Episodes

  • Trump’s tariffs: What’s likely to happen & what’s just noise

    Trump’s tariffs: What’s likely to happen & what’s just noise
    Feb 7 2025
    We are just a few weeks into the new Trump administration, and the word still on everyone’s mind is tariffs. Earlier this week, President Trump delayed implementing 25% tariffs on Canada and Mexico as the United States works through trade negotiations with both nations. The commander in chief also placed a 10% tariff on all imported goods coming from China, who retaliated with their own set of tariffs. Will these tariffs remain in place indefinitely? Is this the start of a trade war between two of the world’s largest global powers? We get into it. On this week’s episode of Capitol Gains, anchor Madison Mills, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman cut through the flurry of tariff news and give you the latest you need to know that impacts your bottom line. Newman breaks down what’s likely to happen with tariffs and what are just ploys from the Trump administration. While Newman believes the 10% tariffs on Chinese imports are here to stay, he thinks there could be a change when it comes to Trump’s plans for 25% tariffs on Canada and Mexico. “It would be a lot more pain for US consumers,” he says. “That’s a lot of food from Mexico. Just as Americans are trying to get over food inflation, it would [also] create chaos in the automotive industry with the supply chain.” Asia Society Policy Institute vice president Wendy Cutler also joins the show to discuss the China tariffs and why it’s so important for the United States to improve trade with other nations. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    23 mins
  • How seriously Americans should view Trump’s tariffs

    How seriously Americans should view Trump’s tariffs
    Jan 31 2025
    There has been a flurry of news coming out of the White House this week, between President Trump’s newest executive orders, his efforts to try and cut the federal budget, approaching tariff deadlines, and more. On this week’s episode of Capitol Gains, anchor Seana Smith, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman cut through the noise and make sense of the latest news coming out of the Trump Administration that impacts your bottom line. The biggest story this week is Trump’s tariffs. While Trump’s initial plan was to sign executive actions on tariffs against Canada and Mexico on his first day in office, he delayed this to February 1. With this deadline swiftly approaching, there’s still lots of speculation swirling on the tariff front. Will Trump follow through with his plans to tax the aforementioned countries? What will the percentage be? While we wait for these plans to take shape, the Cap Gains team shared their insight. Newman believes Trump will avoid any major tariffs right off the bat. “Trump campaigned on a 60% tariff on all Chinese imports and he hasn’t talked about a 60% Chinese tariff since he’s been in office,” Newman says. “Now he’s talking about a 10% tariff, but that is not in place yet. So I think Trump is afraid to do major tariffs.” Werschkul feels differently. “I wouldn’t underestimate Trump’s real interest in doing tariffs,” Werschkul says. “He talks about paying for his whole agenda with them, so he’s very invested in making them happen.” Capital Economics Group Chief Economist Neil Shearing also joins the show to discuss the latest on Trump’s tariff front and how the world is perceiving the President’s threats on taxed imports. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    25 mins
  • Trump's first week: Tariffs, tech, & immigration

    Trump's first week: Tariffs, tech, & immigration
    Jan 24 2025
    We are deep into the first week of the new Trump administration, and the president has made a big push to tackle issues like tariffs, tech, and immigration. President Trump has signed a number of executive orders this week impacting immigration in the United States, spoke to global leaders and corporate executives at The World Economic Forum, and is maintaining his stance on imposing tariffs on Canada. How will this all impact the market and your bottom line? We get into it. On this week’s special episode of Capitol Gains, anchors Madison Mills, Julie Hyman, and Washington Correspondent Ben Werschkul break down everything you need to know about Trump’s first few days back in the White House and how the market is already beginning to react to his policies. The Capitol Gains team also takes a look at President Trump’s comments from The World Economic Forum on tariffs and how investors should be reacting to what was said. Plus, Wharton School Professor Zeke Hernandez joins the show to discuss immigration in the United States and how President Trump’s executive orders on the subject will affect the economy moving forward. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    26 mins
  • Trump 2.0: A closer look at the president’s new agenda

    Trump 2.0: A closer look at the president’s new agenda
    Jan 21 2025
    Donald Trump is officially President of the United States once again. On Monday, the commander in chief was sworn. During his inaugural address, he immediately set forth his plans for the nation. In the speech, Trump touched upon his plans for inflation, immigration, tariffs, and energy, just to name a few. Following the ceremony, the president signed a number of executive orders to help follow through with the aforementioned plans. On today's special episode of Capitol Gains, anchors Madison Mills, Rachelle Akuffo, and Washington Correspondent Ben Werschkul break down everything you need to know about Trump’s first day back in office as President of the United States. Plus, Veda Partners Director of Economic Policy, Henrietta Treyz joins the show to discuss the economic outlook for the nation as we move forward under this new administration. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    26 mins
  • What to expect when Trump re-enters the White House next week

    What to expect when Trump re-enters the White House next week
    Jan 17 2025
    The United States is only a few days away from having President-elect Donald Trump re-enter the White House and the world is beginning to prepare for what is in store following his inauguration. What is going to happen to the stock market? Will the government or DOGE be able to finally fix the federal debt? What about tariffs and immigration? We get into it. On this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman break down the current state of the market and the ways in which it is starting to become more volatile as Inauguration Day approaches. They also take a look at Scott Bessent’s 3-3-3 plan following his Senate confirmation hearing to become Treasury Secretary and whether or not his plan is a viable strategy. Later on, Bipartisan Policy Center Executive Director of Economic Policy Shai Akabas joins the show to discuss the debt crisis and what the future of policymaking could look like under the new administration. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. This post was written by Lauren Pokedoff Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    26 mins
  • Why Trump thinks tariffs could solve his economic agenda

    Why Trump thinks tariffs could solve his economic agenda
    Jan 10 2025
    What do Canada, Greenland, and the Panama Canal all have in common? They’re the latest to take center stage during President-elect Trump’s most recent press conference before he returns to the White House. Will Trump take back the Panama Canal, purchase Greenland, and make Canada the 51st state? We get into it. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman break down the highlights discussed during Trump’s Mar-a-Lago press conference, what the true takeaways are in the midst of the president-elect’s verbose briefing, and how it all relates back to tariffs. “[Trump] thinks that economic pressure, specifically through tariffs, is the way he’s going to get a huge amount of his agenda done,” Werschkul says to Akuffo and Newman. “There’s still a lot of indecision within Trump’s camp about what the day one tariffs look like, but it’s clear they’re aiming to be big, they’re aiming to be dramatic. But exactly how they’re going to do it and what they do right at the beginning is being still set up for sure.” Later on, University of Michigan Surveys of Consumers Director Joanne Hsu joins the show to discuss consumer surveys and how Americans are perceiving the state of the US economy. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    26 mins
  • What’s next for American politics and Trump 2.0 in 2025

    What’s next for American politics and Trump 2.0 in 2025
    Dec 27 2024
    With 2025 just a few days away and President-elect Trump’s Inauguration Day less than a month out, there’s a lot of variables up in the air for the future of American politics. What is going to happen on Trump's first day in office and in the days that follow? Will the future commander in chief fulfill his promises of implementing tariffs? Can Elon Musk and DOGE fix the national debt? We get into it. On this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman get introspective on the state of politics in this country the past year while looking ahead to this new administration that will be taking office in just a few weeks. The team takes a look at the successes and failures of the Biden administration, what aspects of the economy matter most to everyday Americans, and forecast ahead to how Trump 2.0 could differ from his first time in office. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    26 mins
  • Trump, Musk, and the future of DOGE & the debt ceiling

    Trump, Musk, and the future of DOGE & the debt ceiling
    Dec 20 2024
    President-elect Donald Trump continues to dominate news headlines as the world awaits the former commander-in-chief’s return to the White House. This week, the president-elect not only delivered remarks for the first time since his Election Day victory but was put into the spotlight for his comments regarding abolishing the debt ceiling and Elon Musk’s evergrowing involvement with the incoming Trump administration. In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Washington Correspondent Ben Werschkul, and Senior Columnist Rick Newman get into these news headlines as well as what could be expected in Trump’s White House. “I kind of feel like Trump the second time around might delegate a lot more than he did the first time around,” Newman says. "He's older. He has a clearer sense of the people he wants in place who are going to do what he wants instead of trying to block what he wants to do. He seems to be setting it up that way, so maybe he will be quite happy to delegate to Elon Musk or you could have two gigantic egos that can't fit inside the same city.” Later in the show, London Business School Assistant Professor of Economics Joseba Martinez joins the show to discuss the debt ceiling, corporate tax rates, and what needs to be done to maximize economic prosperity in the United States. Watch more episodes of Capitol Gains here. Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
    26 mins