• Why Trump thinks tariffs could solve his economic agenda

  • Jan 10 2025
  • Length: 26 mins
  • Podcast

Why Trump thinks tariffs could solve his economic agenda

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  • Summary

  • 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
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