Trump’s Tariff Announcement Called Deranged by Economists, 4/3/25

Trump's Day of Liberation (the day of his big tariff announcement) has economists describing the plan as a “worse than the worse case scenario." The tariffs range from 10% to 49%. The higher tariffs went to countries Trump considers the “worst offenders” in trade relations. It's a bad sign for tech investors as companies like Apple and Nvidia will likely get slammed by the tariffs Trump is placing on China and Taiwan. Markets are already reacting severely. It turns out, National Security Advisor Mike Waltz and the chatters from Signal-Gate have been using the platform to discuss other international matters of importance. At least 20 Signal conversations on issues like Ukraine and Gaza have taken place. We welcome Emmy-winning anchor and investigative reporter Suzanne Rico to the Mark Thompson Show. She has covered major news events and written a best-seller and now Suzanne has a new podcast. Former Federal Prosecutor and now defense attorney David Katz joins us to weigh in on the stories of the day.