meeting with

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Speaker 3: the President today at the White House. And when it

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Speaker 3: comes to China and the European Union, the President says

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Speaker 3: his tariffs are all about leveling the playing field after

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Speaker 3: being ripped off for years.

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Speaker 11: We have massive surplus countries now we're dealing with we

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Speaker 11: have massive deficits. We've demonstraight that out because you can't

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Speaker 11: continue to be that which in that way for years now,

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Speaker 11: and it can't go on any longer. And with the Biggiebank,

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Speaker 11: we have all the advantages. If we get martage for

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Speaker 11: a second, we have all the advantages. We'll get it

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Speaker 11: straight out. We're gonna become a wealthy nation again, wealthy

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Speaker 11: like never before.

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Speaker 3: US customs officials are reportedly collecting the across the board

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Speaker 3: ten percent tariffs already. The higher reciprocal tariffs of between

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Speaker 3: eleven and fifty percent on individual countries are set to

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Speaker 3: take effect Wednesday. A weekend of storms and massive flooding

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Speaker 3: have at least eighteen people dead in communities from Texas

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Speaker 3: to Ohio. Drying out and preparing for a week of

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Speaker 3: insurance claims. Kentucky and Tennessee are dealing with the worst

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Speaker 3: of the flooding as some rivers there have risen to

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Speaker 3: near record levels. The flooding has been brought on by

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Speaker 3: NonStop rain for days. As a result, utilities in some

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Speaker 3: areas of cough power and gas. Emergency officials in north

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Speaker 3: central Kentucky have even ordered mandatory evacuations for a couple

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Speaker 3: of towns near the bend of the Licking River as

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Speaker 3: the water continues to rise. The situation is frightening, A

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Speaker 3: frightening reminder of thirty years ago when the river reached

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Speaker 3: a record fifty feet, resulting in five deaths and one

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Speaker 3: thousand homes destroyed. That's a greick check of your headlines.

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Speaker 3: I'll have more headlines coming your way shortly, including President

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Speaker 3: Trump set to meet with Israeli in prime Minister Benjamin

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Speaker 3: net Yahoo today. So what can we expect from the

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Speaker 3: face to face and next? Elon Musk appears to be

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Speaker 3: going against President Trump when it comes to the issue

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Speaker 3: of tariffs. What's his proposal? First, the quick check of

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Speaker 3: this day in history. It was on this date in

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Speaker 3: two thousand and three that US troops captured the Iraqi

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Speaker 3: city of Baghdad. The invasion was under the guise of

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Speaker 3: Iraq and its leader Saddam Hussein and weapons of mass destruction.

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Speaker 3: Just weeks into the fighting, then President George W. Bush

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Speaker 3: declared that the first phase of the war was complete.

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Speaker 3: We've got more American sunrise coming your way in two minutes.

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Speaker 1: Breckinridge, Colorado, just beautiful. I lived in Colorado for ten years,

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Speaker 1: not in Breckenridge, but we did ski up there. It

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Speaker 1: is just absolutely beautiful. Welcome back, everybody to American Sunrise.

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Speaker 1: All right, let's talk terrorists. What else is new?

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Speaker 4: Right?

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Speaker 1: Iamon Musk says he is advising President Trump to set

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Speaker 1: up a free trade zone with Europe. Musk says that

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Speaker 1: he thinks they're new. Needs to be a zero tariff

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Speaker 1: zone for the US and Europe, and there needs to

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Speaker 1: be more movement of trade between Europe and the US.

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Speaker 1: Of course, this comes after Trump and post twenty percent

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Speaker 1: tariff on the EU last week as part of a

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Speaker 1: liberation a part of Liberation Day that goes into effect

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Speaker 1: on Wednesday this week. Here is how President Trump's trade

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Speaker 1: advisor Peter Navarro responded to Elon's free trade zone idea.

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Speaker 1: Take a look.

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Speaker 12: It was interesting to hear Elon Musk at the beginning

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Speaker 12: talk about is zero tariff zone with Europe. He didn't

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Speaker 12: understand that. And the thing that's I think important about

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Speaker 12: Elon to understand he sells cars.

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Speaker 1: That's what he does.

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Speaker 12: And if you look, for example at the Tesla factories

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Speaker 12: in Texas, their assembly plants, and they get a lot

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Speaker 12: of their content from China, Mexico, Japan and Taiwan and elsewhere.

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Speaker 1: All Right, well, Elon Musk has taken some shots that

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Speaker 1: if Peter Navarro on X but anyhow they have that

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Speaker 1: spat for analysis and insight. Let's bring in the fact

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Speaker 1: under Storm Wall advisors and author of Why America Matters,

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Speaker 1: The Case for a New Exceptionalism, Michael Wilkerson with us

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Speaker 1: back here on the show. Michael, great to have you.

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Speaker 1: Let's put the elon Musk and Peter and Navarro thing

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Speaker 1: to the side for a moment. We have got some

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Speaker 1: pressing things to deal with, as in the stock market's

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Speaker 1: about to open. What are you looking for? Take us

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Speaker 1: through that and what do you want to tell people

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Speaker 1: that have that four to one k money that they're

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Speaker 1: looking at starting to dwindle a little bit.

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Speaker 7: Good morning, David and team.

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Speaker 13: I would say, first of all, don't panic. We've been

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Speaker 13: talking about I've been talking about on this show and

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Speaker 13: elsewhere that the market had gotten quite a bit ahead

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Speaker 13: of itself. The key thing to remember, and I heard

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Speaker 13: a phrase the other day that was a great reminder,

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Speaker 13: what's more important than timing the market is time in

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Speaker 13: the market. The market is reacting to the news on

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Speaker 13: Terraff's concerns around where this.

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Speaker 7: Is going to go.

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Speaker 13: We can talk about that in a minute. But I

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Speaker 13: think the important point to understand here is it, even

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Speaker 13: though last week's reaction was the worst week in the

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Speaker 13: market since the lockdown shock of COVID in twenty twenty,

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Speaker 13: in March and April markets were down just under ten percent. Broadly, Okay,

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Speaker 13: we were warned. President Trump mentioned it, Elon Musk mentioned it,

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Speaker 13: that there was likely to be some short term pain,

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Speaker 13: that there'd be a reaction. But it's really important that

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Speaker 13: we don't overreact, that we look at this and understand

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Speaker 13: that over the long run, it is going to tariffs,

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Speaker 13: This whole policy shift is going to be for the

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Speaker 13: long term benefit of the nation and its wealth. So

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Speaker 13: don't panic, stay in the game and look beyond the

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Speaker 13: immediate shock, and stop listening to the voices of doom

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Speaker 13: that say it's all over for America, it's all over

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Speaker 13: for our wealth, etc.

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Speaker 3: So, Michael, in terms of products that are affected by

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Speaker 3: the tariffs, how can people alleviate some of the pressure.

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Speaker 3: What do you expect to be the products that are

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Speaker 3: most significantly impacted by these tariffs.

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Speaker 13: Well, let's start with where they're not likely to be

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Speaker 13: affected at the same time that we are going to

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Speaker 13: see some prices come up on imports, the US produces

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Speaker 13: a lot of its own food. Under Trump's energy policies,

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Speaker 13: the US will once again produce a lot of its energy.

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Speaker 13: The core drivers of inflation a few years ago, beginning

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Speaker 13: in twenty twenty two, were energy prices and that being

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Speaker 13: translated into food. I think those core essential household items

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Speaker 13: that most Americans of course need, energy and food. We

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Speaker 13: actually will see a continued disinflationary period of lowering of inflation.

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Speaker 13: Where we're likely to see inflation is in areas where

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Speaker 13: imports are now being hit very hard by the terraffs,

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Speaker 13: so consumer goods from China, apparel from China or Vietnam,

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Speaker 13: or otherwise. After Trump's first round of tariffs, a lot

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Speaker 13: of production shifted China into Vietnam. People forget that Vietnam

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Speaker 13: is still a communist country, It is not one of

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Speaker 13: our allies. It benefited over that short term, and now

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Speaker 13: we've seen in over the weekend, Vietnam has come to

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Speaker 13: the table and offered President Trump zero terrass on US imports.

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Speaker 13: Now you need to look at how much a benefit

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Speaker 13: that's going to cause or not. But the point is

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Speaker 13: it was mentioned a few minutes ago, Terrence, you mentioned

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Speaker 13: Taiwan coming to the table, Vietnam coming to the table.

439
00:23:15,000 --> 00:23:18,080
Speaker 13: US consumers will be impacted. We should expect that there

440
00:23:18,119 --> 00:23:21,040
Speaker 13: is going to be continued high inflation, in structural items,

441
00:23:21,480 --> 00:23:25,320
Speaker 13: autos steal all of those things, but daily goods are

442
00:23:25,440 --> 00:23:27,080
Speaker 13: likely to be less impacted than feared.

443
00:23:28,000 --> 00:23:31,480
Speaker 5: Okay, Michael, I just have some basic questions here. So

444
00:23:31,560 --> 00:23:33,840
Speaker 5: I know you don't have a crystal ball, but if

445
00:23:33,880 --> 00:23:38,560
Speaker 5: people are throwing around, hang on for six to nine months.

446
00:23:38,600 --> 00:23:41,240
Speaker 5: If you have money in the market right now, don't

447
00:23:41,240 --> 00:23:45,480
Speaker 5: freak out. Where does that six to nine month timeframe

448
00:23:45,600 --> 00:23:46,080
Speaker 5: come from.

449
00:23:47,640 --> 00:23:49,840
Speaker 13: I don't know that it comes from anywhere as precise.

450
00:23:49,960 --> 00:23:52,920
Speaker 13: I think it is recognizing past patterns and markets where

451
00:23:52,920 --> 00:23:57,359
Speaker 13: you've seen these very sharp downturns overreaction. You know, last

452
00:23:57,359 --> 00:23:59,320
Speaker 13: week I mentioned we were down ten percent in the markets.

453
00:23:59,359 --> 00:24:01,520
Speaker 13: It was also on Friday, the busiest day ever in

454
00:24:01,600 --> 00:24:05,040
Speaker 13: terms of the number of equity transactions, and short sellers

455
00:24:05,040 --> 00:24:07,240
Speaker 13: are at their peak. So the market is in a

456
00:24:07,240 --> 00:24:09,080
Speaker 13: bit of a is in a panic right now. I

457
00:24:09,080 --> 00:24:10,520
Speaker 13: think it's fair to call it what it is. It's

458
00:24:10,520 --> 00:24:12,840
Speaker 13: a bit of a panic. It's best for investors not

459
00:24:12,880 --> 00:24:15,800
Speaker 13: to follow along a panic. Six to nine months, says,

460
00:24:16,320 --> 00:24:20,359
Speaker 13: give time for the impact of these terrorists to show

461
00:24:20,840 --> 00:24:24,280
Speaker 13: show themselves out, show that the sky is not falling.

462
00:24:24,560 --> 00:24:28,199
Speaker 13: The US economy is still the largest invest in the world,

463
00:24:28,520 --> 00:24:31,359
Speaker 13: and if we talk about markets, it still represents something

464
00:24:31,400 --> 00:24:36,280
Speaker 13: like seventy percent of global market capitalization. There is no alternative.

465
00:24:36,359 --> 00:24:38,639
Speaker 13: Japan's done an alternative, the EUS not an alternative, in

466
00:24:38,720 --> 00:24:41,760
Speaker 13: China's not an alternative. We're still in a much stronger

467
00:24:41,800 --> 00:24:45,800
Speaker 13: position and the long term effects of these policies will

468
00:24:46,040 --> 00:24:48,560
Speaker 13: benefit the US. Is that three months, is it six

469
00:24:48,640 --> 00:24:52,080
Speaker 13: or nine? No one knows, but it should be very

470
00:24:52,200 --> 00:24:55,520
Speaker 13: quick and a relatively short term pain before we see

471
00:24:55,640 --> 00:24:58,280
Speaker 13: we see some of these benefits starting to come to fruition.

472
00:24:58,600 --> 00:25:03,040
Speaker 4: Oh, Michael, well, I'm also on the back end of that.

473
00:25:03,359 --> 00:25:07,640
Speaker 5: I'm curious where does gold and silver fit in. And

474
00:25:08,240 --> 00:25:11,600
Speaker 5: also crypto. You know, there's been so much talk of bitcoin.

475
00:25:13,160 --> 00:25:15,760
Speaker 13: So we've seen bitcoin get hit very hard, down to

476
00:25:16,040 --> 00:25:20,000
Speaker 13: seventy five thousand overnight just from eighty nine last week,

477
00:25:20,240 --> 00:25:23,720
Speaker 13: one hundred thousand only a couple of months ago. Part

478
00:25:23,720 --> 00:25:26,200
Speaker 13: of what we're seeing is just the liquidity coming out

479
00:25:26,200 --> 00:25:27,960
Speaker 13: of the market, as we've seen this massive selling and

480
00:25:28,000 --> 00:25:31,160
Speaker 13: equity markets people are looking for liquidity anywhere they can,

481
00:25:31,240 --> 00:25:34,879
Speaker 13: so crypto's getting hit. Gold and silver have continued to

482
00:25:34,880 --> 00:25:37,840
Speaker 13: be strong, and one of the reasons I believe that gold, silver,

483
00:25:37,960 --> 00:25:41,360
Speaker 13: and crypto bitcoin in particular will continue to perform despite

484
00:25:41,359 --> 00:25:44,679
Speaker 13: the pullback is that there is a reason to believe

485
00:25:44,680 --> 00:25:48,760
Speaker 13: that we will still have a high inflationary environment structurally

486
00:25:49,040 --> 00:25:52,199
Speaker 13: for the reasons we just talked about over the foreseeable future,

487
00:25:52,520 --> 00:25:55,240
Speaker 13: gold and silver traditional inflationary hedges.

488
00:25:55,560 --> 00:25:57,440
Speaker 7: What the market is saying and why.

489
00:25:57,280 --> 00:25:59,880
Speaker 13: Gold has performed and silver has performed is that there's

490
00:26:00,040 --> 00:26:03,199
Speaker 13: still there is concern that inflation is with us for

491
00:26:03,240 --> 00:26:07,240
Speaker 13: a lot longer, that the tariffs will be pro inflationary

492
00:26:07,320 --> 00:26:09,399
Speaker 13: at least in the short to medium term. Over the

493
00:26:09,520 --> 00:26:12,119
Speaker 13: very long run, it might be disinflationary deflationary, but for

494
00:26:12,200 --> 00:26:14,760
Speaker 13: now it does appear that we have inflation.

495
00:26:14,920 --> 00:26:16,920
Speaker 7: With inflation comes.

496
00:26:16,600 --> 00:26:19,520
Speaker 13: A desire to hold hard assets that will retain their

497
00:26:19,600 --> 00:26:23,240
Speaker 13: value gold, silver, and potentially bitcoin.

498
00:26:24,400 --> 00:26:27,040
Speaker 1: Michael, less than a minute left of those four on one.

499
00:26:27,119 --> 00:26:30,080
Speaker 1: K's great if you can hang in there six months,

500
00:26:30,080 --> 00:26:33,000
Speaker 1: a year longer, obviously, you know time just leave it

501
00:26:33,040 --> 00:26:35,439
Speaker 1: in the market. What about folks that we're ready to

502
00:26:35,480 --> 00:26:39,080
Speaker 1: retire this month, in the next month, what's the answer

503
00:26:39,200 --> 00:26:43,560
Speaker 1: to them? Continue to work, I mean, what's the answer.

504
00:26:45,080 --> 00:26:47,760
Speaker 13: It's an unpleasant time for a lot of people to

505
00:26:47,840 --> 00:26:51,800
Speaker 13: see your stock for they go down creates a visceral fear.

506
00:26:51,840 --> 00:26:53,679
Speaker 7: It's a neurological reaction. It's panic.

507
00:26:54,160 --> 00:26:57,120
Speaker 13: And my word encouragement would be to say, don't give

508
00:26:57,160 --> 00:27:00,400
Speaker 13: into fear, look to the horizon, realize that this too

509
00:27:00,440 --> 00:27:03,400
Speaker 13: shall pass, and keep going. For some people, we all

510
00:27:03,480 --> 00:27:05,680
Speaker 13: have to make trade offfs, financial trade offfs. We may

511
00:27:05,720 --> 00:27:09,160
Speaker 13: have to find other ways to save money, spend less.

512
00:27:09,560 --> 00:27:12,359
Speaker 13: It's the same old formula. But don't give up. Hope

513
00:27:12,600 --> 00:27:16,120
Speaker 13: this will pass. Don't live by fear. Believe that you're

514
00:27:16,119 --> 00:27:16,840
Speaker 13: going to get through this.

515
00:27:17,800 --> 00:27:20,960
Speaker 1: Michael Werkerson, great advice. Thank you so much for being here.

516
00:27:21,119 --> 00:27:26,120
Speaker 1: Really could use that mover today. Thank you, appreciate it all. Right,

517
00:27:26,200 --> 00:27:28,320
Speaker 1: coming up, what is one of the best ways to

518
00:27:28,359 --> 00:27:31,040
Speaker 1: track your heart health? Turns out has been with us

519
00:27:31,119 --> 00:27:33,200
Speaker 1: for a long time. We're going to talk about that,

520
00:27:33,320 --> 00:27:36,919
Speaker 1: but first, Israel emits a grizzly mistake on a recent

521
00:27:37,000 --> 00:27:48,119
Speaker 1: strike that costs lies. Those details. Next, on American Sunrise.

522
00:27:57,359 --> 00:27:59,960
Speaker 4: We're looking at a live shot of Flasky news.

523
00:28:01,920 --> 00:28:06,040
Speaker 5: Everybody's getting up early Monday morning, head into work.

524
00:28:07,000 --> 00:28:08,960
Speaker 4: Hopefully it's going to be a great day.

525
00:28:09,680 --> 00:28:09,920
Speaker 7: Well.

526
00:28:09,920 --> 00:28:13,240
Speaker 5: Welcome back to American Sunrise. I'm Allison hans in for

527
00:28:13,520 --> 00:28:16,800
Speaker 5: doctor Gina. Thank you so much for joining us. Time

528
00:28:16,840 --> 00:28:20,240
Speaker 5: now for today's health news, sponsored by the Wellness Company.

529
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Speaker 5: Under the Microscope Today, the importance of heart health and

530
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Speaker 5: the best ways to measure it. Scientists are now saying

531
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Speaker 5: our smart watches are one of the most efficient ways

532
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Speaker 5: to measure heart health. Things like Apple watches and fitbits

533
00:28:34,400 --> 00:28:37,080
Speaker 5: were used in a study to measure someone's daily heart

534
00:28:37,160 --> 00:28:40,800
Speaker 5: rate per step. They tried to show how efficient one's

535
00:28:40,800 --> 00:28:44,000
Speaker 5: heart was. The higher the number, the faster the heartbeat

536
00:28:44,120 --> 00:28:46,560
Speaker 5: to pump the needed blood across the body.

537
00:28:47,000 --> 00:28:47,160
Speaker 3: Well.

538
00:28:47,200 --> 00:28:50,000
Speaker 5: The people with the higher numbers were at higher risk

539
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Speaker 5: for type two diabetes and other heart problems. To bring

540
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Speaker 5: the number down, doctors recommend eating healthier and exercising war well.

541
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Speaker 5: It is a new day in America and a new

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Speaker 5: and optimism about the future, but the reality is there's

544
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Speaker 5: a lot of work to do, especially when it comes

545
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Speaker 5: to fixing our broken healthcare system. The truth is that

546
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Speaker 5: the forces that are responsible for breaking our healthcare system

547
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Speaker 5: aren't going to simply go away. The challenges our system

548
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Speaker 5: faces won't disappear overnight. Now more than ever, you need

549
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Speaker 5: to be prepared, and that's where.

550
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Speaker 4: The Wellness Company comes in.

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566
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Speaker 4: Now let's send it over to David.

567
00:30:19,840 --> 00:30:23,120
Speaker 1: Thank you, Alison appreciate it. Happy Monday to you, happy money,

568
00:30:24,160 --> 00:30:27,280
Speaker 1: Thank you. Israeli Prime Minister of Benjaminett Yahoo is going

569
00:30:27,320 --> 00:30:29,320
Speaker 1: to meet with President Trump at the White House today.

570
00:30:29,480 --> 00:30:32,080
Speaker 1: This will be the second meeting between the two world

571
00:30:32,160 --> 00:30:35,160
Speaker 1: leaders since President Trump has been back in the White House.

572
00:30:35,160 --> 00:30:37,479
Speaker 1: They're going to talk tariffs for sure, since Israel has

573
00:30:37,520 --> 00:30:40,760
Speaker 1: eliminated their tariffs on US goods, but President Trump put

574
00:30:40,760 --> 00:30:45,000
Speaker 1: a seventeen percent tariff on Israeli goods coming into the US.

575
00:30:45,000 --> 00:30:48,360
Speaker 1: It's also the first meeting since hostilities between Israel and

576
00:30:48,360 --> 00:30:52,040
Speaker 1: Hamas have escalated. For more, let's bring in former Israeli

577
00:30:52,040 --> 00:30:55,640
Speaker 1: diplomat Shaharazani. Shahar, great to have you with us. So

578
00:30:56,280 --> 00:30:59,800
Speaker 1: tariffs and the war in Gaza obviously going to be discussed.

579
00:30:59,800 --> 00:31:04,320
Speaker 1: But what about Iran and possibly some coordinated action against Tehran.

580
00:31:04,440 --> 00:31:06,880
Speaker 1: It seems to me like you don't come halfway across

581
00:31:06,920 --> 00:31:10,280
Speaker 1: the world to talk terriffs. Necessarily, you can do that

582
00:31:10,400 --> 00:31:13,080
Speaker 1: on the phone. Iran seems to be I think the

583
00:31:13,680 --> 00:31:15,600
Speaker 1: real big issue here. Do you see it that way?

584
00:31:15,760 --> 00:31:15,960
Speaker 7: Now?

585
00:31:16,880 --> 00:31:20,480
Speaker 14: Good morning and happy Monday to you David and Allison. Yes,

586
00:31:20,520 --> 00:31:23,280
Speaker 14: you're absolutely correct. I think that there is a lot

587
00:31:23,320 --> 00:31:26,760
Speaker 14: on the table now when it comes to the Middle East,

588
00:31:26,840 --> 00:31:30,360
Speaker 14: and specifically when you think about the tight coordination between

589
00:31:30,400 --> 00:31:34,400
Speaker 14: the US administration and Israel in light of a tumultuous

590
00:31:34,440 --> 00:31:38,480
Speaker 14: and changing region. We have seen an administration that has

591
00:31:38,520 --> 00:31:41,200
Speaker 14: put its foot down. We have seen a new sheriff

592
00:31:41,240 --> 00:31:44,240
Speaker 14: in town that is carrying a very big stick, and

593
00:31:44,320 --> 00:31:48,600
Speaker 14: that stick is reverberating throughout the Middle East. And you

594
00:31:48,720 --> 00:31:51,600
Speaker 14: are correct to point the finger at the head of

595
00:31:51,640 --> 00:31:54,080
Speaker 14: the octopus, the head of the snake, and that is

596
00:31:54,120 --> 00:31:57,880
Speaker 14: the terrorist Iranian regime that as long as it is

597
00:31:57,920 --> 00:32:01,720
Speaker 14: still in place and able to fund money into the

598
00:32:01,760 --> 00:32:05,520
Speaker 14: different parts of the Middle East to continue to destabilize it,

599
00:32:05,800 --> 00:32:09,920
Speaker 14: we will see terror. Only yesterday, Israel's Minister of Defense

600
00:32:09,960 --> 00:32:14,480
Speaker 14: exposed another letter from the abominable Yehesinoar, who was taken

601
00:32:14,520 --> 00:32:18,120
Speaker 14: out by Israel and who masterminded the October seventh massacre,

602
00:32:18,560 --> 00:32:23,080
Speaker 14: asking for five hundred million dollars from the Iranian regime

603
00:32:23,640 --> 00:32:26,960
Speaker 14: to eliminate the Jewish state. And that is in the

604
00:32:27,000 --> 00:32:30,440
Speaker 14: face by the way of a terrible economic situation in Iran.

605
00:32:30,480 --> 00:32:32,920
Speaker 14: There are many people in Iran who are very upset

606
00:32:33,000 --> 00:32:38,160
Speaker 14: with the regime for its continuous fundling of funds into jihad.

607
00:32:38,320 --> 00:32:40,120
Speaker 14: As opposed to what they need back home.

608
00:32:40,560 --> 00:32:44,120
Speaker 5: Also, shahar I wanted to show you this video where

609
00:32:44,240 --> 00:32:50,120
Speaker 5: Israel admitted some mistakes were made. This video shows Israel

610
00:32:50,560 --> 00:32:56,600
Speaker 5: killing at least fifteen emergency workers in Gaza, possibly Hamas

611
00:32:56,600 --> 00:32:57,800
Speaker 5: members among them.

612
00:32:58,520 --> 00:33:00,400
Speaker 4: What are your thoughts on this?

613
00:33:00,520 --> 00:33:05,400
Speaker 14: Your response, any such death of a medic or an

614
00:33:05,480 --> 00:33:09,480
Speaker 14: uninvolved individual is truly a tragic incident that the IDF

615
00:33:09,520 --> 00:33:12,680
Speaker 14: and the State of Israel have never ever had any

616
00:33:12,720 --> 00:33:16,080
Speaker 14: intention of perpetrating. However, we have to look this in

617
00:33:16,120 --> 00:33:19,160
Speaker 14: the general context. First of all, it's the context of war,

618
00:33:19,280 --> 00:33:23,320
Speaker 14: and sadly, war will bring about tragic incidents like this.

619
00:33:23,640 --> 00:33:26,760
Speaker 14: And the second and most important of all is Hamas's

620
00:33:26,840 --> 00:33:31,280
Speaker 14: continuous use of not just human shields, but human sacrifice.

621
00:33:31,320 --> 00:33:36,200
Speaker 14: They have been known to use schools, ambulances, medics, supposed

622
00:33:36,280 --> 00:33:40,959
Speaker 14: journalists as modes to transport terrorists from one location to another,

623
00:33:41,280 --> 00:33:45,600
Speaker 14: including using ambulances to transport rockets and weapons. Just yesterday,

624
00:33:46,080 --> 00:33:50,400
Speaker 14: Hamas launched ten rockets into Israel from the central Gaza

625
00:33:50,400 --> 00:33:54,360
Speaker 14: strip or supposedly it's a humanitarian region. So as much

626
00:33:54,400 --> 00:33:57,480
Speaker 14: as you know, the IDEF regrets and we'll definitely look

627
00:33:57,520 --> 00:34:01,400
Speaker 14: into this incident, we should look into this in the grander,

628
00:34:01,680 --> 00:34:04,840
Speaker 14: broader context of what Hamas is doing on the ground

629
00:34:05,080 --> 00:34:09,279
Speaker 14: in exposing gossans of all kinds, of all ranks to

630
00:34:09,600 --> 00:34:11,279
Speaker 14: such horrible incidents.

631
00:34:11,640 --> 00:34:14,440
Speaker 1: No doubt about it. Finally, Shahar, let me show you this.

632
00:34:14,600 --> 00:34:17,600
Speaker 1: President Trump shared this video of the recent attack against

633
00:34:17,640 --> 00:34:21,799
Speaker 1: the hooties. Trump actually posted on truth social along with

634
00:34:21,880 --> 00:34:26,280
Speaker 1: saying this, these houthies gather for instructions on an attack. Oops,

635
00:34:26,760 --> 00:34:28,920
Speaker 1: there will be no attack by these hooties. They will

636
00:34:28,920 --> 00:34:31,959
Speaker 1: never sink our ships again. And with that ex post

637
00:34:32,080 --> 00:34:34,640
Speaker 1: or excuse me, truth post, he actually showed the video

638
00:34:35,040 --> 00:34:39,680
Speaker 1: of the houties getting inn escence demolished there from the air.

639
00:34:40,480 --> 00:34:42,760
Speaker 1: What do you make of the Trump strikes on the hooties?

640
00:34:43,000 --> 00:34:46,279
Speaker 1: Will it help? I mean, obviously it's going to help,

641
00:34:46,280 --> 00:34:48,960
Speaker 1: But what about kind of where this goes in the future.

642
00:34:49,920 --> 00:34:51,880
Speaker 14: Well, first of all, it's already helping. There is an

643
00:34:51,960 --> 00:34:55,200
Speaker 14: understanding that this administration is showing that the hooth is

644
00:34:55,239 --> 00:34:57,400
Speaker 14: in the m and are not just to risk the Israel,

645
00:34:57,719 --> 00:34:59,840
Speaker 14: They are a global threat that needs to be the

646
00:35:00,040 --> 00:35:04,000
Speaker 14: out with, including their puppet masters in Tehran. So I

647
00:35:04,040 --> 00:35:06,840
Speaker 14: think this is a great message because here is the

648
00:35:06,880 --> 00:35:11,200
Speaker 14: logic David. The more you show strength, the better your

649
00:35:11,280 --> 00:35:15,080
Speaker 14: chances are to avoid an all encompassing war, because there

650
00:35:15,120 --> 00:35:18,480
Speaker 14: is an element of the terrence. The more you show weakness,

651
00:35:18,840 --> 00:35:22,760
Speaker 14: the more likely you are to face terrible war consequences.

652
00:35:22,800 --> 00:35:27,080
Speaker 14: So I believe in Trump's policies of peace through strength.

653
00:35:27,200 --> 00:35:30,680
Speaker 14: We're already seeing this policy reverberating through.

654
00:35:30,560 --> 00:35:31,160
Speaker 1: The Middle East.

655
00:35:31,200 --> 00:35:35,000
Speaker 14: Only this morning, we've heard reports that the Shei militias

656
00:35:35,040 --> 00:35:38,280
Speaker 14: in Iraq are going to this arm as a result

657
00:35:38,400 --> 00:35:41,680
Speaker 14: of Trump's credible threat of an attack on Iraq. So

658
00:35:41,719 --> 00:35:45,799
Speaker 14: here you see an exact example of the efficiency of

659
00:35:45,840 --> 00:35:48,080
Speaker 14: this policy, and I hope that we will continue to

660
00:35:48,120 --> 00:35:51,120
Speaker 14: do so as we chisel and new, more stable, more

661
00:35:51,120 --> 00:35:53,239
Speaker 14: peaceful Middle East for the benefit.

662
00:35:52,920 --> 00:35:53,480
Speaker 3: Of all of us.

663
00:35:54,239 --> 00:35:57,160
Speaker 5: Shahar A Zani, thank you so much for being here

664
00:35:57,200 --> 00:35:59,600
Speaker 5: this morning and helping us understand all of this.

665
00:36:00,160 --> 00:36:00,839
Speaker 4: Appreciate it.

666
00:36:01,440 --> 00:36:01,759
Speaker 7: Thank you.

667
00:36:01,800 --> 00:36:03,719
Speaker 1: Happy Monday coming up.

668
00:36:04,080 --> 00:36:08,359
Speaker 5: Protests broke out across the country, slamming President Trump and

669
00:36:08,440 --> 00:36:12,640
Speaker 5: his policies. How is Team Trump responding? We have the

670
00:36:12,719 --> 00:36:15,480
Speaker 5: latest next on American Sunrise.

671
00:36:41,480 --> 00:36:42,040
Speaker 6: Welcome back.

672
00:36:42,040 --> 00:36:46,080
Speaker 15: I'm an American Sunrise correspondent Emily Finn. Time now to stay awake,

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Speaker 6: Darn good coffee.

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Speaker 15: They're making coffee great again, because, let's face it, the

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Speaker 15: boost without the additives. And if you want the real deal,

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Speaker 15: dark roast hits harder than a Trump rally in the

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700
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Speaker 6: Rights.

701
00:38:02,120 --> 00:38:04,520
Speaker 15: All right, Well, now that we are caffeinated, it's time

702
00:38:04,560 --> 00:38:07,520
Speaker 15: to stay awake, not woke. And what's woke today? This

703
00:38:07,640 --> 00:38:12,000
Speaker 15: weekend's so called hands off protests sparking up across the country,

704
00:38:12,239 --> 00:38:15,680
Speaker 15: with thousands demonstrating against President Trump and the Department of

705
00:38:15,719 --> 00:38:20,680
Speaker 15: Government Efficiencies efforts to eliminate wasteful federal spending. The protests

706
00:38:20,760 --> 00:38:23,600
Speaker 15: broke out over the weekend in several woke liberal cities

707
00:38:23,600 --> 00:38:27,760
Speaker 15: from New York to Portland to Los Angeles. Demonstrators railed

708
00:38:27,760 --> 00:38:32,200
Speaker 15: against cuts to the Social Security Administration, mass deportation efforts,

709
00:38:32,239 --> 00:38:36,640
Speaker 15: and the undoing of DEI policies nationwide as well. One

710
00:38:36,640 --> 00:38:39,080
Speaker 15: of the protests happened at the National Mall in DC.

711
00:38:39,560 --> 00:38:41,600
Speaker 15: Take a listen to what some of the protesters there

712
00:38:41,680 --> 00:38:42,200
Speaker 15: had to say.

713
00:38:42,920 --> 00:38:45,240
Speaker 16: I mean, the things that he's doing is not trying

714
00:38:45,239 --> 00:38:50,319
Speaker 16: to make America better. He's ruining our infrastructure, every department

715
00:38:50,760 --> 00:38:55,880
Speaker 16: in our government. He's ruining, and he's right now destroying

716
00:38:55,920 --> 00:38:59,640
Speaker 16: our economy. He's taken away all of our allies.

717
00:38:59,640 --> 00:39:01,120
Speaker 6: Where pariah in the world.

718
00:39:02,360 --> 00:39:08,040
Speaker 17: I see this administration dismantling democracy in ways large and small.

719
00:39:08,239 --> 00:39:12,359
Speaker 17: I see the people who are resisting not resisting they

720
00:39:12,400 --> 00:39:16,840
Speaker 17: should be is basically Congress, and it's upsetting, you know.

721
00:39:16,920 --> 00:39:18,560
Speaker 17: I mean, I think there's real danger that we're going

722
00:39:18,600 --> 00:39:21,480
Speaker 17: to lose our democracy.

723
00:39:22,440 --> 00:39:25,360
Speaker 15: When asked about the hands off protest, the Trump administration

724
00:39:25,640 --> 00:39:29,760
Speaker 15: issued this statement saying, quote President Trump's position is clear.

725
00:39:30,080 --> 00:39:33,480
Speaker 15: He will always protect social Security, Medicare, and Medicaid for

726
00:39:33,560 --> 00:39:38,160
Speaker 15: eligible beneficiaries. Meanwhile, the Democrats' stances giving social Security and

727
00:39:38,239 --> 00:39:42,640
Speaker 15: Medicare benefits to illegal aliens, which will bankrupt these programs

728
00:39:42,680 --> 00:39:46,040
Speaker 15: and crush American seniors. Let's bring in David Terrence and

729
00:39:46,080 --> 00:39:47,000
Speaker 15: Allison for more.

730
00:39:47,080 --> 00:39:47,319
Speaker 6: Here.

731
00:39:47,640 --> 00:39:50,759
Speaker 15: Were you surprised to see how many of these protests

732
00:39:51,000 --> 00:39:52,360
Speaker 15: popped up all over the country?

733
00:39:52,360 --> 00:39:53,680
Speaker 6: Allison, let's start with you here.

734
00:39:54,360 --> 00:39:59,799
Speaker 5: Okay, I wasn't surprised, I buy how many protests popped up.

735
00:40:00,000 --> 00:40:03,800
Speaker 5: I was surprised at how ill informed so many of

736
00:40:03,840 --> 00:40:08,560
Speaker 5: the protesters were. And the people that we showed this morning,

737
00:40:08,880 --> 00:40:12,719
Speaker 5: those were people that actually had something to say. I

738
00:40:12,760 --> 00:40:15,440
Speaker 5: saw so many soundbites over the weekend of people who

739
00:40:15,480 --> 00:40:18,680
Speaker 5: had no idea why they were at the protest. I mean,

740
00:40:18,719 --> 00:40:21,480
Speaker 5: some people were there the save the trees, some people

741
00:40:21,520 --> 00:40:24,840
Speaker 5: were there for abortion rights, some people were there about

742
00:40:25,360 --> 00:40:29,720
Speaker 5: Elon Musk. I mean it was an absolute hounch podge.

743
00:40:29,760 --> 00:40:33,120
Speaker 5: And that's where I think these protests become problematic, because

744
00:40:33,480 --> 00:40:36,920
Speaker 5: I think you can see a thread to like the

745
00:40:37,000 --> 00:40:42,120
Speaker 5: pink hats from the Women's march, okay, and then if

746
00:40:42,200 --> 00:40:45,319
Speaker 5: you look at like the George Floyd marches, When you

747
00:40:45,360 --> 00:40:48,480
Speaker 5: look at those type of marches, it becomes like a

748
00:40:48,520 --> 00:40:52,200
Speaker 5: big soup for anyone that has any problem with Donald

749
00:40:52,239 --> 00:40:55,360
Speaker 5: Trump to just jump on board and start protesting in

750
00:40:55,400 --> 00:40:55,960
Speaker 5: the streets.

751
00:40:56,200 --> 00:41:00,920
Speaker 4: And there's no real coherent message. So I thought it was.

752
00:41:01,040 --> 00:41:05,680
Speaker 5: Sloppy, uh, messy, and it's not a protest that I

753
00:41:06,040 --> 00:41:10,240
Speaker 5: think was certainly inspiring to other people to get on board.

754
00:41:12,760 --> 00:41:14,719
Speaker 1: Yeah. Well, I've got a few things to say about it.

755
00:41:14,760 --> 00:41:16,759
Speaker 1: First of all, it was a liberal it was a

756
00:41:16,800 --> 00:41:19,360
Speaker 1: liberal schmorgas Ward, So I'm glad you brought that up, Allison,

757
00:41:19,400 --> 00:41:19,759
Speaker 1: for sure.

758
00:41:19,800 --> 00:41:21,120
Speaker 7: And if you look at the cities that.

759
00:41:21,120 --> 00:41:25,400
Speaker 1: They were in, Emily, I mean New York, LA, San Francisco, Atlanta.

760
00:41:25,520 --> 00:41:28,520
Speaker 1: You know, YadA, YadA, YadA. In other words, liberal liberal, liberal,

761
00:41:29,239 --> 00:41:31,400
Speaker 1: Wake me. Some would wake me when they have a

762
00:41:31,400 --> 00:41:34,080
Speaker 1: big protest in Macomb County in Michigan, a key swing

763
00:41:34,120 --> 00:41:36,920
Speaker 1: district that President Trump won. Wake me when it's in

764
00:41:36,960 --> 00:41:40,800
Speaker 1: Bucks County outside of Philadelphia, a key suburb that President

765
00:41:40,840 --> 00:41:44,040
Speaker 1: Trump won. That would be a story. This is not

766
00:41:44,120 --> 00:41:48,800
Speaker 1: a story. Liberals gathering in liberal cities to protest Trump. Yeah, okay,

767
00:41:49,080 --> 00:41:54,520
Speaker 1: got it. That That means there's no news really ultimately here.

768
00:41:54,680 --> 00:41:57,359
Speaker 1: Once again, it depends the location is key here?

769
00:41:57,520 --> 00:42:01,160
Speaker 3: T Bates, Yeah, I mean, there's not much to say here.

770
00:42:01,200 --> 00:42:05,000
Speaker 3: They protested, which is their right. President Trump is still

771
00:42:05,000 --> 00:42:08,520
Speaker 3: moving forward with his agenda, which he believes is going

772
00:42:08,560 --> 00:42:12,840
Speaker 3: to help this country. Okay, like, really, what else is

773
00:42:12,880 --> 00:42:16,839
Speaker 3: there to say that. I'm sorry that might seem so simplistic,

774
00:42:16,880 --> 00:42:20,320
Speaker 3: but that's really how I see it. They protested, great, Okay,

775
00:42:20,880 --> 00:42:23,400
Speaker 3: what's the change nothing? President Trump is still moving forward

776
00:42:23,400 --> 00:42:24,040
Speaker 3: with his agenda.

777
00:42:24,480 --> 00:42:27,239
Speaker 4: Okay, Okay, everybody, thank you.

778
00:42:28,080 --> 00:42:30,319
Speaker 3: I mean, I'm sorry to put it that simplistically. It

779
00:42:30,360 --> 00:42:31,520
Speaker 3: probably sounds very shallow.

780
00:42:31,760 --> 00:42:32,600
Speaker 6: Thanks for the conversation.

781
00:42:33,320 --> 00:42:35,920
Speaker 15: The latest season of a multi season series about the

782
00:42:35,960 --> 00:42:38,120
Speaker 15: life of Jesus, is breaking records.

783
00:42:38,440 --> 00:42:41,080
Speaker 6: Find out more from the director of The Chosen.

784
00:42:40,800 --> 00:43:04,640
Speaker 18: When we return, God Bless the U essay.

785
00:43:06,760 --> 00:43:10,080
Speaker 10: In the beginning, God created the heaven and the earth.

786
00:43:17,280 --> 00:43:18,120
Speaker 1: From the least.

787
00:43:18,440 --> 00:43:21,600
Speaker 5: Welcome back to American Sunrise. It's time now for our

788
00:43:21,680 --> 00:43:24,799
Speaker 5: moment of faith. Brought to us by Lee Greenwood and

789
00:43:24,880 --> 00:43:26,760
Speaker 5: the God Bless the USA.

790
00:43:26,400 --> 00:43:28,320
Speaker 4: Bible in focus today.

791
00:43:28,880 --> 00:43:33,320
Speaker 5: The Chosen, the first multi season series about the life

792
00:43:33,360 --> 00:43:37,279
Speaker 5: of Jesus Christ, is breaking records, breaking in more than

793
00:43:37,400 --> 00:43:39,360
Speaker 5: eleven million dollars during.

794
00:43:39,120 --> 00:43:40,120
Speaker 4: Its opening weekend.

795
00:43:40,560 --> 00:43:44,000
Speaker 5: The fifth season of The Chosen saw screenings across nearly

796
00:43:44,080 --> 00:43:47,600
Speaker 5: twenty five hundred theaters around the country, which focuses on

797
00:43:47,680 --> 00:43:51,040
Speaker 5: the Last Supper and the events centering on Holy Week.

798
00:43:51,560 --> 00:43:55,360
Speaker 5: The season dives into the concept of trust of Jesus's

799
00:43:55,440 --> 00:43:58,279
Speaker 5: apostles in the final days of his life.

800
00:43:58,800 --> 00:43:59,920
Speaker 4: Take a look at a preview.

801
00:44:01,440 --> 00:44:02,160
Speaker 1: What's your step and.

802
00:44:02,200 --> 00:44:05,560
Speaker 7: All of you, It's about to get worse.

803
00:44:08,239 --> 00:44:11,720
Speaker 19: Joanna, we know you've spoken with the baptizer John.

804
00:44:12,120 --> 00:44:12,359
Speaker 4: John.

805
00:44:12,440 --> 00:44:13,200
Speaker 18: Something's happening.

806
00:44:13,520 --> 00:44:13,960
Speaker 5: John is a.

807
00:44:13,960 --> 00:44:16,880
Speaker 20: Plumbly going to tell you, babe.

808
00:44:16,920 --> 00:44:18,640
Speaker 18: Shmuel has been promoted.

809
00:44:18,440 --> 00:44:21,200
Speaker 20: The entire Sanhedrin will know of your talent.

810
00:44:21,680 --> 00:44:25,600
Speaker 18: Blessed are you Simon son of Johnah today?

811
00:44:26,239 --> 00:44:27,520
Speaker 3: Of course, Peter.

812
00:44:29,040 --> 00:44:32,840
Speaker 1: Rock that is on this rock that I will build

813
00:44:32,880 --> 00:44:33,480
Speaker 1: my church.

814
00:44:33,920 --> 00:44:36,239
Speaker 3: Jesus has the best and devoted.

815
00:44:35,760 --> 00:44:41,200
Speaker 5: Following and joining me now on American Sunrise is the

816
00:44:41,280 --> 00:44:44,160
Speaker 5: creator and executive producer of The Chosen.

817
00:44:44,760 --> 00:44:48,280
Speaker 4: Dallas Jenkins. Good morning, Dallas.

818
00:44:48,640 --> 00:44:51,280
Speaker 21: Good morning, Thanks for having me on, Oh our pleasure.

819
00:44:51,320 --> 00:44:55,360
Speaker 5: Well, congratulations on the success of your latest season. What

820
00:44:55,560 --> 00:44:59,600
Speaker 5: is your reaction to this incredible reception of your work.

821
00:45:00,640 --> 00:45:02,840
Speaker 21: Yeah, it's been really beautiful to see to see this

822
00:45:03,040 --> 00:45:07,719
Speaker 21: show hitting the mainstream the pop culture. Because when you've

823
00:45:07,719 --> 00:45:09,560
Speaker 21: got the story of Jesus, you don't want it to

824
00:45:09,680 --> 00:45:12,040
Speaker 21: just be relegated to only the church. You don't want

825
00:45:12,040 --> 00:45:15,040
Speaker 21: it to be relegated to only the people who are

826
00:45:15,400 --> 00:45:17,839
Speaker 21: avid Bible readers. This is a story for everybody, and.

827
00:45:17,760 --> 00:45:18,640
Speaker 3: That's what we've been seeing.

828
00:45:18,680 --> 00:45:21,480
Speaker 21: And so opening weekend, as you mentioned, was our biggest

829
00:45:21,520 --> 00:45:25,080
Speaker 21: weekend that we've had ever and just this current weekend,

830
00:45:25,520 --> 00:45:28,640
Speaker 21: just these last few days, Part two of season five

831
00:45:28,719 --> 00:45:31,400
Speaker 21: came out and it's been an extraordinary response as well,

832
00:45:32,040 --> 00:45:35,200
Speaker 21: So it's pretty overwhelming. It's pretty exciting.

833
00:45:35,320 --> 00:45:35,920
Speaker 4: That's awesome.

834
00:45:35,960 --> 00:45:39,239
Speaker 5: So did you start off with the streaming and now

835
00:45:39,280 --> 00:45:41,920
Speaker 5: this seems to be kind of an unusual move to

836
00:45:42,040 --> 00:45:43,440
Speaker 5: go into theaters.

837
00:45:43,480 --> 00:45:44,320
Speaker 4: How did that happen?

838
00:45:45,280 --> 00:45:47,680
Speaker 21: Yeah, there's never been a TV show that launches in

839
00:45:47,760 --> 00:45:50,640
Speaker 21: theaters for its seasons. We decided a few years ago

840
00:45:51,320 --> 00:45:53,080
Speaker 21: during a Christmas special that we had. We have a

841
00:45:53,080 --> 00:45:55,640
Speaker 21: couple of special Christmas episodes, and we decided to go

842
00:45:55,640 --> 00:45:57,840
Speaker 21: ahead and release those in theaters, and it did so

843
00:45:57,960 --> 00:46:00,600
Speaker 21: well that we thought, Okay, well, this hasn't been done before,

844
00:46:00,640 --> 00:46:03,360
Speaker 21: but what if we opened each season by releasing it

845
00:46:03,400 --> 00:46:07,239
Speaker 21: in theaters, giving our fans and viewers an opportunity to

846
00:46:07,400 --> 00:46:09,319
Speaker 21: gather to see this on the big screen. Because we

847
00:46:09,360 --> 00:46:11,839
Speaker 21: filmed the show like it's a big screen show, it's

848
00:46:11,880 --> 00:46:14,799
Speaker 21: not just a TV show. We use the cameras we

849
00:46:14,920 --> 00:46:17,840
Speaker 21: use and the production values are ready for the big screen,

850
00:46:17,840 --> 00:46:19,759
Speaker 21: and so we thought, well, let's just try it. You know,

851
00:46:19,800 --> 00:46:21,560
Speaker 21: it's never been done before. We'd like to do things

852
00:46:21,560 --> 00:46:24,320
Speaker 21: that are different. We're one of the only free shows

853
00:46:24,320 --> 00:46:27,000
Speaker 21: in the world. We started out as a crowdfunded show,

854
00:46:27,080 --> 00:46:30,000
Speaker 21: so we thought, well, let's just keep trying to disrupt things.

855
00:46:30,040 --> 00:46:31,719
Speaker 21: And it just continued to do well. So we thought,

856
00:46:31,719 --> 00:46:34,399
Speaker 21: all right, let's do the whole season. So parts one, two,

857
00:46:34,520 --> 00:46:37,799
Speaker 21: and three of season five are coming out and parts

858
00:46:37,840 --> 00:46:41,120
Speaker 21: one and two are in theaters currently this whole month.

859
00:46:41,520 --> 00:46:43,839
Speaker 5: Did you ever think that a couple of years ago,

860
00:46:43,880 --> 00:46:46,319
Speaker 5: I mean, like you know, you think Hollywood theaters, you

861
00:46:46,360 --> 00:46:50,319
Speaker 5: can't get any type of Christian theme show into a

862
00:46:50,400 --> 00:46:53,560
Speaker 5: theater that it would actually be opening in movie theaters.

863
00:46:53,600 --> 00:46:54,880
Speaker 5: I mean, was there any pushback?

864
00:46:56,920 --> 00:47:02,040
Speaker 21: Well, the theaters love to have that do well, so

865
00:47:02,440 --> 00:47:05,840
Speaker 21: when they are analyzing what they want in their theaters,

866
00:47:05,880 --> 00:47:08,560
Speaker 21: they're not looking at the faith or lack of faith content.

867
00:47:08,600 --> 00:47:10,440
Speaker 21: They're looking at whether or not it can make money.

868
00:47:10,880 --> 00:47:14,040
Speaker 21: And when we first tried this, it did so well.

869
00:47:14,440 --> 00:47:17,959
Speaker 21: Our distributor is Fathom Entertainment, who's had success with faith

870
00:47:18,000 --> 00:47:19,120
Speaker 21: based products before, so.

871
00:47:19,080 --> 00:47:20,560
Speaker 1: They have no issues with it.

872
00:47:21,000 --> 00:47:23,719
Speaker 21: And what we're seeing around the world right now and

873
00:47:23,840 --> 00:47:28,680
Speaker 21: especially here in the States, is streamers like Amazon, which

874
00:47:28,680 --> 00:47:31,480
Speaker 21: has taken on our show now and putting it on

875
00:47:31,560 --> 00:47:35,040
Speaker 21: their platform as of this moment. House of David, which

876
00:47:35,080 --> 00:47:37,560
Speaker 21: is from The Wonder Project, which is the story a

877
00:47:37,600 --> 00:47:40,600
Speaker 21: TV show about the story of David, and Season four

878
00:47:40,680 --> 00:47:42,480
Speaker 21: of The Chosen, which is what came out last year

879
00:47:42,520 --> 00:47:45,320
Speaker 21: are both in the top ten on Amazon Prime Video.

880
00:47:46,000 --> 00:47:48,719
Speaker 21: The fact that we have two parts of Season five

881
00:47:48,800 --> 00:47:52,399
Speaker 21: currently in the top ten at the box office at

882
00:47:52,400 --> 00:47:57,160
Speaker 21: the same time, this is an extraordinary time for Bible content,

883
00:47:57,360 --> 00:47:59,480
Speaker 21: and so that's the kind of thing that makes studio

884
00:47:59,520 --> 00:48:03,480
Speaker 21: executives go, all right, let's put aside any personal differences

885
00:48:03,520 --> 00:48:05,960
Speaker 21: you might have with this content and get this stuff

886
00:48:05,960 --> 00:48:06,680
Speaker 21: out to more people.

887
00:48:06,880 --> 00:48:13,200
Speaker 5: Well, congratulations, it's absolutely a phenomenal story, and thank you

888
00:48:13,239 --> 00:48:15,080
Speaker 5: so much for joining us today.

889
00:48:15,640 --> 00:48:17,400
Speaker 21: Best of luck, absolutely thanks for having me on.

890
00:48:17,560 --> 00:48:18,400
Speaker 4: Oh our pleasure.

891
00:48:18,960 --> 00:48:21,640
Speaker 5: We'll be back with the second hour of American Sunrise

892
00:48:21,680 --> 00:48:22,440
Speaker 5: in two minutes.

893
00:48:22,719 --> 00:48:23,400
Speaker 4: Stick around.

894
00:48:39,040 --> 00:48:41,840
Speaker 1: Coming up on the second hour of American Sunrise, President

895
00:48:41,880 --> 00:48:46,160
Speaker 1: Trump's tariff plan under fire. The worrying is getting worse,

896
00:48:46,200 --> 00:48:49,160
Speaker 1: and so is the stock market. We will discuss that,

897
00:48:49,320 --> 00:48:53,960
Speaker 1: plus the domino effect of Trump's tariffs from sinking stocks

898
00:48:54,040 --> 00:48:57,040
Speaker 1: your four to one k find out what's ahead for

899
00:48:57,160 --> 00:49:02,080
Speaker 1: your hard earned cash. With the Trump tariffs putting many

900
00:49:02,120 --> 00:49:04,960
Speaker 1: countries on high alert, world leaders want to speak with

901
00:49:05,040 --> 00:49:08,600
Speaker 1: the art of the deal architect as soon as possible,

902
00:49:08,840 --> 00:49:11,520
Speaker 1: so who exactly, Well, we've got those details ahead as

903
00:49:11,520 --> 00:49:20,280
Speaker 1: the second hour of American Sunrise starts right now. Good morning, America.

904
00:49:20,480 --> 00:49:22,040
Speaker 2: Welcome to American Sunrise.

905
00:49:23,239 --> 00:49:24,160
Speaker 3: Well it's culture.

906
00:49:24,320 --> 00:49:25,960
Speaker 2: We have breaking news to share with you.

907
00:49:26,200 --> 00:49:26,839
Speaker 3: Politics.

908
00:49:27,000 --> 00:49:30,400
Speaker 1: President Trump is joining us live now from Florida.

909
00:49:30,960 --> 00:49:31,799
Speaker 3: We've got your couple.

910
00:49:32,480 --> 00:49:34,600
Speaker 1: This is what it looks like to be a patriot.

911
00:49:35,239 --> 00:49:37,160
Speaker 3: We have to protect the American family.

912
00:49:38,040 --> 00:49:40,080
Speaker 2: The American dream is still alive.

913
00:49:41,360 --> 00:49:43,520
Speaker 20: I'm David Brodie, I'm Terrence, and.

914
00:49:43,400 --> 00:49:47,400
Speaker 2: I'm doctor Tina.

915
00:49:49,280 --> 00:49:51,720
Speaker 1: Welcome back, everybody to the second hour of American Sunrise.

916
00:49:51,760 --> 00:49:54,640
Speaker 1: I'm David Brody, coming to you from Washington, DC. Let's

917
00:49:54,640 --> 00:49:57,840
Speaker 1: bring in Alison Hans, who's in West Palm of course

918
00:49:58,040 --> 00:50:00,840
Speaker 1: for the vacationing doctor G. T. Bates, and our Denver newsroom.

919
00:50:01,160 --> 00:50:04,680
Speaker 1: Good morning to you both. So, Allison, look on these tariffs.

920
00:50:05,080 --> 00:50:08,839
Speaker 1: My spidey sense tells me that I think Trump's gonna

921
00:50:08,880 --> 00:50:12,960
Speaker 1: pause these tariffs somehow, some way, maybe not all of them,

922
00:50:13,000 --> 00:50:15,840
Speaker 1: but some of them this week. I think, once the

923
00:50:15,920 --> 00:50:20,160
Speaker 1: market has another probably bad day to day, maybe tomorrow

924
00:50:20,200 --> 00:50:22,720
Speaker 1: as well, I just think we're gonna see some movement.

925
00:50:22,960 --> 00:50:26,280
Speaker 1: I can't imagine that they're just gonna let the market

926
00:50:26,520 --> 00:50:28,160
Speaker 1: just kind of tank like this. I know they say

927
00:50:28,200 --> 00:50:30,879
Speaker 1: that publicly that it's not about the stock market. It's

928
00:50:30,880 --> 00:50:33,080
Speaker 1: about main Street, not Wall Street, not Main Street. But

929
00:50:33,120 --> 00:50:36,040
Speaker 1: I don't know. Something tells me they're gonna pause this

930
00:50:36,120 --> 00:50:38,640
Speaker 1: week somehow, some way. That's my spidy sense.

931
00:50:38,640 --> 00:50:38,879
Speaker 4: Ounse.

932
00:50:39,160 --> 00:50:44,560
Speaker 5: Well, that's a bold statement, some bold spidy senses.

933
00:50:45,640 --> 00:50:46,000
Speaker 3: I don't.

934
00:50:46,320 --> 00:50:46,960
Speaker 4: I don't know.

935
00:50:47,760 --> 00:50:51,400
Speaker 5: However, when I look at the trade deficit, I mean,

936
00:50:51,440 --> 00:50:55,240
Speaker 5: you have all these countries, but the big one is China,

937
00:50:55,640 --> 00:51:00,760
Speaker 5: So we have a one trillion dollar trade deficit with China.

938
00:51:01,200 --> 00:51:05,960
Speaker 4: I don't know how you pause or walk that back.

939
00:51:06,520 --> 00:51:10,359
Speaker 5: I think that you have to move forward, and if

940
00:51:10,440 --> 00:51:12,319
Speaker 5: you do it with one, you have to do it

941
00:51:12,360 --> 00:51:14,800
Speaker 5: with all. And I know that there are fifty countries

942
00:51:14,840 --> 00:51:18,000
Speaker 5: that are coming to the White to the White House,

943
00:51:18,040 --> 00:51:24,000
Speaker 5: are trying to discuss with the administration about making some adjustments.

944
00:51:24,719 --> 00:51:28,080
Speaker 4: But I don't know. I don't know. It's a possibility.

945
00:51:28,920 --> 00:51:31,640
Speaker 1: Alison in Terrence, just real quick when I say pause, Yeah,

946
00:51:31,640 --> 00:51:33,799
Speaker 1: a pause, but with conditions. And of course the pause

947
00:51:33,840 --> 00:51:35,920
Speaker 1: would be okay, you want to renegotiate, we'll see what

948
00:51:35,960 --> 00:51:37,799
Speaker 1: your better deal is and if it's not a good deal,

949
00:51:37,880 --> 00:51:39,640
Speaker 1: then he'll just continue on. But I'm just saying a

950
00:51:39,680 --> 00:51:42,200
Speaker 1: pause to get the better deal. That's my point, not

951
00:51:42,239 --> 00:51:45,440
Speaker 1: just a pause because you know my bad never mind,

952
00:51:45,520 --> 00:51:47,839
Speaker 1: I don't mean that at all. Obviously, sure.

953
00:51:49,400 --> 00:51:52,520
Speaker 3: We'll see. I think we're all going to be watching

954
00:51:52,560 --> 00:51:55,120
Speaker 3: it and we'll see at some point, you have to

955
00:51:55,160 --> 00:51:57,360
Speaker 3: just be all in and no matter the impact, the

956
00:51:57,360 --> 00:52:00,000
Speaker 3: greater impact, particularly if you believe that the long term

957
00:52:00,239 --> 00:52:03,600
Speaker 3: impact is going to outweigh the immediate pain, then you

958
00:52:03,680 --> 00:52:06,560
Speaker 3: have to kind of continue as you are. And it's

959
00:52:06,600 --> 00:52:10,040
Speaker 3: my suspicion that the administration is looking at this from

960
00:52:10,040 --> 00:52:13,319
Speaker 3: a big picture perspective and realizing a big picture this

961
00:52:13,360 --> 00:52:16,560
Speaker 3: is going to benefit the United States, and so I believe,

962
00:52:16,640 --> 00:52:19,799
Speaker 3: I believe in and who knows, Like again, we're all

963
00:52:19,840 --> 00:52:22,439
Speaker 3: supposing here, but I believe they are going to hold

964
00:52:22,480 --> 00:52:25,840
Speaker 3: steady and there will be negotiations going on, and potentially

965
00:52:25,880 --> 00:52:29,640
Speaker 3: if the negotiations ultimately benefit the United States and American consumers,

966
00:52:29,840 --> 00:52:32,160
Speaker 3: then maybe there would be a reprieved for some countries.

967
00:52:32,680 --> 00:52:36,120
Speaker 3: But from the big picture, I do believe that the

968
00:52:36,160 --> 00:52:39,319
Speaker 3: administration is going to hold steady. We're going to see that.

969
00:52:39,360 --> 00:52:41,160
Speaker 3: I mean, you know, I mean to see that.

970
00:52:41,320 --> 00:52:44,319
Speaker 5: This isn't a decision that was made willy nilly and

971
00:52:44,600 --> 00:52:46,600
Speaker 5: certainly not by President Trump.

972
00:52:46,600 --> 00:52:48,759
Speaker 4: This is something that he has talked.

973
00:52:48,440 --> 00:52:53,600
Speaker 5: About for decades, and it's called Liberation Day for a reason.

974
00:52:53,640 --> 00:52:55,719
Speaker 4: This is not a small move. This is a.

975
00:52:55,920 --> 00:52:59,480
Speaker 5: Very big move in the history of this country. And so,

976
00:53:00,080 --> 00:53:03,960
Speaker 5: you know, I don't know how how much they'll you know, pause,

977
00:53:04,120 --> 00:53:06,200
Speaker 5: but hey, David, Well look guys, that's possibility.

978
00:53:07,120 --> 00:53:09,440
Speaker 3: Here's what we know. At this point. US stock markets

979
00:53:09,480 --> 00:53:13,280
Speaker 3: have lost nearly six trillion dollars in value since President

980
00:53:13,280 --> 00:53:16,640
Speaker 3: Trump announced those tariffs. It's a big story and it's

981
00:53:16,640 --> 00:53:19,880
Speaker 3: a big deal. In the meantime, Treasury Secretary Scott Bessant

982
00:53:20,160 --> 00:53:23,080
Speaker 3: says that more than fifty countries have started negotiations with

983
00:53:23,160 --> 00:53:25,640
Speaker 3: the United States seeking to minimize or even rescind the

984
00:53:25,640 --> 00:53:29,920
Speaker 3: tariffs altogether. And while talks are underway, on one hand,

985
00:53:30,000 --> 00:53:33,560
Speaker 3: global markets, well, they're expecting another rough week. In fact,

986
00:53:33,560 --> 00:53:36,080
Speaker 3: that rough week is already underway, particularly in Europe and

987
00:53:36,080 --> 00:53:40,000
Speaker 3: in Asia. Economists at JP Morgan are actually estimating that

988
00:53:40,040 --> 00:53:42,880
Speaker 3: the Trump teriffs will result in the US gross domestic

989
00:53:42,920 --> 00:53:46,080
Speaker 3: product declining by three tens of a percentage point, as

990
00:53:46,120 --> 00:53:49,440
Speaker 3: opposed to the previous estimate of growing by one point

991
00:53:49,520 --> 00:53:53,200
Speaker 3: three percent. The unemployment rate is also predicted to climb

992
00:53:53,200 --> 00:53:55,640
Speaker 3: to five point three percent from the current four point

993
00:53:55,680 --> 00:53:59,400
Speaker 3: two percent. And as I mentioned, dozens of countries are

994
00:53:59,440 --> 00:54:03,040
Speaker 3: ready to goating the face of President Trump's tariffs. Taiwan's

995
00:54:03,080 --> 00:54:05,879
Speaker 3: president is offering zero tariffs in return for the US

996
00:54:05,960 --> 00:54:09,480
Speaker 3: dropping its trade barriers is rarely Prime Minister Benjamin Nett

997
00:54:09,480 --> 00:54:11,839
Speaker 3: and Yahoo on his way to the White House and

998
00:54:12,000 --> 00:54:14,520
Speaker 3: he's expected to ask for a reprieve on the seventeen

999
00:54:14,560 --> 00:54:17,560
Speaker 3: percent tariffs against his country. That's going to happen during

1000
00:54:17,600 --> 00:54:20,319
Speaker 3: an Oval Office meeting today at the White House. And

1001
00:54:20,360 --> 00:54:22,520
Speaker 3: when it comes to China and the European Union, we

1002
00:54:22,560 --> 00:54:25,359
Speaker 3: talked about that moments ago. Well. The President says his

1003
00:54:25,480 --> 00:54:28,879
Speaker 3: tariffs are all about leveling the playing field after being

1004
00:54:28,960 --> 00:54:30,320
Speaker 3: ripped off for years.

1005
00:54:30,640 --> 00:54:35,400
Speaker 11: We have massive surplus countries that we're dealing with, we

1006
00:54:35,480 --> 00:54:37,200
Speaker 11: have massive deficits.

1007
00:54:37,400 --> 00:54:40,160
Speaker 3: We've got to straighten that out because you can't continue

1008
00:54:40,160 --> 00:54:40,520
Speaker 3: to be there.

1009
00:54:40,520 --> 00:54:41,400
Speaker 1: Wh's been that way.

1010
00:54:41,280 --> 00:54:44,320
Speaker 11: For years now and it can't go on any longer.

1011
00:54:45,000 --> 00:54:47,719
Speaker 11: And with the Biggie Bank, we have all the advantages

1012
00:54:48,360 --> 00:54:50,279
Speaker 11: if we get markets for a second, we have all

1013
00:54:50,320 --> 00:54:50,920
Speaker 11: the advantages.

1014
00:54:50,920 --> 00:54:51,680
Speaker 7: We're getting straight out.

1015
00:54:51,719 --> 00:54:55,239
Speaker 11: We're going to become a wealthy nation again, wealthy like

1016
00:54:55,360 --> 00:54:56,080
Speaker 11: never before.

1017
00:55:00,040 --> 00:55:03,160
Speaker 3: US customs officials are reportedly collecting the across the board

1018
00:55:03,280 --> 00:55:06,880
Speaker 3: ten percent tariffs already. The higher reciprocal teriffs that are

1019
00:55:06,920 --> 00:55:11,040
Speaker 3: between eleven and fifty percent on individual countries are set

1020
00:55:11,080 --> 00:55:15,600
Speaker 3: to take effect Wednesday. A weekend of storms and massive

1021
00:55:15,640 --> 00:55:18,440
Speaker 3: flooding have at least eighteen people dead in communities from

1022
00:55:18,480 --> 00:55:21,640
Speaker 3: Texas to Ohio. Drying out and preparing for a week

1023
00:55:21,920 --> 00:55:25,440
Speaker 3: of insurance claims. Kentucky and Tennessee are dealing with the

1024
00:55:25,480 --> 00:55:28,319
Speaker 3: worst of the flooding as some rivers there have risen

1025
00:55:28,360 --> 00:55:30,799
Speaker 3: to near record levels. Look at all this flooding here,

1026
00:55:30,840 --> 00:55:33,880
Speaker 3: Look at this woo. The flooding has been brought on

1027
00:55:34,000 --> 00:55:37,840
Speaker 3: by NonStop rain for days. As a result, utilities in

1028
00:55:37,880 --> 00:55:41,560
Speaker 3: some areas have cut off power and gas. Emergency officials

1029
00:55:41,600 --> 00:55:45,440
Speaker 3: in north central Kentucky have ordered mandatory evacuations for a

1030
00:55:45,480 --> 00:55:47,879
Speaker 3: couple of towns near the bend of the Licking River

1031
00:55:48,600 --> 00:55:51,680
Speaker 3: as the water continues to rise. The situation is frightening

1032
00:55:51,760 --> 00:55:54,960
Speaker 3: reminder of thirty years ago when the river reached a

1033
00:55:55,040 --> 00:55:59,040
Speaker 3: record fifty feet, resulting in five deaths and a thousand

1034
00:55:59,080 --> 00:56:02,480
Speaker 3: homes being destroyed. That's a quick check off your headlines.

1035
00:56:02,520 --> 00:56:04,160
Speaker 3: I'll have more headlines coming up here in just a

1036
00:56:04,239 --> 00:56:06,440
Speaker 3: little bit, but first let's get you back over to

1037
00:56:06,520 --> 00:56:07,480
Speaker 3: David and Allison.

1038
00:56:08,280 --> 00:56:12,520
Speaker 1: Okay, t appreciate it, folks. With all the volatility on

1039
00:56:12,560 --> 00:56:14,840
Speaker 1: these trade tariffs, we're keeping our eyes not just on

1040
00:56:14,880 --> 00:56:18,520
Speaker 1: the stock market obviously, guys, but politically we're monitoring President

1041
00:56:18,560 --> 00:56:21,560
Speaker 1: Trump's approval rating. The Daily Mail out with a poll

1042
00:56:21,640 --> 00:56:24,000
Speaker 1: that shows he actually has a solid fifty three percent

1043
00:56:24,000 --> 00:56:28,800
Speaker 1: approval rating, even after terrifts sent the global stock market plunging.

1044
00:56:28,880 --> 00:56:31,040
Speaker 1: Other polls, by the way, do show is approval rating

1045
00:56:31,120 --> 00:56:35,680
Speaker 1: lower around forty nine percent, so we all know. Obviously

1046
00:56:35,760 --> 00:56:38,239
Speaker 1: the President Trump's Liberation Day brought with it a ten

1047
00:56:38,280 --> 00:56:42,400
Speaker 1: percent tariff on nearly all imports into America, and of

1048
00:56:42,440 --> 00:56:45,360
Speaker 1: course many other countries will receive a much higher tariff

1049
00:56:45,400 --> 00:56:48,480
Speaker 1: than that. Tariffs against the EU and China and others

1050
00:56:48,600 --> 00:56:51,240
Speaker 1: set to go to effect this Wednesday. But White House

1051
00:56:51,320 --> 00:56:54,279
Speaker 1: National Economic Council Director Kevin has It says more than

1052
00:56:54,320 --> 00:56:57,439
Speaker 1: fifty countries have already called to discuss a renegotiation.

1053
00:56:57,520 --> 00:56:59,799
Speaker 22: Take a look, more than fifty countries have reached out

1054
00:56:59,800 --> 00:57:02,720
Speaker 22: to the President to begin a negotiation, but they're doing

1055
00:57:02,719 --> 00:57:05,120
Speaker 22: that because they understand that they bear a lot of

1056
00:57:05,160 --> 00:57:07,200
Speaker 22: the tariff, and so I don't think that you're going

1057
00:57:07,280 --> 00:57:10,160
Speaker 22: to see a big effect on the consumer in the US,

1058
00:57:10,200 --> 00:57:12,440
Speaker 22: because I do think that the reason why we have

1059
00:57:12,480 --> 00:57:15,360
Speaker 22: a persistent long run trade deficit is these people have

1060
00:57:15,480 --> 00:57:18,320
Speaker 22: very inelastic supply. They've been dumping goods into the country

1061
00:57:18,320 --> 00:57:21,600
Speaker 22: in order to create jobs, say in China.

1062
00:57:23,320 --> 00:57:25,000
Speaker 1: All right, joining us now is one of the former

1063
00:57:25,040 --> 00:57:27,560
Speaker 1: Assistant Secretary of States under President George W.

1064
00:57:27,640 --> 00:57:27,880
Speaker 3: Bush.

1065
00:57:27,880 --> 00:57:30,840
Speaker 1: He's also a national spokesman for AMAC. We know him,

1066
00:57:30,880 --> 00:57:32,640
Speaker 1: of course, Robert Charles. You know him as well.

1067
00:57:32,720 --> 00:57:33,000
Speaker 3: Robert.

1068
00:57:33,600 --> 00:57:36,320
Speaker 1: Great to have you here. What do you think the

1069
00:57:36,440 --> 00:57:40,080
Speaker 1: negotiation between countries and Trump? And how do you see

1070
00:57:40,080 --> 00:57:43,040
Speaker 1: all this plane out we've talked about maybe he pauses it,

1071
00:57:43,080 --> 00:57:45,080
Speaker 1: why they negotiate. I don't know. What do you think

1072
00:57:45,240 --> 00:57:45,880
Speaker 1: is going to happen?

1073
00:57:47,080 --> 00:57:50,120
Speaker 23: I think people just need to be calm and watch.

1074
00:57:50,480 --> 00:57:53,240
Speaker 24: So one of my degrees is macro econ And at

1075
00:57:53,240 --> 00:57:55,120
Speaker 24: the end of the day, what's going to happen here

1076
00:57:55,280 --> 00:57:57,920
Speaker 24: is very simple. It's a big ship that's turning. And

1077
00:57:57,960 --> 00:58:00,960
Speaker 24: what President Trump said it is exactly right. There has

1078
00:58:01,040 --> 00:58:05,760
Speaker 24: been for decades. Currency manipulation, a creeping tide on American

1079
00:58:05,960 --> 00:58:08,680
Speaker 24: ability to compete in the world. We are a free

1080
00:58:08,680 --> 00:58:11,440
Speaker 24: trade country. We want free trade. And what you have

1081
00:58:11,600 --> 00:58:14,600
Speaker 24: is these countries, all of these countries, hundreds of countries,

1082
00:58:14,960 --> 00:58:17,800
Speaker 24: subsidize their own products when they sell them to US. So,

1083
00:58:17,880 --> 00:58:21,320
Speaker 24: for example, Canada subsidizes their lumber when they sell it

1084
00:58:21,320 --> 00:58:23,280
Speaker 24: to US. So when it comes to building homes in

1085
00:58:23,280 --> 00:58:27,240
Speaker 24: the United States, Canadian lumber is cheaper than American lumber.

1086
00:58:27,520 --> 00:58:28,960
Speaker 24: At the end of the day, what that does is

1087
00:58:29,000 --> 00:58:31,880
Speaker 24: it drives capital away from US and into those places.

1088
00:58:31,880 --> 00:58:35,000
Speaker 24: That's why you have companies setting up businesses over in China,

1089
00:58:35,040 --> 00:58:37,840
Speaker 24: setting up businesses in Mexico, setting up businesses all over

1090
00:58:37,920 --> 00:58:41,920
Speaker 24: the world that are generating capital and jobs over there,

1091
00:58:41,920 --> 00:58:43,640
Speaker 24: not here. So here are the five or six things

1092
00:58:43,640 --> 00:58:45,480
Speaker 24: that are coming out of this one. You're going to

1093
00:58:45,480 --> 00:58:47,440
Speaker 24: pull all this capital back home. Again, that does not

1094
00:58:47,560 --> 00:58:52,640
Speaker 24: happen overnight. The markets react on emotion and short term returns.

1095
00:58:52,680 --> 00:58:54,560
Speaker 24: That's not what we're talking about. We're talking about a

1096
00:58:54,640 --> 00:58:57,840
Speaker 24: rebalancing over six to twelve months, so that after that

1097
00:58:58,120 --> 00:59:00,760
Speaker 24: US growth is huge, we end up in a position

1098
00:59:00,800 --> 00:59:03,200
Speaker 24: where we have more capital here, more jobs here. By

1099
00:59:03,200 --> 00:59:06,520
Speaker 24: the trillions of dollars. Our national security is better protected

1100
00:59:06,560 --> 00:59:10,120
Speaker 24: because we bring home pharmaceuticals and all the supply chains

1101
00:59:10,120 --> 00:59:13,240
Speaker 24: that support our defense community. You end up actually even

1102
00:59:13,320 --> 00:59:17,680
Speaker 24: driving people into bonds bonds. When people rush to bonds,

1103
00:59:17,800 --> 00:59:20,360
Speaker 24: the yield on the bond goes down. So when we

1104
00:59:20,400 --> 00:59:23,840
Speaker 24: go to renegotiate our own debt, we've got six point

1105
00:59:23,840 --> 00:59:27,200
Speaker 24: five trillion to renegotiate in June, we actually have to

1106
00:59:27,400 --> 00:59:28,120
Speaker 24: pay less.

1107
00:59:28,400 --> 00:59:29,919
Speaker 23: So that helps the taxpayer.

1108
00:59:30,000 --> 00:59:32,840
Speaker 24: What the president is doing long term is he's bringing

1109
00:59:32,960 --> 00:59:36,120
Speaker 24: jobs and capital back to the United States. He's telling

1110
00:59:36,160 --> 00:59:40,280
Speaker 24: the world you cannot manipulate your currencies and trick us anymore,

1111
00:59:40,640 --> 00:59:42,000
Speaker 24: and we're going to just play fair.

1112
00:59:44,240 --> 00:59:47,600
Speaker 3: Robert, you mentioned that the markets are impacted by emotion,

1113
00:59:47,720 --> 00:59:49,920
Speaker 3: and so what we're seeing is kind of an emotional

1114
00:59:50,040 --> 00:59:52,880
Speaker 3: drive that is now causing the markets in a free fall.

1115
00:59:52,920 --> 00:59:54,640
Speaker 3: And of course lots of people are worried about their

1116
00:59:54,680 --> 00:59:57,760
Speaker 3: stocks in their four one case. The Trump administration, however,

1117
00:59:57,880 --> 01:00:01,160
Speaker 3: has kind of described what's happening as a reordering of

1118
01:00:01,200 --> 01:00:03,720
Speaker 3: the global economic market. Do you see it that way

1119
01:00:03,760 --> 01:00:05,400
Speaker 3: as well?

1120
01:00:05,400 --> 01:00:06,600
Speaker 23: That's exactly what it is.

1121
01:00:06,680 --> 01:00:08,960
Speaker 24: So if I could kind of collapse all this together,

1122
01:00:09,440 --> 01:00:15,440
Speaker 24: countries use various tools. Their governments use tools to cheapen

1123
01:00:15,680 --> 01:00:18,720
Speaker 24: the products that they sell to us. We are the

1124
01:00:18,800 --> 01:00:21,320
Speaker 24: largest economy in the world. They all want to play

1125
01:00:21,320 --> 01:00:23,680
Speaker 24: in our game. And what the President has done is

1126
01:00:23,680 --> 01:00:26,160
Speaker 24: he said, there's going to be a cost for playing

1127
01:00:26,160 --> 01:00:29,040
Speaker 24: in our game, and when you put twenty five percent

1128
01:00:29,120 --> 01:00:32,320
Speaker 24: subsidies on your own products, and we don't do that because.

1129
01:00:32,120 --> 01:00:33,000
Speaker 23: We're a free market.

1130
01:00:33,240 --> 01:00:36,080
Speaker 24: You know, companies over here don't get special treatment by

1131
01:00:36,120 --> 01:00:38,240
Speaker 24: and large in order to be able to compete abroad.

1132
01:00:38,920 --> 01:00:41,280
Speaker 24: In fact, a lot of countries, when you go over

1133
01:00:41,280 --> 01:00:42,720
Speaker 24: to these countries, they.

1134
01:00:42,600 --> 01:00:44,560
Speaker 23: Want you to pay a bribe for things.

1135
01:00:44,600 --> 01:00:47,320
Speaker 24: We have the Federal Corrupt Practices Foreign Crupt Practices Act.

1136
01:00:47,360 --> 01:00:49,320
Speaker 23: We don't allow our companies to pay bribes.

1137
01:00:49,360 --> 01:00:51,720
Speaker 24: So what he's saying is, at the end of the day,

1138
01:00:52,040 --> 01:00:55,040
Speaker 24: you've played an unfair game with the field tipped in

1139
01:00:55,120 --> 01:00:58,480
Speaker 24: your direction for decades. I'm going to tip it back

1140
01:00:58,720 --> 01:01:01,760
Speaker 24: so that it's even. Once it's even, we will all

1141
01:01:01,760 --> 01:01:04,520
Speaker 24: play a fair game together. If you have a comparative

1142
01:01:04,520 --> 01:01:07,240
Speaker 24: advantage because you make widgets better than we do, you

1143
01:01:07,320 --> 01:01:09,760
Speaker 24: sell your widgets here, that'll be just fine. And we

1144
01:01:09,800 --> 01:01:11,760
Speaker 24: make something else and we're going to sell it to you,

1145
01:01:11,840 --> 01:01:14,600
Speaker 24: and we're going to sell it without all these artificial

1146
01:01:15,160 --> 01:01:18,760
Speaker 24: burdens that you put on us when we try to

1147
01:01:18,800 --> 01:01:20,680
Speaker 24: sell to you. At the end of the day, what

1148
01:01:20,840 --> 01:01:24,439
Speaker 24: these fifty countries and probably every single country will want

1149
01:01:24,440 --> 01:01:28,000
Speaker 24: to do is say, okay, okay, we understand we were

1150
01:01:28,080 --> 01:01:30,560
Speaker 24: not playing fair. We want to play fair because we

1151
01:01:30,600 --> 01:01:32,240
Speaker 24: want access to your markets.

1152
01:01:32,400 --> 01:01:35,360
Speaker 23: And then you just watch this economy explode. A year

1153
01:01:35,400 --> 01:01:35,760
Speaker 23: from now.

1154
01:01:35,800 --> 01:01:37,560
Speaker 24: What's going to happen is growth is going to be

1155
01:01:37,640 --> 01:01:40,840
Speaker 24: up and wages will have risen to match the tariffs.

1156
01:01:41,040 --> 01:01:44,400
Speaker 24: But wages never really decline, and so what will happen

1157
01:01:44,480 --> 01:01:47,480
Speaker 24: is the wages will stay reasonably high, the tariffs will

1158
01:01:47,520 --> 01:01:50,000
Speaker 24: go down, the cost of products will go down, and

1159
01:01:50,080 --> 01:01:52,360
Speaker 24: the average person will net net be in a much

1160
01:01:52,360 --> 01:01:53,080
Speaker 24: better position.

1161
01:01:53,480 --> 01:01:56,640
Speaker 5: Robert, I didn't know you were all about macroeconomics, so

1162
01:01:56,720 --> 01:02:00,880
Speaker 5: that was fascinating. One last item, very quickly, Israel President

1163
01:02:01,240 --> 01:02:04,440
Speaker 5: Benjamin Nette Yaho will be at the White House today.

1164
01:02:04,480 --> 01:02:08,160
Speaker 23: Your thoughts, Yeah, I think it'll be a good meeting.

1165
01:02:08,240 --> 01:02:10,919
Speaker 24: I think he'll talk about how the United States, either

1166
01:02:10,960 --> 01:02:14,720
Speaker 24: directly or indicate directly, can help finally get the remaining

1167
01:02:14,760 --> 01:02:19,400
Speaker 24: hostages out of GUAYSA. I think probably they'll discuss whether

1168
01:02:19,440 --> 01:02:23,720
Speaker 24: a ceasefire has any value. Obviously, the more Hamas sends

1169
01:02:23,800 --> 01:02:27,320
Speaker 24: rockets that way and creates problems for Israel, the harder

1170
01:02:27,360 --> 01:02:29,600
Speaker 24: it's going to be for Hamas to survive at the

1171
01:02:29,680 --> 01:02:32,040
Speaker 24: end of the day. I also think they'll obviously talk

1172
01:02:32,040 --> 01:02:34,640
Speaker 24: about tariffs, and Israel will ask for some nod in

1173
01:02:34,640 --> 01:02:36,560
Speaker 24: the short term, and they'll probably get it.

1174
01:02:37,720 --> 01:02:39,560
Speaker 1: Robert Charles, great to have you on the show. Thanks

1175
01:02:39,600 --> 01:02:40,439
Speaker 1: so much for being here.

1176
01:02:40,680 --> 01:02:41,240
Speaker 7: Always good.

1177
01:02:41,360 --> 01:02:44,040
Speaker 3: Thankks, Robert, good to see you all right.

1178
01:02:44,120 --> 01:02:46,960
Speaker 1: Coming up, draining the DC swamp. Should it also include

1179
01:02:47,000 --> 01:02:50,600
Speaker 1: flushing out the White House Correspondence Dinner. We'll discuss that

1180
01:02:50,760 --> 01:02:55,040
Speaker 1: and later, Buddies, No more Obama taking some shots at Trump.

1181
01:02:55,080 --> 01:02:58,080
Speaker 1: Find out why Obama believes Trump's second term has already

1182
01:02:58,080 --> 01:03:02,440
Speaker 1: been quote unimaginable. American son Rise returning after.

1183
01:03:02,240 --> 01:03:26,560
Speaker 15: This Welcome back to American Sunrise. I'm American Sunrise correspondent

1184
01:03:26,600 --> 01:03:29,040
Speaker 15: Emily Finn. It's great to have you with us this morning.

1185
01:03:29,440 --> 01:03:31,720
Speaker 15: Time now to drain the swamp. In this morning, we

1186
01:03:31,760 --> 01:03:35,640
Speaker 15: are flushing out the White House Correspondent's Dinner. It started

1187
01:03:35,680 --> 01:03:39,480
Speaker 15: back in nineteen twenty one and as writer Chris Seliza

1188
01:03:39,560 --> 01:03:43,360
Speaker 15: describes the event is a you pet my back, I'll

1189
01:03:43,400 --> 01:03:44,720
Speaker 15: pat yours type of night.

1190
01:03:45,160 --> 01:03:48,280
Speaker 6: But has this dinner's time come and gone?

1191
01:03:48,720 --> 01:03:51,840
Speaker 15: In twenty twenty two, celebrity Kim Kardashian felt the dinner

1192
01:03:51,960 --> 01:03:54,720
Speaker 15: was the perfect setting to announce her new relationship with

1193
01:03:55,040 --> 01:03:56,960
Speaker 15: SNL has been Pete Davidson.

1194
01:03:57,360 --> 01:03:58,760
Speaker 6: This may have been a sign that the.

1195
01:03:58,720 --> 01:04:02,960
Speaker 15: Annual party for journalists said turned into something more ridiculous.

1196
01:04:03,320 --> 01:04:07,000
Speaker 15: For this year's event, The association asked, then canceled comedian

1197
01:04:07,120 --> 01:04:10,720
Speaker 15: and Trump critic Amber Ruffin from performing at this year's dinner,

1198
01:04:10,800 --> 01:04:14,440
Speaker 15: saying the dinner's focus is not on the politics of division.

1199
01:04:14,840 --> 01:04:18,200
Speaker 15: Let's bring in Alison david and Terrence for more here. Allison,

1200
01:04:18,760 --> 01:04:20,680
Speaker 15: is it time to just get rid of this event

1201
01:04:21,000 --> 01:04:23,800
Speaker 15: all together? With new media in the mix? Does the

1202
01:04:23,920 --> 01:04:25,960
Speaker 15: organization even matter that much anymore?

1203
01:04:26,520 --> 01:04:27,880
Speaker 4: No, I don't think it does.

1204
01:04:28,160 --> 01:04:33,840
Speaker 5: And until they start rescinding those pulitzers from the folks

1205
01:04:33,840 --> 01:04:39,760
Speaker 5: who messed up the whole Russia Russia Russia collusion situation,

1206
01:04:40,320 --> 01:04:44,440
Speaker 5: it doesn't make sense because the people who are up

1207
01:04:44,440 --> 01:04:49,480
Speaker 5: there talking and receiving awards and patting each other on

1208
01:04:49,600 --> 01:04:53,760
Speaker 5: the back are getting a number of huge stories wrong

1209
01:04:54,560 --> 01:04:57,520
Speaker 5: in this day and age, or completely ignoring them so

1210
01:04:57,960 --> 01:05:02,240
Speaker 5: they can call it something else. But it's not a

1211
01:05:02,360 --> 01:05:04,800
Speaker 5: night to celebrate journalism, I'll tell you that much.

1212
01:05:06,560 --> 01:05:09,240
Speaker 3: You know, the traditional one is the traditional list in

1213
01:05:09,320 --> 01:05:11,720
Speaker 3: me says I would love for it to continue because

1214
01:05:11,760 --> 01:05:14,600
Speaker 3: I love the tradition of it. I love that it

1215
01:05:14,800 --> 01:05:17,400
Speaker 3: was part of journalism in this country. But I think

1216
01:05:17,400 --> 01:05:20,440
Speaker 3: you make a great point. Unfortunately, the state of journalism

1217
01:05:20,720 --> 01:05:24,680
Speaker 3: in this country is failing and flailing right now, and

1218
01:05:25,600 --> 01:05:28,320
Speaker 3: I completely understand why the administration wouldn't want to be

1219
01:05:28,400 --> 01:05:31,560
Speaker 3: a part of this, and why there's criticism of journalists

1220
01:05:31,600 --> 01:05:35,000
Speaker 3: in Washington, DC, specifically in the White House Press Cort David.

1221
01:05:35,600 --> 01:05:37,600
Speaker 1: Get rid of it, get rid of it. I've been

1222
01:05:37,640 --> 01:05:41,280
Speaker 1: to about fifteen of these. It was so different back

1223
01:05:41,320 --> 01:05:44,600
Speaker 1: when I was going. It's so different today. I mean,

1224
01:05:44,680 --> 01:05:46,439
Speaker 1: back then, it was kind of like, oh cool, look

1225
01:05:46,440 --> 01:05:48,840
Speaker 1: there's Justin Bieber, let's get a picture with him. Oh cool,

1226
01:05:48,840 --> 01:05:51,480
Speaker 1: there's Kim Kardashian. Now there's Tom Cruise. I mean, it

1227
01:05:51,560 --> 01:05:53,360
Speaker 1: was just kind of a cool kind of social thing.

1228
01:05:53,720 --> 01:05:55,680
Speaker 1: And trust me, we got the pictures, we have the

1229
01:05:55,720 --> 01:05:59,120
Speaker 1: evidence to prove it. But nowadays it's just gotten so political.

1230
01:05:59,160 --> 01:06:02,680
Speaker 1: And I believe that Barack Obama started this when he

1231
01:06:02,800 --> 01:06:06,280
Speaker 1: dissed Trump at the White House Correspondence Association back in

1232
01:06:06,320 --> 01:06:09,439
Speaker 1: the day, when he basically, in essence, kind of got

1233
01:06:09,480 --> 01:06:11,600
Speaker 1: on him for the birther stuff and thought he was crazy.

1234
01:06:12,120 --> 01:06:13,919
Speaker 1: And then of course Trump had the last laugh. Trump

1235
01:06:13,920 --> 01:06:16,919
Speaker 1: always gets the last laugh, doesn't he. But anyhow, I say,

1236
01:06:16,920 --> 01:06:19,360
Speaker 1: get rid of it, Emily. That's my view.

1237
01:06:19,560 --> 01:06:22,120
Speaker 4: Yeah, I think so well, we want to know what

1238
01:06:22,280 --> 01:06:22,800
Speaker 4: you think.

1239
01:06:23,120 --> 01:06:26,080
Speaker 5: Let us know on rumble and get our hop on

1240
01:06:26,760 --> 01:06:30,880
Speaker 5: and let your voice be heard. Coming up on American Sunrise,

1241
01:06:31,000 --> 01:06:34,480
Speaker 5: the price of the president's tariffs will today be a

1242
01:06:34,520 --> 01:06:36,720
Speaker 5: potential blood bath at the stock market.

1243
01:06:37,040 --> 01:06:37,520
Speaker 4: Find out.

1244
01:06:37,600 --> 01:06:40,040
Speaker 5: We're going live to Wall Street for the opening bell

1245
01:06:40,240 --> 01:07:04,560
Speaker 5: next as American Sunrise continues.

1246
01:07:05,760 --> 01:07:09,360
Speaker 3: Good morning, Stove Vermont, We're gonna go a little further

1247
01:07:09,520 --> 01:07:11,960
Speaker 3: south to New York for the opening of the New

1248
01:07:12,040 --> 01:07:14,480
Speaker 3: York Stock Exchange. The opening bell is going to rin

1249
01:07:14,600 --> 01:07:16,960
Speaker 3: here in just a few minutes. I can tell you

1250
01:07:17,360 --> 01:07:20,080
Speaker 3: that so far, not so good when it comes to

1251
01:07:20,200 --> 01:07:23,000
Speaker 3: the futures. This is how things are looking right now.

1252
01:07:23,120 --> 01:07:25,320
Speaker 3: I'm not gonna even focus on how many points the

1253
01:07:25,400 --> 01:07:27,800
Speaker 3: markets are down because it seems like it's a little

1254
01:07:27,840 --> 01:07:30,439
Speaker 3: bit easier to comprehend and digest when you just talk

1255
01:07:30,480 --> 01:07:33,160
Speaker 3: about the percentage points. So the Dow is down more

1256
01:07:33,200 --> 01:07:35,600
Speaker 3: than two percent, the S and P five hundred is

1257
01:07:35,600 --> 01:07:37,720
Speaker 3: down more than two and a half percent, and the

1258
01:07:37,840 --> 01:07:41,560
Speaker 3: NASDAC down almost three percent, but well over two percent.

1259
01:07:42,040 --> 01:07:45,360
Speaker 3: When you start talking about the numbers and how many

1260
01:07:45,360 --> 01:07:47,520
Speaker 3: points they're down, I think that's even a little bit

1261
01:07:47,520 --> 01:07:50,680
Speaker 3: more distressing. But just hold tight. A change is coming

1262
01:07:50,760 --> 01:07:53,920
Speaker 3: soon enough. We'll continue to update you here throughout the morning,

1263
01:07:53,920 --> 01:07:55,400
Speaker 3: and we'll take you to New York for the opening

1264
01:07:55,440 --> 01:07:58,160
Speaker 3: bell at the Stock Exchange momentarily. But now let's get

1265
01:07:58,200 --> 01:07:59,480
Speaker 3: you over to David David, Good.

1266
01:07:59,320 --> 01:08:02,880
Speaker 1: Morning, Good morning, te Bates. All right, as the market

1267
01:08:03,040 --> 01:08:06,000
Speaker 1: is set to reopen today, As Teammates was just saying,

1268
01:08:06,000 --> 01:08:08,080
Speaker 1: we're keeping a close eye on how the Trump tariffs

1269
01:08:08,080 --> 01:08:11,600
Speaker 1: are shaking up the global economy. President Trump's set to

1270
01:08:11,640 --> 01:08:14,320
Speaker 1: meet with Israeli Prime Minister Benjamin and Yahoo today at

1271
01:08:14,360 --> 01:08:16,639
Speaker 1: the White House. They're going to discuss the war in Gaza,

1272
01:08:16,680 --> 01:08:20,200
Speaker 1: but also tariffs. Even more, we'll go into effect later

1273
01:08:20,240 --> 01:08:23,120
Speaker 1: this week because on Wednesday, tariffs against the EU and

1274
01:08:23,280 --> 01:08:27,280
Speaker 1: China Vietnam, Thailand and others will kick in. However, more

1275
01:08:27,280 --> 01:08:30,439
Speaker 1: than fifty countries have actually contacted the Trump administration to

1276
01:08:30,520 --> 01:08:33,840
Speaker 1: try to negotiate them, with the EU saying they are

1277
01:08:33,880 --> 01:08:37,720
Speaker 1: ready to impose countermeasures if necessary. When asked how the

1278
01:08:37,800 --> 01:08:40,800
Speaker 1: recent tariffs will affect the American consumer and for how

1279
01:08:40,840 --> 01:08:45,880
Speaker 1: long you had Commerce Secretary Howard Lutnik saying this, I.

1280
01:08:45,800 --> 01:08:48,439
Speaker 19: Think you have to sort of understand how things work.

1281
01:08:49,120 --> 01:08:53,439
Speaker 19: When tariffs come into place, foreign goods may become a

1282
01:08:53,439 --> 01:08:57,680
Speaker 19: little more expensive, but domestic goods do not. So if

1283
01:08:57,720 --> 01:09:01,400
Speaker 19: you're looking at Poland springs water versus is something let's

1284
01:09:01,400 --> 01:09:04,479
Speaker 19: say Fiji water, the Poland springs is not going to

1285
01:09:04,520 --> 01:09:05,320
Speaker 19: be more expensive.

1286
01:09:05,400 --> 01:09:06,920
Speaker 7: So for the first time in.

1287
01:09:06,880 --> 01:09:09,520
Speaker 19: Your lives, you're going to actually think about the Americans

1288
01:09:09,560 --> 01:09:12,799
Speaker 19: who make the products, the Americans who produce these products

1289
01:09:12,800 --> 01:09:15,360
Speaker 19: and work in these factories. It's time for us to

1290
01:09:15,400 --> 01:09:18,120
Speaker 19: take care of them instead of taking care of the world.

1291
01:09:18,439 --> 01:09:21,599
Speaker 19: Our economic policy took care of the world, and look

1292
01:09:21,640 --> 01:09:23,599
Speaker 19: where it led us. It led us to a Thursday

1293
01:09:23,800 --> 01:09:28,240
Speaker 19: thirty six trillion dollar deficit which our children and our

1294
01:09:28,280 --> 01:09:31,120
Speaker 19: grandchildren are going to have to pay. Donald Trump is

1295
01:09:31,160 --> 01:09:34,559
Speaker 19: here to protect America Finally we have a president who

1296
01:09:34,640 --> 01:09:37,720
Speaker 19: is here to protect America and American workers.

1297
01:09:38,479 --> 01:09:41,639
Speaker 1: Okay, so for more, let's bring in managing partner over

1298
01:09:41,680 --> 01:09:45,479
Speaker 1: at chat would Investments, Ed Batowski for more on this, Ed,

1299
01:09:45,520 --> 01:09:47,400
Speaker 1: good to have you on the show. Such an important

1300
01:09:47,520 --> 01:09:50,360
Speaker 1: day and important week, you can get a little complicated.

1301
01:09:50,560 --> 01:09:53,000
Speaker 1: What's the one thing our viewers need to know about

1302
01:09:53,000 --> 01:09:56,240
Speaker 1: how the Trump administration's latest tariffs are going to impact them?

1303
01:09:56,479 --> 01:09:59,559
Speaker 1: I mean, he's told Americans to quote Hank Tough, and

1304
01:09:59,600 --> 01:10:02,320
Speaker 1: I know I'm assuming you'll probably say something along those

1305
01:10:02,320 --> 01:10:06,160
Speaker 1: same lines. But what can you tell our audience and

1306
01:10:06,560 --> 01:10:07,400
Speaker 1: viewers today.

1307
01:10:08,680 --> 01:10:11,559
Speaker 25: Well, it's a very very confusing subject, and it's one

1308
01:10:11,640 --> 01:10:14,680
Speaker 25: where everybody is very patriotic until it comes to their

1309
01:10:14,720 --> 01:10:18,599
Speaker 25: pocketbook and the value of their four O one case.

1310
01:10:19,240 --> 01:10:22,879
Speaker 25: But the reality is this is very similar to somebody

1311
01:10:22,920 --> 01:10:26,120
Speaker 25: getting having a deviated septum and then having to go

1312
01:10:26,200 --> 01:10:29,559
Speaker 25: out and get surgery to fix it. It's ugly at first,

1313
01:10:29,600 --> 01:10:33,759
Speaker 25: you have puffy eyes, black eyes and swelling, but eventually

1314
01:10:33,800 --> 01:10:36,280
Speaker 25: you'll start to breathe better. And that's what people need

1315
01:10:36,360 --> 01:10:39,520
Speaker 25: to understand is the similarities between this and a deviated

1316
01:10:39,560 --> 01:10:43,320
Speaker 25: septum surgery is that you really need to go through

1317
01:10:43,320 --> 01:10:46,120
Speaker 25: this process to get to be able to breathe a

1318
01:10:46,400 --> 01:10:49,160
Speaker 25: bit of fresh air. And the United States for a

1319
01:10:49,160 --> 01:10:52,200
Speaker 25: long time has suffered through this. And President Trump ran

1320
01:10:52,360 --> 01:10:55,360
Speaker 25: on this policy. I don't believe anybody thought he would

1321
01:10:55,360 --> 01:10:57,160
Speaker 25: do it all at one time and it would have

1322
01:10:57,200 --> 01:11:00,240
Speaker 25: this impact. But let's also look at the numbers. We're

1323
01:11:00,240 --> 01:11:03,439
Speaker 25: down about twelve percent, and that is not you know,

1324
01:11:03,479 --> 01:11:07,400
Speaker 25: that's a normal correction. I also believe very strongly that

1325
01:11:07,439 --> 01:11:10,120
Speaker 25: the market was overvalued. It was about thirty five percent

1326
01:11:10,240 --> 01:11:15,280
Speaker 25: overvalued prior to him initiating these tariffs, and this was

1327
01:11:15,360 --> 01:11:18,840
Speaker 25: really the catalyst to get things right fitted, meaning the

1328
01:11:18,920 --> 01:11:22,920
Speaker 25: sell off you know, was necessary because things were too expensive.

1329
01:11:23,280 --> 01:11:25,880
Speaker 25: So what happens on Wall Street is that hedge fund

1330
01:11:25,880 --> 01:11:29,280
Speaker 25: managers go risk on or risk off, and they decided

1331
01:11:29,320 --> 01:11:31,519
Speaker 25: that they would go risk off and just sell everything.

1332
01:11:31,880 --> 01:11:34,120
Speaker 25: And that's what's happening. So a lot of companies are

1333
01:11:34,120 --> 01:11:37,840
Speaker 25: being sold indiscriminately that shouldn't be sold, like Meta. Why

1334
01:11:37,920 --> 01:11:41,439
Speaker 25: is Meta being sold off? Just doesn't make any sense.

1335
01:11:41,880 --> 01:11:44,519
Speaker 25: And a lot of these companies, if you really study them,

1336
01:11:44,920 --> 01:11:46,519
Speaker 25: don't make a lot of sense for them to be

1337
01:11:46,920 --> 01:11:48,960
Speaker 25: selling off. So I think the selling is going to

1338
01:11:49,040 --> 01:11:52,160
Speaker 25: start to stop really soon, and we're going to get

1339
01:11:52,200 --> 01:11:55,000
Speaker 25: back to normal trading very very soon, and the stock

1340
01:11:55,040 --> 01:11:57,360
Speaker 25: prices are going to go higher, very very soon.

1341
01:11:58,240 --> 01:11:59,760
Speaker 1: So let me ask you this in terms of the

1342
01:11:59,800 --> 01:12:02,160
Speaker 1: time table, or at least do you say when do

1343
01:12:02,200 --> 01:12:05,240
Speaker 1: you think that could potentially happen? Who knows? I mean

1344
01:12:05,280 --> 01:12:07,320
Speaker 1: we all have our you know, crystal balls out there.

1345
01:12:07,360 --> 01:12:10,280
Speaker 1: But more more than that, you say, it's a course

1346
01:12:10,360 --> 01:12:12,479
Speaker 1: correction or a stock market correction. But where do you

1347
01:12:12,520 --> 01:12:15,160
Speaker 1: get concerned when it gets up to fifteen twenty twenty

1348
01:12:15,160 --> 01:12:17,800
Speaker 1: five percent starting to lose its value? I mean, then

1349
01:12:17,840 --> 01:12:19,960
Speaker 1: we're in more dangerous territory, are we not?

1350
01:12:20,800 --> 01:12:24,760
Speaker 25: Yeah, the percentage that things go down don't concern me.

1351
01:12:24,840 --> 01:12:28,559
Speaker 25: It's how expensive stock prices are. When you start looking

1352
01:12:28,600 --> 01:12:32,920
Speaker 25: at the price earnings multiple versus the earnings forecasts and

1353
01:12:32,960 --> 01:12:35,680
Speaker 25: the price earnings multiple on the stock market, you have

1354
01:12:35,720 --> 01:12:38,719
Speaker 25: to understand how things are valued. But things are valued

1355
01:12:38,760 --> 01:12:41,719
Speaker 25: based on the pe of a company. So the pe

1356
01:12:41,800 --> 01:12:45,160
Speaker 25: of these companies was twenty two and normally they're around

1357
01:12:45,200 --> 01:12:48,680
Speaker 25: seventeen eighteen. So that means that companies would have to

1358
01:12:48,680 --> 01:12:52,040
Speaker 25: have grown their earnings at twenty two percent this year

1359
01:12:52,320 --> 01:12:55,920
Speaker 25: to support that lofty price earnings multiple, and none of

1360
01:12:55,920 --> 01:12:57,760
Speaker 25: them could do that, So that's why I had to

1361
01:12:57,800 --> 01:12:59,599
Speaker 25: sell off. So you have to really, you know, kind

1362
01:12:59,640 --> 01:13:02,719
Speaker 25: of take the cover off, you know, peel the layer

1363
01:13:02,760 --> 01:13:06,400
Speaker 25: back and really understand how the evaluations. And David, it's

1364
01:13:06,439 --> 01:13:09,839
Speaker 25: also important to note that the team quickly go ahead.

1365
01:13:10,160 --> 01:13:12,800
Speaker 25: The tenure treasury has come down quite a bit and

1366
01:13:12,800 --> 01:13:14,920
Speaker 25: that has helped the valuation on stock prinstance.

1367
01:13:15,640 --> 01:13:17,120
Speaker 1: Good to know or we're about to get to the

1368
01:13:17,200 --> 01:13:19,000
Speaker 1: Dow Live. That's why I had to kind of go

1369
01:13:19,080 --> 01:13:21,200
Speaker 1: quickly there. But you're the best dead. We appreciate you

1370
01:13:21,320 --> 01:13:24,080
Speaker 1: as always. Let us go to Terrence and Denver. We've

1371
01:13:24,080 --> 01:13:26,320
Speaker 1: got the opening bell. Here we go at the New

1372
01:13:26,360 --> 01:13:29,160
Speaker 1: York Stock Exchange. Sponsored by AMAC.

1373
01:13:29,040 --> 01:13:33,559
Speaker 10: The Association of Mature American Citizens is the conservative voice

1374
01:13:33,640 --> 01:13:37,600
Speaker 10: for Americans fifty and older. AMAC is fighting for the

1375
01:13:37,720 --> 01:13:41,519
Speaker 10: values that you hold, dear and joined today together we

1376
01:13:41,600 --> 01:13:45,280
Speaker 10: can write the course of America.

1377
01:13:45,439 --> 01:13:47,280
Speaker 3: We're less than a minute from the opening bell at

1378
01:13:47,280 --> 01:13:49,320
Speaker 3: the New York Stock Exchange. It is going to ring

1379
01:13:49,400 --> 01:13:51,639
Speaker 3: here in short order, and then we'll get a sense

1380
01:13:51,640 --> 01:13:53,960
Speaker 3: of how US stocks are looking. I can tell you

1381
01:13:54,240 --> 01:13:56,839
Speaker 3: that global stocks have been in the free fall, particularly

1382
01:13:56,880 --> 01:14:00,360
Speaker 3: those in Europe and in Asia. Pre market t's trading

1383
01:14:00,400 --> 01:14:03,360
Speaker 3: also not looking so hot right now, even after last

1384
01:14:03,400 --> 01:14:06,640
Speaker 3: week when markets fell pretty significantly. But just hold on

1385
01:14:06,760 --> 01:14:10,240
Speaker 3: if you can. The Travelers Institute from Travelers is here

1386
01:14:10,479 --> 01:14:13,120
Speaker 3: at the podium. They're applauding. The bell is now ringing,

1387
01:14:13,160 --> 01:14:16,280
Speaker 3: which means the markets are officially open. And just like that,

1388
01:14:16,360 --> 01:14:19,080
Speaker 3: ladies and gentlemen, here's how things are looking. The Dow

1389
01:14:19,240 --> 01:14:21,719
Speaker 3: again is down well over two and a half percent,

1390
01:14:22,000 --> 01:14:24,400
Speaker 3: the S and P five hundred down almost three percent,

1391
01:14:24,439 --> 01:14:27,920
Speaker 3: and the NASDAC also down almost three percent. Right now,

1392
01:14:28,040 --> 01:14:31,320
Speaker 3: there's been a pretty precipitous fall in terms of the stocks.

1393
01:14:31,400 --> 01:14:34,360
Speaker 3: But if you can hold on, don't fear because hopefully

1394
01:14:34,360 --> 01:14:37,120
Speaker 3: brighter days will be here in the markets themselves will

1395
01:14:37,200 --> 01:14:42,280
Speaker 3: self correct tariff wars, recession fears, and stubborn inflation. No wonder.

1396
01:14:42,439 --> 01:14:46,439
Speaker 3: Gold has been routinely hitting all time highs in voladle

1397
01:14:46,479 --> 01:14:49,080
Speaker 3: markets like right now. Don't sit on the sidelines with

1398
01:14:49,120 --> 01:14:52,600
Speaker 3: your head in the sand, take control and safeguard your savings.

1399
01:14:53,600 --> 01:14:56,360
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1400
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1401
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1402
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Speaker 3: an IRA in physical gold. So is it time for

1403
01:15:06,280 --> 01:15:09,759
Speaker 3: you to hedge against inflation and economic instability with gold?

1404
01:15:09,960 --> 01:15:12,040
Speaker 3: By the way, gold and silver were the two bright

1405
01:15:12,040 --> 01:15:13,920
Speaker 3: spots on the board if you happen to notice that

1406
01:15:14,000 --> 01:15:16,120
Speaker 3: just a couple of moments ago. If you'd like to

1407
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Speaker 3: learn how to own physical gold and attack sheltered account,

1408
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Speaker 3: text the word America to the number ninety eight ninety

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1410
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1411
01:15:28,240 --> 01:15:31,360
Speaker 3: America to the number ninety eight ninety eight ninety eight

1412
01:15:31,640 --> 01:15:33,759
Speaker 3: with an A plus rating with the Better Business Bureau

1413
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Speaker 3: and countless five star reviews. So many Americans trust the

1414
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Speaker 3: Birch Gold Group to help them protect their savings with gold,

1415
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Speaker 3: and you can as well. It took decades to get

1416
01:15:43,320 --> 01:15:45,720
Speaker 3: into the tangled mess that we're in right now, and

1417
01:15:45,760 --> 01:15:47,920
Speaker 3: it might take a little time to unpack as well.

1418
01:15:48,160 --> 01:15:50,320
Speaker 3: So how long will it take to get out and

1419
01:15:50,520 --> 01:15:52,719
Speaker 3: what's it going to cost you? Or you can find

1420
01:15:52,720 --> 01:15:55,360
Speaker 3: that information out through the Birch Gold Group. Text the

1421
01:15:55,400 --> 01:15:58,639
Speaker 3: word America to the number ninety eight ninety eight ninety

1422
01:15:58,640 --> 01:16:03,160
Speaker 3: eight today, still to come. Here on American Sunrise, former

1423
01:16:03,160 --> 01:16:06,720
Speaker 3: President Barack Obama breaks his silence against the Trump administration.

1424
01:16:07,320 --> 01:16:10,720
Speaker 3: All of this happened in a highly critical tirade. So

1425
01:16:10,840 --> 01:16:13,920
Speaker 3: what did President Obama lash out at the Trump administration for.

1426
01:16:14,520 --> 01:16:17,200
Speaker 3: We've got the details next too, on American Sunways.

1427
01:16:42,479 --> 01:16:45,800
Speaker 5: Welcome back to American Sunrise. I'm Alison Hans filling in

1428
01:16:45,840 --> 01:16:48,960
Speaker 5: for doctor Gina. Thanks for joining us this morning. We

1429
01:16:49,040 --> 01:16:52,400
Speaker 5: invite you to join the conversation on Getter and Rumble.

1430
01:16:52,840 --> 01:16:55,600
Speaker 5: Time now to take the political pulse of America the

1431
01:16:55,640 --> 01:17:01,519
Speaker 5: beat Today, the Trump Obama bromance is over. Former President

1432
01:17:01,560 --> 01:17:05,919
Speaker 5: Barack Obama went on a war path of words against

1433
01:17:06,040 --> 01:17:08,040
Speaker 5: President Donald Trump's administration.

1434
01:17:08,520 --> 01:17:09,519
Speaker 4: Obama spoke to.

1435
01:17:09,640 --> 01:17:14,160
Speaker 5: Attendees at a speech at Hamilton College in Clinton.

1436
01:17:13,800 --> 01:17:15,280
Speaker 4: New York, last Thursday.

1437
01:17:15,800 --> 01:17:19,400
Speaker 5: He was highly critical of what is happening to America

1438
01:17:19,479 --> 01:17:20,120
Speaker 5: under Trump.

1439
01:17:20,600 --> 01:17:24,120
Speaker 26: One of the things that has distinguished us in the

1440
01:17:24,160 --> 01:17:28,679
Speaker 26: past has been this basic idea that we are a

1441
01:17:28,800 --> 01:17:30,240
Speaker 26: rules based society.

1442
01:17:30,800 --> 01:17:34,679
Speaker 3: What that means is that, you know what.

1443
01:17:35,040 --> 01:17:39,760
Speaker 26: I can support one candidate instead of another, and I

1444
01:17:39,800 --> 01:17:44,719
Speaker 26: don't have to worry that the police are gonna come

1445
01:17:46,200 --> 01:17:52,120
Speaker 26: harass me or my customers. That's what happens in other places.

1446
01:17:54,479 --> 01:17:56,880
Speaker 5: And let's get reaction to what you just heard from

1447
01:17:57,120 --> 01:18:01,960
Speaker 5: Ike Wingate, host of the Ike win Gate Welcome, Ike,

1448
01:18:02,040 --> 01:18:04,160
Speaker 5: how you doing, good morning.

1449
01:18:04,200 --> 01:18:05,360
Speaker 20: It's great to be with you all.

1450
01:18:05,560 --> 01:18:06,639
Speaker 4: Oh our pleasure.

1451
01:18:06,960 --> 01:18:09,880
Speaker 5: Okay. I don't know if there was ever a bromance there.

1452
01:18:10,080 --> 01:18:13,840
Speaker 5: I mean, it might have been civil. But what's your take.

1453
01:18:13,680 --> 01:18:14,320
Speaker 4: On all of this.

1454
01:18:15,680 --> 01:18:18,800
Speaker 27: Well, it's definitely a stark difference from when they were

1455
01:18:18,840 --> 01:18:23,479
Speaker 27: being quite chummy there at President Carter's funeral and of

1456
01:18:23,479 --> 01:18:25,880
Speaker 27: course getting a lot of side eye looks at that

1457
01:18:26,000 --> 01:18:28,760
Speaker 27: point as two kids cutting up. They almost had to

1458
01:18:28,960 --> 01:18:31,200
Speaker 27: go to the back of the room. But I don't

1459
01:18:31,200 --> 01:18:33,640
Speaker 27: know that there was ever a true bromance. But you

1460
01:18:33,680 --> 01:18:38,559
Speaker 27: could tell that President Trump was actually very funny and

1461
01:18:38,680 --> 01:18:42,000
Speaker 27: entertaining with that conversation there. But Barack Obama, as we

1462
01:18:42,040 --> 01:18:45,479
Speaker 27: get back to current, he is vying and trying so

1463
01:18:45,680 --> 01:18:48,519
Speaker 27: hard for credibility right now. I think it's very very

1464
01:18:49,760 --> 01:18:53,439
Speaker 27: evident that he has lost his hold and his.

1465
01:18:53,439 --> 01:18:55,240
Speaker 20: Control inside the Democrat Party.

1466
01:18:55,280 --> 01:18:57,639
Speaker 27: When you're hearing of books coming out between a riff

1467
01:18:58,360 --> 01:19:01,799
Speaker 27: with him and Kamala harri Us, and then the fact

1468
01:19:01,840 --> 01:19:06,400
Speaker 27: that the brothers as he called him needed to vote

1469
01:19:06,400 --> 01:19:09,360
Speaker 27: for Kamala Harris. They ignored him, and now I think

1470
01:19:09,400 --> 01:19:12,800
Speaker 27: he is going on a tour grasping at relevance as

1471
01:19:12,840 --> 01:19:16,800
Speaker 27: the party goes further and further left.

1472
01:19:17,920 --> 01:19:21,640
Speaker 3: Like Another big part of President Obama's speech was basically

1473
01:19:21,720 --> 01:19:26,479
Speaker 3: Trump's crackdown. President Trump's crackdown on law firms, press freedoms,

1474
01:19:26,640 --> 01:19:29,120
Speaker 3: and free speech in colleges and universities. In case you

1475
01:19:29,200 --> 01:19:31,439
Speaker 3: missed it, here's that segment. And then we'll talk on

1476
01:19:31,479 --> 01:19:32,160
Speaker 3: the other side.

1477
01:19:32,240 --> 01:19:34,640
Speaker 26: If you're a law firm being threatened, you might have

1478
01:19:34,720 --> 01:19:38,040
Speaker 26: to say, okay, we will lose some business because we're

1479
01:19:38,040 --> 01:19:41,840
Speaker 26: going to stand for a principle. If you are a university,

1480
01:19:46,240 --> 01:19:49,160
Speaker 26: If you are at a university, you may have to say,

1481
01:19:49,520 --> 01:19:53,800
Speaker 26: figure out, are we in fact doing things right? Have

1482
01:19:53,920 --> 01:19:58,559
Speaker 26: we in fact violated our own values, our own code,

1483
01:19:58,720 --> 01:20:01,800
Speaker 26: violated the law and some fashion. If not, and you're

1484
01:20:01,840 --> 01:20:05,280
Speaker 26: just being intimidated, well you should be able to say, well,

1485
01:20:05,320 --> 01:20:07,719
Speaker 26: that's why we got this big endowment.

1486
01:20:10,920 --> 01:20:13,240
Speaker 3: So it seems those are questions that could have also

1487
01:20:13,320 --> 01:20:15,839
Speaker 3: been posed at the previous administration would have been accurate.

1488
01:20:17,040 --> 01:20:19,200
Speaker 27: So much of the situation that we're in today is

1489
01:20:19,240 --> 01:20:21,840
Speaker 27: because of what happened during the Obama administration.

1490
01:20:21,960 --> 01:20:23,400
Speaker 20: He has no room to talk.

1491
01:20:23,439 --> 01:20:25,680
Speaker 27: This is literally like the big bad wolf trying to

1492
01:20:25,720 --> 01:20:28,759
Speaker 27: convince the three little piggies that he is all about

1493
01:20:29,120 --> 01:20:34,639
Speaker 27: protecting them. During the Obama administration, one he wire tapped

1494
01:20:35,400 --> 01:20:39,080
Speaker 27: Fox News contributors. Obviously, he was part of an okay,

1495
01:20:39,160 --> 01:20:44,639
Speaker 27: the Crossfire Hurricane investigation into the Donald Trump Russian collusion hoax.

1496
01:20:45,080 --> 01:20:48,760
Speaker 27: And we know that law Fair is continuing to be

1497
01:20:48,960 --> 01:20:51,760
Speaker 27: used as it has been the past few years. There's

1498
01:20:51,800 --> 01:20:56,360
Speaker 27: this project called the sixty five project that Alan Dershowitz

1499
01:20:56,400 --> 01:20:59,160
Speaker 27: talks about, where all these attorneys got together basically to

1500
01:20:59,240 --> 01:21:02,200
Speaker 27: go after anybody who defended Donald Trump. And you know

1501
01:21:02,720 --> 01:21:06,920
Speaker 27: also in that case with Stormy Daniels that Mark pomerants

1502
01:21:07,280 --> 01:21:10,840
Speaker 27: he actually left a great paying job and went and

1503
01:21:10,880 --> 01:21:14,400
Speaker 27: worked for Alvin Bragg just to go after Trump. So

1504
01:21:14,880 --> 01:21:17,320
Speaker 27: this whole idea that all of these law firms who

1505
01:21:17,320 --> 01:21:21,519
Speaker 27: are engaging on the taxpayer dime in law fair have

1506
01:21:21,760 --> 01:21:25,880
Speaker 27: security clearances and all of these special opportunities, I think

1507
01:21:25,960 --> 01:21:28,160
Speaker 27: is ridiculous. I still don't understand how they had him

1508
01:21:28,200 --> 01:21:31,360
Speaker 27: in the first place. But nobody can talk about Lawfair

1509
01:21:32,120 --> 01:21:35,120
Speaker 27: when it comes to President Obama trying to take the

1510
01:21:35,200 --> 01:21:39,200
Speaker 27: high road. All he's doing is trying to vie again,

1511
01:21:39,360 --> 01:21:41,960
Speaker 27: like I said, for relevance while he lies on the

1512
01:21:41,960 --> 01:21:42,760
Speaker 27: back end of it.

1513
01:21:43,680 --> 01:21:47,479
Speaker 1: Absolutely, how about the wire tapping of Trump's phone there

1514
01:21:47,800 --> 01:21:52,439
Speaker 1: during the campaign for president, There's no doubt about that. Hey,

1515
01:21:53,479 --> 01:21:57,960
Speaker 1: look Obama, here's his deal, right. I mean he's far left.

1516
01:21:58,680 --> 01:22:01,600
Speaker 1: And when I say far left right community organizer, I

1517
01:22:01,640 --> 01:22:05,080
Speaker 1: mean his DNA is definitely far left. But he comes

1518
01:22:05,080 --> 01:22:08,320
Speaker 1: across as like this guy, you know, hope and change,

1519
01:22:08,360 --> 01:22:10,480
Speaker 1: trying to get to the middle, and he wants Democrats

1520
01:22:10,479 --> 01:22:13,360
Speaker 1: now to kind of you know, understand where America's at.

1521
01:22:13,520 --> 01:22:16,080
Speaker 1: Like he talks a good game, but he's one of them.

1522
01:22:16,360 --> 01:22:19,519
Speaker 1: I mean, he's a far leftist guy. So you know

1523
01:22:19,600 --> 01:22:22,880
Speaker 1: that that should be really a concern that we don't

1524
01:22:22,920 --> 01:22:25,639
Speaker 1: get hoodwinked again, or at least Americans don't get hoodwinked

1525
01:22:25,640 --> 01:22:28,640
Speaker 1: again by some of this nonsense stuff that he's talking about.

1526
01:22:29,439 --> 01:22:32,360
Speaker 27: Well, the most stark place that it has shown up

1527
01:22:32,560 --> 01:22:37,720
Speaker 27: in my investigations has been our military. The DEI initiatives

1528
01:22:38,120 --> 01:22:42,040
Speaker 27: are rampant through the military, and that is Obama's fault.

1529
01:22:42,320 --> 01:22:45,280
Speaker 20: We can thank him. These policies do not work.

1530
01:22:45,600 --> 01:22:47,960
Speaker 27: One thing that Obama did say in that speech where

1531
01:22:47,960 --> 01:22:49,640
Speaker 27: he said, you know, it's up to us, it's up

1532
01:22:49,680 --> 01:22:52,920
Speaker 27: to us to do something about it. That's actually true.

1533
01:22:53,320 --> 01:22:56,480
Speaker 27: It is up to Americans. It is the pursuit of happiness.

1534
01:22:56,520 --> 01:22:59,360
Speaker 27: It is a right, but not a guarantee. This is

1535
01:22:59,400 --> 01:23:02,320
Speaker 27: part of the culture. But for so long Obama said,

1536
01:23:02,360 --> 01:23:05,080
Speaker 27: you didn't build that, that's not for you. Somebody else

1537
01:23:05,080 --> 01:23:08,759
Speaker 27: did that, and basically looking to somebody else to solve

1538
01:23:08,840 --> 01:23:11,960
Speaker 27: our problem. So he actually did say something I liked,

1539
01:23:12,280 --> 01:23:15,960
Speaker 27: But this is not These are not policies that are

1540
01:23:15,960 --> 01:23:19,960
Speaker 27: good for the American people, because Obama will again be

1541
01:23:20,040 --> 01:23:23,880
Speaker 27: out there telling people that they're victims and that the

1542
01:23:24,080 --> 01:23:27,759
Speaker 27: government or someone with privilege owes them something.

1543
01:23:28,080 --> 01:23:30,840
Speaker 20: This is Marxist, it is not American.

1544
01:23:31,240 --> 01:23:34,040
Speaker 27: And despite the fact that he talks well, even though

1545
01:23:34,080 --> 01:23:37,920
Speaker 27: in that clip and that talk, I was sort of

1546
01:23:38,000 --> 01:23:39,120
Speaker 27: bored with Obama.

1547
01:23:39,400 --> 01:23:40,240
Speaker 20: But even though he.

1548
01:23:40,160 --> 01:23:43,280
Speaker 27: Does do a good job with his speeches, you can't

1549
01:23:43,280 --> 01:23:47,120
Speaker 27: believe him. You cannot believe him. And his policies are

1550
01:23:47,280 --> 01:23:51,600
Speaker 27: what wrecked America. We would never have Donald Trump. The

1551
01:23:51,640 --> 01:23:55,280
Speaker 27: appetite would never be to elect Donald Trump were it

1552
01:23:55,360 --> 01:23:59,360
Speaker 27: not for Obama. Totally driving our country into the ditch.

1553
01:24:00,040 --> 01:24:02,120
Speaker 1: One hundred percent agree with them, such a hundred percent

1554
01:24:02,120 --> 01:24:02,559
Speaker 1: agree with.

1555
01:24:02,560 --> 01:24:04,880
Speaker 5: Him, and I I totally agree with you that the

1556
01:24:05,040 --> 01:24:07,559
Speaker 5: energy was very low there.

1557
01:24:07,760 --> 01:24:12,240
Speaker 4: He did not seem like he was on point. Anyway,

1558
01:24:12,400 --> 01:24:13,880
Speaker 4: we want to move on.

1559
01:24:14,000 --> 01:24:18,599
Speaker 5: Meanwhile, the possible twenty twenty eight matchup for New York's

1560
01:24:18,720 --> 01:24:23,599
Speaker 5: Senate seat is leaning heavily towards one person squad member

1561
01:24:23,960 --> 01:24:29,840
Speaker 5: Congresswoman AOC. Now, according to a poll by Politico, AOC

1562
01:24:30,120 --> 01:24:35,040
Speaker 5: has fifty five percent of Democrat voters supporting her, whereas

1563
01:24:35,160 --> 01:24:39,839
Speaker 5: only thirty six percent are backing Senate Minority Leader Chuck Schumer.

1564
01:24:40,200 --> 01:24:43,120
Speaker 5: AOC was one of the first stems to speak out

1565
01:24:43,120 --> 01:24:47,320
Speaker 5: against Schumer after he backed the GOP's government funding bill

1566
01:24:47,360 --> 01:24:51,360
Speaker 5: to avert a shutdown. Now, AOC has not indicated if

1567
01:24:51,479 --> 01:24:55,640
Speaker 5: she'll run. Schumer already filed to run for reelections. So

1568
01:24:56,640 --> 01:25:01,280
Speaker 5: what is the future for Schumer and AOC political careers?

1569
01:25:03,080 --> 01:25:05,080
Speaker 20: I would say get the popcorn ready.

1570
01:25:05,120 --> 01:25:10,160
Speaker 27: This is highly entertaining anytime you have an incumbent that

1571
01:25:10,280 --> 01:25:14,040
Speaker 27: is being challenged by someone who is in the party. Oh,

1572
01:25:14,080 --> 01:25:17,559
Speaker 27: there are some big fights going on behind the scenes,

1573
01:25:17,600 --> 01:25:19,920
Speaker 27: you know, Chuck Schumer I'm not defending Chuck Schumer. He's

1574
01:25:20,080 --> 01:25:22,439
Speaker 27: he's been in office longer than I've been alive, if

1575
01:25:22,479 --> 01:25:25,680
Speaker 27: that tells you anything. This guy's a lifelong politician. But

1576
01:25:25,840 --> 01:25:28,559
Speaker 27: I find it interesting that the left they are eating

1577
01:25:28,640 --> 01:25:29,160
Speaker 27: their own.

1578
01:25:29,479 --> 01:25:30,759
Speaker 20: They are eating their own right.

1579
01:25:30,640 --> 01:25:34,599
Speaker 27: Now because Chuck Schumer voted for that continued spending bill

1580
01:25:34,680 --> 01:25:38,639
Speaker 27: at the same levels that the Biden administration was spending under.

1581
01:25:38,720 --> 01:25:41,439
Speaker 27: So it all comes back to how dare you do

1582
01:25:41,560 --> 01:25:46,679
Speaker 27: anything that might help Trump's agenda? And so I think

1583
01:25:46,720 --> 01:25:50,680
Speaker 27: it actually shows just how radical the left is.

1584
01:25:51,040 --> 01:25:51,799
Speaker 20: Here's the problem.

1585
01:25:51,800 --> 01:25:53,640
Speaker 27: And I don't really want to help Democrats because I'm

1586
01:25:53,680 --> 01:25:57,120
Speaker 27: a conservative, but they are doubling down on stupidity and

1587
01:25:57,160 --> 01:26:00,720
Speaker 27: going further and further left. Instead of learning after this

1588
01:26:00,840 --> 01:26:04,320
Speaker 27: election that hey, the far left stuff doesn't resonate with

1589
01:26:04,439 --> 01:26:07,679
Speaker 27: the average American, they are continuing to go further left,

1590
01:26:08,360 --> 01:26:12,200
Speaker 27: and AOC would be further left. They literally need to

1591
01:26:12,240 --> 01:26:14,280
Speaker 27: be listening to people like Steven A. Smith, a guy

1592
01:26:14,320 --> 01:26:16,920
Speaker 27: who lives in New York who could run for this seat,

1593
01:26:16,960 --> 01:26:19,160
Speaker 27: who's saying, hey, we got it wrong, we got it

1594
01:26:19,200 --> 01:26:21,160
Speaker 27: wrong on this and this, and actually we need to

1595
01:26:21,160 --> 01:26:24,800
Speaker 27: go this direction and be more moderate that's the only

1596
01:26:24,840 --> 01:26:29,559
Speaker 27: hope the Democrats really have of having any success long term.

1597
01:26:30,000 --> 01:26:31,960
Speaker 20: They do not need to go further left.

1598
01:26:32,280 --> 01:26:35,920
Speaker 27: But I will be watching from an entertainment standpoint if

1599
01:26:35,960 --> 01:26:38,960
Speaker 27: AOC does in fact decide to challenge Chuck Schumer.

1600
01:26:40,840 --> 01:26:43,960
Speaker 5: Ike winn Gate, thanks so much for joining us this morning.

1601
01:26:44,240 --> 01:26:46,720
Speaker 5: It really was an absolute pleasure to have you here.

1602
01:26:47,560 --> 01:26:49,799
Speaker 3: Thanks Raving. First take, Ike.

1603
01:26:51,640 --> 01:26:54,840
Speaker 5: Doubling down. I'm doubling down on stupidity. I'm taking that

1604
01:26:54,880 --> 01:26:57,719
Speaker 5: one with me. Well, coming up, it's been a rock

1605
01:26:57,800 --> 01:27:01,200
Speaker 5: and roll first fifty days for President Trump. As we

1606
01:27:01,280 --> 01:27:06,480
Speaker 5: watch history unfold in moments, a breakdown of what Trump's

1607
01:27:06,600 --> 01:27:10,640
Speaker 5: done already that will be remembered always.

1608
01:27:10,840 --> 01:27:13,599
Speaker 6: And later our daily dose of joy.

1609
01:27:13,880 --> 01:27:16,840
Speaker 5: Meet a man on a mission to spread kindness and

1610
01:27:16,960 --> 01:27:19,160
Speaker 5: smiles on the New York subway.

1611
01:27:19,360 --> 01:27:20,240
Speaker 4: We'll be right back.

1612
01:27:35,479 --> 01:27:36,800
Speaker 7: Let's spill some tea.

1613
01:27:40,760 --> 01:27:43,400
Speaker 3: Welcome back, everyone, I'm Terrence Bates. It is time to

1614
01:27:43,400 --> 01:27:45,920
Speaker 3: spill some tea. And let's spill some tea, of course,

1615
01:27:46,000 --> 01:27:49,960
Speaker 3: is sponsored by Artillery Tea Company. Artillerytco dot com is

1616
01:27:50,000 --> 01:27:54,000
Speaker 3: the website. Use the promo code America's TA for twenty

1617
01:27:54,040 --> 01:27:57,559
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1618
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1619
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1620
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Speaker 3: just once, but twice. Artillery Tea Company is family and

1621
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Speaker 3: veteran owned and operated and a portunary. A portion of

1622
01:28:09,320 --> 01:28:15,200
Speaker 3: your purchase goes to help first responder charities Artillerytco dot com. Again,

1623
01:28:15,280 --> 01:28:18,040
Speaker 3: that's the website used the promo code America's Tea for

1624
01:28:18,200 --> 01:28:22,160
Speaker 3: twenty five percent off of your first order in the cup. Today,

1625
01:28:22,439 --> 01:28:26,040
Speaker 3: the sinking stock markets what everyone is talking about. The

1626
01:28:26,160 --> 01:28:28,080
Speaker 3: S and P five hundred is seeing one of its

1627
01:28:28,120 --> 01:28:31,559
Speaker 3: worst starts ever in the Trump presidency's first fifty days.

1628
01:28:31,920 --> 01:28:34,760
Speaker 3: That is, according to Yahoo Finance, the S and P

1629
01:28:34,960 --> 01:28:39,080
Speaker 3: five hundred has dropped about six point four percent. Only

1630
01:28:39,160 --> 01:28:42,799
Speaker 3: former presidents Richard Nixon and George W. Bush had worst

1631
01:28:42,800 --> 01:28:47,400
Speaker 3: starts than President Donald Trump. For historical perspective, let's bring

1632
01:28:47,400 --> 01:28:50,519
Speaker 3: in presidential historian Craig Shirley. Craig always good to see you.

1633
01:28:50,479 --> 01:28:53,160
Speaker 28: Welcome, Thank you, Terreen's good to see you too.

1634
01:28:54,320 --> 01:28:57,240
Speaker 3: So I'm curious lay out some of the historical patterns

1635
01:28:57,240 --> 01:28:59,759
Speaker 3: for rough presidential starts when it comes to the stock markets.

1636
01:28:59,760 --> 01:29:03,120
Speaker 28: For well, the Blue ribbon has to go to Herbert

1637
01:29:03,200 --> 01:29:07,880
Speaker 28: Hoover when the stock market crashed. The first year he

1638
01:29:07,960 --> 01:29:10,759
Speaker 28: lost thirty percent of the value of the stock market,

1639
01:29:10,960 --> 01:29:13,719
Speaker 28: and over four years the lost seventy percent of its value.

1640
01:29:13,840 --> 01:29:21,080
Speaker 28: So not close behind, but behind Teddy Roosevelt, then Richard Nixon.

1641
01:29:22,160 --> 01:29:26,400
Speaker 28: They both had really abysmal starts to the stock market.

1642
01:29:28,400 --> 01:29:31,840
Speaker 3: TIFFs, of course, have been a critical key historically for

1643
01:29:31,920 --> 01:29:34,400
Speaker 3: the US government. At one point, the US was fully

1644
01:29:34,439 --> 01:29:38,120
Speaker 3: funded by tariffs. Explain that and put that in historical context.

1645
01:29:38,160 --> 01:29:43,439
Speaker 28: For US, well before the income tax was instituted early

1646
01:29:43,479 --> 01:29:47,960
Speaker 28: in the twentieth century, the main source of income for

1647
01:29:48,000 --> 01:29:53,800
Speaker 28: the US government was from tariffs, from ships, from things

1648
01:29:53,800 --> 01:29:56,799
Speaker 28: being shipped out and things being shipped into the United States.

1649
01:29:57,200 --> 01:30:01,240
Speaker 28: Is that as we went to an incomes based system,

1650
01:30:01,439 --> 01:30:06,240
Speaker 28: income tax based system, we gradually shifted away from tariffs

1651
01:30:06,840 --> 01:30:11,120
Speaker 28: and were until Smooth Holly in nineteen thirty three, which

1652
01:30:11,320 --> 01:30:14,439
Speaker 28: sent us further into depression, which was a high terriff

1653
01:30:14,520 --> 01:30:19,919
Speaker 28: act signed by President by President Hoover. We've been essentially

1654
01:30:19,960 --> 01:30:24,160
Speaker 28: a free trade country for most of those years, and

1655
01:30:24,360 --> 01:30:25,479
Speaker 28: especially under L.

1656
01:30:25,600 --> 01:30:25,960
Speaker 7: Reagan.

1657
01:30:26,920 --> 01:30:29,640
Speaker 28: Ral Reagan, you know, everything in Reagan did has to

1658
01:30:29,640 --> 01:30:32,680
Speaker 28: be judged in the shadow of the Cold War, and

1659
01:30:32,720 --> 01:30:38,520
Speaker 28: he instituted NAFTA and the Caribbean Basion Initiative to strengthen economic,

1660
01:30:38,800 --> 01:30:44,479
Speaker 28: social political ties between the United States, Canada, Mexico, the

1661
01:30:44,520 --> 01:30:49,240
Speaker 28: South America and the Caribbean Caribbean basin against the against

1662
01:30:49,280 --> 01:30:53,160
Speaker 28: the Soviet unions, and to restate the Monroe doctrine.

1663
01:30:54,360 --> 01:30:57,160
Speaker 3: So is the idea of returning to a heavily tariff

1664
01:30:57,200 --> 01:31:00,519
Speaker 3: based system, or even depending more heavily owned taris in

1665
01:31:00,560 --> 01:31:03,360
Speaker 3: order to fund the government? Is that an antiquated idea?

1666
01:31:03,439 --> 01:31:06,320
Speaker 3: Is it unreasonable or is it something that potentially could happen?

1667
01:31:06,840 --> 01:31:09,000
Speaker 3: And I guess I touched that question and the idea

1668
01:31:09,280 --> 01:31:11,680
Speaker 3: that it appears that's where President Trump is to some

1669
01:31:11,760 --> 01:31:13,280
Speaker 3: degree trying to go at this point.

1670
01:31:14,400 --> 01:31:17,160
Speaker 28: Terrence, I think, personally, I'm a free trader. I think

1671
01:31:17,200 --> 01:31:20,160
Speaker 28: it's an adequate, antiquated idea. I don't think it'll work,

1672
01:31:20,439 --> 01:31:23,280
Speaker 28: and I see cracks in the wall already forming.

1673
01:31:23,320 --> 01:31:23,479
Speaker 4: You know.

1674
01:31:23,840 --> 01:31:28,280
Speaker 28: Elon Musk this morning tweeted out a lecture by by

1675
01:31:28,400 --> 01:31:32,760
Speaker 28: the great economists of Milton Friedman advocating the virtues of

1676
01:31:32,840 --> 01:31:36,360
Speaker 28: our free trade system. Senator Ran Paul has already made

1677
01:31:36,360 --> 01:31:39,720
Speaker 28: his position known the Heritage Foundation has already come out

1678
01:31:39,760 --> 01:31:43,160
Speaker 28: against the against the high tariff, so I don't see

1679
01:31:43,360 --> 01:31:47,400
Speaker 28: this lasting much longer. And also, fifty countries have already

1680
01:31:47,439 --> 01:31:51,880
Speaker 28: contacted the Trump administration saying they're willing to negotiate. So

1681
01:31:52,560 --> 01:31:54,640
Speaker 28: I think I think it's time for Donald Trump to

1682
01:31:54,680 --> 01:31:59,000
Speaker 28: declare victory and to and to withdraw these tariffs and

1683
01:32:00,040 --> 01:32:01,879
Speaker 28: negotiate with these individual countries.

1684
01:32:03,000 --> 01:32:05,679
Speaker 3: Well to your point about the negotiations and the fact

1685
01:32:05,680 --> 01:32:09,280
Speaker 3: that these fifty countries will say dozens of countries are

1686
01:32:09,280 --> 01:32:11,040
Speaker 3: bowing the knee if you will and saying okay, look,

1687
01:32:11,040 --> 01:32:15,120
Speaker 3: mister thomp we're willing to talk. That obviously is a victory,

1688
01:32:15,240 --> 01:32:18,000
Speaker 3: but it also shows that tariffs are a tool to

1689
01:32:18,080 --> 01:32:21,840
Speaker 3: get people to cooperate, to get people to the bargaining table.

1690
01:32:22,120 --> 01:32:23,840
Speaker 3: It's not all about the economy.

1691
01:32:24,520 --> 01:32:27,280
Speaker 28: Yeah, but I absolutely they are a tool.

1692
01:32:27,280 --> 01:32:28,040
Speaker 3: I agree with that.

1693
01:32:28,439 --> 01:32:32,919
Speaker 28: But we are a different economic system than many other countries.

1694
01:32:33,360 --> 01:32:39,080
Speaker 28: We are heavily, heavily labor or oriented economy. Plus we

1695
01:32:39,160 --> 01:32:44,600
Speaker 28: have lots of rules and regulations that are promulgated by

1696
01:32:44,880 --> 01:32:49,200
Speaker 28: lawyers and lobbyists, so we have heavy costs here in

1697
01:32:49,200 --> 01:32:51,320
Speaker 28: the United States that you don't have. And say, like

1698
01:32:51,400 --> 01:32:55,160
Speaker 28: Mexico or South American countries because of the heavy presence

1699
01:32:55,200 --> 01:32:58,960
Speaker 28: of labor and the heavy presidence of regulations. So the

1700
01:32:59,000 --> 01:33:03,880
Speaker 28: things here just your by necessity, not by necessity, but

1701
01:33:04,000 --> 01:33:06,479
Speaker 28: just as a matter of fact, more expensive than they

1702
01:33:06,520 --> 01:33:07,840
Speaker 28: are in other parts of the world.

1703
01:33:09,680 --> 01:33:12,320
Speaker 3: Interesting perspective, Craig. Always good to talk to you, my friend.

1704
01:33:12,360 --> 01:33:13,160
Speaker 3: I appreciate it.

1705
01:33:13,840 --> 01:33:14,559
Speaker 28: Thank you, charreence.

1706
01:33:14,600 --> 01:33:17,439
Speaker 3: Have a good day you as well, my friend, and

1707
01:33:17,479 --> 01:33:19,120
Speaker 3: we of course want to know what you think about

1708
01:33:19,160 --> 01:33:21,360
Speaker 3: all of this. Let us know on both get ring on, rumble,

1709
01:33:21,439 --> 01:33:24,360
Speaker 3: looking forward to your comments. Hop on, let your voice

1710
01:33:24,400 --> 01:33:27,040
Speaker 3: be heard. I'll be hopping on in short order, interested

1711
01:33:27,040 --> 01:33:29,280
Speaker 3: in what you have to say. Still to come here

1712
01:33:29,320 --> 01:33:33,000
Speaker 3: on American Sunrise, smiling on this subway. Well it sounds

1713
01:33:33,040 --> 01:33:35,320
Speaker 3: hard to believe, but in moments you'll meet a man

1714
01:33:35,360 --> 01:33:38,680
Speaker 3: on a mission to do just that. That's next here

1715
01:33:38,720 --> 01:33:39,760
Speaker 3: on American Sunrise.

1716
01:34:00,000 --> 01:34:05,000
Speaker 5: Than welcome back to American Sunrise. I'm Allison Hans. Thanks

1717
01:34:05,080 --> 01:34:07,559
Speaker 5: so much for joining us today. Time now for the

1718
01:34:07,600 --> 01:34:10,400
Speaker 5: sunny side up and in the pan today with all

1719
01:34:10,439 --> 01:34:13,479
Speaker 5: the crime and chaos we see weekly on the New

1720
01:34:13,560 --> 01:34:18,360
Speaker 5: York City public transportation system, one customer service agent is

1721
01:34:18,720 --> 01:34:22,760
Speaker 5: trying to turn that image around, spreading kindness to all

1722
01:34:22,800 --> 01:34:25,759
Speaker 5: the passengers he greets on the New York City subway.

1723
01:34:26,280 --> 01:34:30,040
Speaker 5: Seventy one year old Rodney Smith says his daughters are

1724
01:34:30,200 --> 01:34:32,800
Speaker 5: urging him to retire, but he's having too much fun

1725
01:34:33,080 --> 01:34:36,439
Speaker 5: fulfilling his purpose as a ray of sunshine to all

1726
01:34:36,560 --> 01:34:40,880
Speaker 5: of the subway commuters. He says, since contact with passengers

1727
01:34:40,920 --> 01:34:44,400
Speaker 5: has been allowed again post pandemic, he makes sure to

1728
01:34:44,439 --> 01:34:47,920
Speaker 5: greet everyone he meets with a cheery smile and sometimes

1729
01:34:48,120 --> 01:34:51,559
Speaker 5: even a fist pump or a hug. Smith his message

1730
01:34:51,600 --> 01:34:54,760
Speaker 5: to everyone is just be kind.

1731
01:34:55,160 --> 01:35:00,160
Speaker 29: Happiness is an inside job because it's all on you,

1732
01:35:00,160 --> 01:35:01,679
Speaker 29: you to decide.

1733
01:35:01,280 --> 01:35:03,519
Speaker 20: Whether or not you're going to be happy. I got

1734
01:35:03,520 --> 01:35:05,719
Speaker 20: to say this line, don't worry, be happy.

1735
01:35:06,560 --> 01:35:10,679
Speaker 29: That's how I live my life. Good morning, happy spring

1736
01:35:11,320 --> 01:35:13,559
Speaker 29: out the gate, have a good day. Now, have an

1737
01:35:13,560 --> 01:35:17,760
Speaker 29: awesome day, everybody. I've started being a station agent in

1738
01:35:17,840 --> 01:35:22,400
Speaker 29: two thousy and seventeen. Before that, I was a bus

1739
01:35:22,439 --> 01:35:26,720
Speaker 29: operator and a train operator. But then I came over

1740
01:35:26,760 --> 01:35:30,040
Speaker 29: here to stations and this is like the perfect job

1741
01:35:30,120 --> 01:35:32,799
Speaker 29: for me. It's like I've always been a people person.

1742
01:35:33,200 --> 01:35:35,960
Speaker 29: I'd always liked to just help, just make the best

1743
01:35:35,960 --> 01:35:39,160
Speaker 29: of it and enjoy myself while I'm at work and

1744
01:35:39,560 --> 01:35:43,400
Speaker 29: spread positive vibes in the morning for when people are

1745
01:35:43,400 --> 01:35:43,840
Speaker 29: going to.

1746
01:35:43,800 --> 01:35:45,440
Speaker 2: Work happy spring.

1747
01:35:47,320 --> 01:35:50,439
Speaker 5: And passengers have grown to know and love Smith for

1748
01:35:50,520 --> 01:35:53,920
Speaker 5: his positive energy, saying he brings a spirit of joy

1749
01:35:54,080 --> 01:36:00,599
Speaker 5: and happiness every morning to their commute. I absolutely love

1750
01:36:00,680 --> 01:36:06,360
Speaker 5: this story. When one person, by simple actions, can change

1751
01:36:06,400 --> 01:36:11,799
Speaker 5: the lives of so many other people, it's it's tremendous.

1752
01:36:12,160 --> 01:36:15,280
Speaker 3: And it doesn't matter what kind of environment you're in,

1753
01:36:15,360 --> 01:36:18,280
Speaker 3: what kind of workplace you're in. When people walk into

1754
01:36:18,280 --> 01:36:20,960
Speaker 3: a workplace and walk into an office simply saying hey,

1755
01:36:21,040 --> 01:36:24,240
Speaker 3: good morning and being cheerful, like you have no idea

1756
01:36:24,320 --> 01:36:27,280
Speaker 3: the kind of impact that can have on someone's entire

1757
01:36:27,400 --> 01:36:29,880
Speaker 3: day and what that can set up and what it

1758
01:36:29,920 --> 01:36:32,519
Speaker 3: can set in motion. So I love this story as well.

1759
01:36:32,840 --> 01:36:33,519
Speaker 3: Coolos to him.

1760
01:36:33,560 --> 01:36:34,519
Speaker 6: It is quite inspiring.

1761
01:36:34,560 --> 01:36:36,880
Speaker 15: I wish I was that happy in the morning, you guys,

1762
01:36:36,880 --> 01:36:38,120
Speaker 15: else and I have been talking about this in the

1763
01:36:38,160 --> 01:36:38,960
Speaker 15: past couple of weeks.

1764
01:36:38,960 --> 01:36:40,479
Speaker 6: I need at least two cups of.

1765
01:36:40,439 --> 01:36:43,400
Speaker 15: Coffee to achieve that level of positivity in the morning.

1766
01:36:44,560 --> 01:36:45,320
Speaker 3: But you love it.

1767
01:36:45,360 --> 01:36:45,519
Speaker 7: You know.

1768
01:36:45,560 --> 01:36:47,240
Speaker 1: I grew up, Oh no, day, I grew up in

1769
01:36:47,280 --> 01:36:49,880
Speaker 1: the city. Yeah, I grew up in the city. Rode

1770
01:36:49,920 --> 01:36:51,760
Speaker 1: the subway. As a matter of fact, my parents of

1771
01:36:51,840 --> 01:36:53,360
Speaker 1: or so I was a latch key kid starting at

1772
01:36:53,360 --> 01:36:54,960
Speaker 1: ten years old, so I rode the subways a lot.

1773
01:36:55,000 --> 01:36:58,040
Speaker 1: I could have used one of those you know, hello

1774
01:36:58,479 --> 01:37:01,040
Speaker 1: kind gestures. It's great stuff. I wonder how kind he

1775
01:37:01,160 --> 01:37:05,879
Speaker 1: is when they're jumping the turnstiles, but that's a separate issue.

1776
01:37:04,360 --> 01:37:07,320
Speaker 1: But that's great stuff.

1777
01:37:07,360 --> 01:37:09,479
Speaker 5: And you know, I think what's important here is that

1778
01:37:09,520 --> 01:37:13,720
Speaker 5: you can always reset your day. So maybe you wake

1779
01:37:13,840 --> 01:37:18,200
Speaker 5: up a little grumpy, but having that as an example,

1780
01:37:19,160 --> 01:37:21,479
Speaker 5: maybe you know, halfway through the day, you're going to

1781
01:37:21,479 --> 01:37:23,880
Speaker 5: the grocery store, you're a little grumpy, and you say

1782
01:37:24,280 --> 01:37:26,600
Speaker 5: that man inspired me. No, I'm going to reset and

1783
01:37:26,600 --> 01:37:27,680
Speaker 5: I'm going to be cheerful.

1784
01:37:27,720 --> 01:37:30,200
Speaker 4: So I think that's a good idea.

1785
01:37:31,120 --> 01:37:33,479
Speaker 3: You know what, guys, I appreciate each and every one

1786
01:37:33,520 --> 01:37:36,000
Speaker 3: of you. You guys are awesome every day.

1787
01:37:36,240 --> 01:37:41,479
Speaker 30: Thank you, Thank you Tonse. We love you, Toronse, and

1788
01:37:41,520 --> 01:37:44,000
Speaker 30: we love you out there. We had a great show today.

1789
01:37:44,160 --> 01:37:46,240
Speaker 30: Thank you so much for joining us.

1790
01:37:46,360 --> 01:37:48,960
Speaker 5: We have so much more for you every morning, and

1791
01:37:49,040 --> 01:37:50,080
Speaker 5: it all starts.

1792
01:37:49,720 --> 01:37:53,519
Speaker 4: At eight am. We'll see you then. War room is up. Next,

1793
01:37:53,960 --> 01:37:54,559
Speaker 4: go boldly