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tv   Kudlow  FOX Business  April 9, 2025 4:00pm-5:00pm EDT

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>> going for 10 year yields and government and treasuries and the corporate et cetera and flowing into and out of the etfs. we're normalizing the economy and economy is spending too much and spending a lot less. what does that mean for things like high yield or other fixing arkansas income classes going for them normalizing and trading is healthy and going for them. liz: healthy trading for the bulls right now anding gordon chang them. >> it's the gain of 3,000 points for them and going for them and telling you that and going for them and more on the line.
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larry: hello, folks. welcome to kudlow and going for them and it's the pause going for them for 90 days going to put deals together for them. going for them to be outgoing for them and it's going for them paying for china and going for the soar and tax cuts on the way and we've got taylor riggs on that and going in that on just a moment. tommy tuberville going for them and it's going for them and edward lawrence going for them at the white house going for them to break a heck of one going for them and it's on the line and money for one heck of a storm. reporter: larra i president
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trump was asked why now on the pause. listen to his answer here. >> going for them and going for them yipe and going for them and afraid and unlike the champions and going for them. retaliation tariffs and 48% on u.s. imports. going for the baseline tariff and that remain in effect going playing for them. going to bring down the tariffs
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and non-tariff trade barriers and subsidying it for them and. >> why not include that as part of opening remarks. >> i don't divulge the contents of my discuss. >> what are the details of the cost? >> my understand sergeant that is so many deciding not to retaliate, we'll have about 90 days. >> there's a lot of negotiations today. treasury secretary meeting with vietnam and japan and south korea coming to the table. back to you. lauren: all right, edward, well done. any time you want to break news, well done.
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gerri willis is standing by to report higher stocks. >> that's right, i want credit and trump announced most of the new tariffs and that move eliciting a aaron rodgers and rf the new york stock exchange going for them and going five years at close. look at this going for 7.8% and s&p. 9.25 and nasdaq jumping 12%, amazing. now going for them and tesla
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almost 23% and very big gain and yield on 10 year treasury was rising quickly and was higher again with only overnight even higher and oil prices also reverse course and with a price rising and rices continue their move higher up 3% an ounce. talking about gold, at 94.660. by the way, markets forecasting 80% chance of rate cut in june. larry, back to you. larry: this is the riff. trump's art of the trade deal. that's the subject of the riff. and has actually worked and 70
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countries flocked to the u.s. and make a deal with donald trump and that's exactly what he predicted would happen and that's the art of the deal for you. and i think this season absolutely brilliant move by mrp in the negotiating process. i'm sure his top economic adviser and market savvy scot bessent advised the president
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and going to take awhile to make dealing with 75 countries and plenty of staff going to be involved and there's a lot of paperwork and calls back and forth from the home country and pause is not a change to battle unfair trading practices and over time going to well mean lore tariff rates and other non-tariff barriers to american exports and what's changing with the 90 day because is the management. sergely freer than the broken system in recent decades and let's not forget that the trump tax cuts will be passed and
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they'll overshadow the tariffs and coming to america and one final point, mr. trump has completely outfoxed xi jinping and took the road&of escalation and retaliation. big mistake and slapping tariffs and mr. trump ending chinese model of government subsidies for cheap manufacturing goods as low wages as their principal export policy. takes advantage of free trade usmca and it'll also be cut off.
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and meanwhile china is surrounded by allies to do business with trump and lower trade barriers and talking about vietnam, south korea and taiwan china is boxed in. not only is their economy in shambles but the world position is also in shambles. just think of this again, the world voted with its feet and came to america to do business, not to s china. they chose freedom over dictatorship, and that too is part of mr. trump's art of the trade deal.
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back with us, gerri willis and fox business correspondent that's so happy to be able to report on higher share prices. if they roll back and my question is looking at sectors and i'm going to ask the same, taylor, coming to you too. and chars, what is it sunlighting? that the levels can be held? >> sustained? larry: yeah. >> not forecasting where the stock market is going and not holding on to the gains forever and a day, but this is a great sign there's a lot of confidence in what the president just did. this is what the market ped to see. this is what investors wanted to see. watching airlines pop.
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i was so excited. unfortunately when i first saw that, i was like what's going on and i'm hitting my screen and couldn't believe what i saw. larry: i get it. this pause, larry: if he's got 70 countries doing deals with him, that's going to take awhile. saying in the riff, family calling ambassadors home and arguing in and out and out of the oval office and going to get plenty involved and it's a 90-day pause that could be a longer pause also and thinking stocks will rise and business
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getting more confidence. >> i think this was the first of many things that the market wanted to hear. we wanted to know that the retaliatory tariffs that we had a week ago on liberation day was hearing details omelet soft deals coming out and scot bessent said some of the trade agreements are thousands of pages and i agree. that takes time and this was good news and japan, largest holder of treasuries and really good they're at the top of the list in terms of people we're negotiate and the market to suspended ands sane big moves are going to be big moves and not negative here and 125% tariff on china isn't nothing and so again, larry: charles, i'm going to you, maybe you
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disagree, feel free. my point is their economy is basically based on government subsidied to the manufacturers and those subsidies went down to cheap wages and selling them. but selling them into the unit. 125% tariff and ends that mod and he will ending that, you end china. >> this is where the pure free traders and talk about ricardo and comparative advantage. it's if a company -- country really can do something well. what they do well is subsidize and cheep cheap labor. >> and c copy. >> steal/copy. the earnings from delta were phenomenal and getting soft data on consumers recoiling. how did they recoil? delta's earnings were phenomenal and a 20% spike in mortgages to purchase homes.
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that's going about the business they have been in a positive way and again, battle between soft data and hart phenomenal. airlines are up and semiconductors are coming by with the china retaliatory, video out the gate and advanced micro-and restoration hardware up going for them in vietnam, he put that post out and restoration hardware is $ $123 a share and $192 a few days later. larry: what does that mean? tell me what that means. >> you started off on the show, a blockade.
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>> it's so china couldn't cheapen the deal.m and those asian countries they can make their own factories and don't need china factories and don't need manufacturing and in political terms, they fear china and don't like them and a communist vietnam and a communicommunist vietnam and hee first to get on the horn with trump. china is not, i don't want to make this all about china burr they're completely boxed in and xi jinping made every bad decision possible and trump outboxed him. that's what i like the best. >> see jamie dimon on maria bartiromo and he talked about china surrounding by the country and talking about the u.s. today and has friends in the north, friends to the south and is now
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larry:er u gobbing to columbia in at some point and going to cut their own deals and whatever. trump is smart and seeing the socket market going going up. second of all, i think china's demise is a win for us and the world is flocking to the united states and that's a win for us. they'll not only invest in the u.s. and build factories in the u.s. and expand factories in the u.s.. never see a starker contrast between the stupidity and wonder
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brilliance of a free democracy. >> you were saying on the show, we loved having you during the break news and he was able to show the rest of the world that china doesn't play fair. by having everyone else negotiate and china that saying okay, i'm going to gray going to 84% and how dare you, usa. we're china going to do this and jowski r going for them and it's negotiations and i don't think it will and these countries are going for them and listen to trump. listen to bessent a week ago going for them and don't
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retaliate and and we'll be okay. if you didn't, all weak later low and behold -- larry: you were reward. >> yeah, rewarded and negotiating good faith in the long term. larry: give us update on doge and how he's firing them and so forth. processer report and this thing is percolating along. >> going for south korea and fighting when you had ministers from south korea and japan linking arms and they're going for them watching the market tick by tick, this morning seeing south china going for them to lay out even more offers for them and going for the chance and michael harras this
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even bigger news and we'll get them. we're trying to do this going for them to draft a big deal going for them and >> sigalert moments ago, things have a deal for them going for them and person with them and getting nice big usey one out there and getting them on board. >> one big beautiful trade. going for them on the line and going for them. thank you, gerri willis and going for them. congratulations. it's going for them to meme and the co-host and dagen mcdowell and brian brenberg going for them and coming up more on the
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going for them not going go about it and it's one of those things not going about it and they'll figure it out if they're in the process of figuring it out and they want to make a deal. going for them and nobody going to have it be possible. going for them goning that and art of the deal and never sell it short. joining us now is john carney, breitbart financing economics and coauthor of the daily breitbart business digest. steve forbes, editor in chief and jackie deangeles, co-host of the big money show on fabulous show going to say to me on the big money show today, i was
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looking at my usual chart of all >> there was a method to their mahadeo trump never cared and he put them in place to get people to the negotiating table and he got exactly what he wanted, larry. his sort of evil genius is playing out in the whole process and we've talked about why didn't he do the bill first and tariffs. i think he had to do the tariffs first to cause a bit of chaos that would then force congress to do the bill. larry: the calculations, blah blah blah. you said all along it was going to work and next step, you okay with the next step. 90 day pause. >> absolutely. the whole point was to get people to negotiate away their trade barriers and the world
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should not look at this as donald trump saying i'm not doing tariffs. tariffs are coming back and going for them going for jubilee going for them on the line going for them and going for them i believe and 90 days for now. going for them for america and whole world from china. going for them and passing 216209.
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larry: the resolution going for them to pave them. going for people instead of stop playing games and going for them. going for them and it's good on. going for raising the top income dance. going for them huge going for them and going to be reluctant capital gains tax going for them and going for them to seem to be going a different. going for them on the tax bill and going for them with the top tax rates going for them. going for future growth and stuff like that and going to make sure there's the tax cut
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right including personal tax rates and going for them and larry: announcemements larry: extend the pause to get something done and stock market selloff or bond market issues go r going for process reading that timing wise. >> how much factored into going for the market and watching the bond market in the stock market and trump turn one.
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he didn't care at all and understood there was going to be a shock to the market in order to get where he needed to go and never wanted them to go and the timing makes sense and i also think they're not lying to the american people and i think 75 countries have come forward going with them on the feet and it's really boding with your feet. they didn't go to china and came here and all the publicly dents thinking china would benefit from this and america going for them obstructing cerumen the line. going for them. egoing for them on the market turn.
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going fertilizer them on the line. going for them with the flexibility. going for the wall going for them and going through them on the line and going to go through the wall and sometimes have to be able to go under the wall, around the wall or over the wall. going for them and donald trump going with for them and it's absolutely right. going to take the market to it being very worried in the bond market. going for them on the ten year. going for the huge buyer. going for them on the line and not going for the u.s.
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treasuries and according to to the bid. trump just after that came out with his pause and i think that this was a coordinated line that was very good. larry: scott bessent at his best and taking over this thing. >> what charles payne said it right. scott knows the japanese economy and all of the japanese finance ministers very well and what he's going to do i believe is strike a deal with vietnam and japan that will be the template for everybody else and will scare china to death. larry: that's it. steve forbes, last word. we have -- trump outfoxed xi jinping and we've boxed in them big time in economic and political terms. you get the last word. >> hope they got to the know gaucheuating table one way or another and finding ways to do it now. military going for them and general sent in for the
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enforcer. i hope he doesn't going to do the diversion with taiwan. i don't think they're ready. larry: thanks. terrific stuff. steve forbes, going for them and jackie taylor rigs and dagen mcdowell and brian brig berg on weekday -- brian brenberg on fabulous fox business. coming up on fax cuts and going for them and the rule to vote on the rule won by whopping 216-215. what the heck. texas congressman wesley hunt going for them and we'll be right back. ch. uh, what should i put you down for? dr. rick: [ exhales sharply ] boundaries. they can be tough for young homeowners turning into their parents. now, i'm either gonna go -tuna melt or reuben -- -dr. rick: tom. tom. tom: they're known for their reuben. remember, when the door closes, so does the conversation.
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outsource going them and not the going for wesley hunt and welcome to the show and going for them and procedural rule pass going for them. going for them. going for them on the greece them for the tax cuts and that's what i want to know. going for them and going for them. going for them on the name of the day and putting all at. going to stay together for them on the line going for them and
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let the kick back and going for them on the line going for them. going for them and lowering corporate taxes and going for them and going for them on tax conversations and going to extend the cuts jobs and felt going for them on the line. larry: it's interesting because listening party of the working class. going for. trump going, them on the friendship going for them. go s going for the people and fr the table going for them in the white house going for the cole workers behind him and he was touting the need for energy
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dominance across all realms and talking about coal and notch rale gas and oil, clean coil is what he was adamant about it and end of the day was working americans standing behind him during the signing of executive order it was a beautiful thing and people are now being heard and we hear you, we listen, and this is us acting in their best interest. larry: what do you think, wesley hunt, mr. trump paused tariffs for 90 days, the stock market went up over 2,000 points and by the way, it's worth noting that 60% of americans own shares and the middle class going for them and may not be as big as wall street or some of the hedges and the fact is they own stocks and they're as interesting for them on the line and going to pause today in order to make news. >> going for tariffs and other countries ripping us off for longer than over 40 years.
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going to put it back into the pup dna tieback role and the meeting yesterday, every single tariff he's renegotiating noted going to be off the rack. it's going to be tailor made per country. we should have been doing this for decades and now that every country with the exception of nigh that not on the table, china looks like bad actor and he shall else coming there negotiate with us. larry: thank you, wesley. moving right along, joining us is tennessee senator marsha blackburn, senator blackburn, welcome, muhammad ali. your thoughts u i don't know if you heard wesley hunt and we have 90 day pause and stock market is roaring and this is a big change. you know, 75 countries came to america and nobody came to china. and china is in a heap of
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trouble with 125% tariffs and going to wreck their economic model. what do you make of it, ma'am. >> president trump made a promise and he's kept that promise. you are seeing this play out in the american people are seeing this play out in realtime. it is the art of deal making and scott bessent as our treasury secretary has done a masterful job working with the president and as yuppies just mentioned, 75 countries have now asked turnovers and nem on the white house going to negotiate for them and it's going for them to goal all along and to reduce investigator fellation and going for them and cost of living for them with the american people and going for them with non-tariff barriers going with
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them and many times preclude us from having certain products they go for steps with them on the line going for them and they're transparent about it and we know the pause hitting the pause button. the opportunity for them to come out and say, yes, we're willing to reduce our tariffs. we're willing to reduce the barriers going to increase. going to send the message that our country is open and going for the advanced manufacturing jobs. we want to see them come back. we're going to send that message that we're going to take care of the american worker.
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we're going to make certain that people who work for a living actually have good paying jobs and just as you said the stock market roaring back but also enthusiasm going for them and tennessee talking to employers s and we're excited to see the negotiations take place and i know that there are some manufacturers in some employers that are going to be ready watching this and figuring out where they could possibly move their supply chain and components are needed in their supply chain going for them and it's a very good date for the united states of america. larry: that's a great one. you're exactly right. you know they're vogt with eric
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feet going to the united states and they want to talk to trump and we'll wind up having freer trade and we'll have more resources in this country. people going for this and it's obstructing cerumen the line and going for them and going for them very, very much. larry: xi jinping going with them on the lineup and going for them i'm kudlow, we'll be right back. [air blower sound] ♪ okay, son. focus on what you can control. everything else is just noise. when you work with someone who knows a lot and cares even more... you're unstoppable. at truist, we believe the same is true for banking.
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>> not going to change. >> it's not a negotiation until it is and it happens and i said outside that you have to have flexibility to do it right. that's what we have. we've brought everybody to the table. and i think investing in the united states of america will be the greatest investment that anybody's ever made. made. larry: all right, joining me to talk about this is alabama senator mr. tommy tuckerville. welcome, sir. mr. trump said flex and the he brought everyone to the table. you know, i was talking to senator blackburn and others and they didn't go to the chinese table. they went to the united states
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american donald trump table. so it looks like trump's art of the deal was correct all along, senator tuberville. what do you make of it? >> exactly right, larry. there's a lot 06 panics in the capitol and end of the day president trump holds the cards and all the cards are the american taxpayer, larry. they're behind president trump and understand what he's trying to do. he knows what he's doing and he's a business guy and letting china steal, defraud us going to build their country up going south. we need to continue this and we need to work with the people and he's got them standing in them with the white house and that's one of the reasons and he had a 90-day policy and countries were just waiting to get in the door but china is not coming. i'm just for hammering china and going to put tariffs on and make them hurt and they're building right and left of the military.
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larry: china selling all the subsidized manufacturing stocks with cheap wages and that's the whole economy. we're cutting them off at the knees and i'm saying that trump is completely outfoxed xi jinping and trump is the master of the chess board, not xi. >> exactly. larry, china sends daily 300 chips, container chips, with thousands of containers on each ship. 300 a a day to united states of america with mostly junk. it should be made in the united states of america. now, they made some things that are car parts and things like that. we can do that here. president trump knows we can get manufacturing back and bill clinton and nafta almost put us
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under. i go through small towns, larry, in alabama, and manufacture sergeant gone. nobody live there is and streets are closing down. if we don't get it back now, it'll never happen. larry: what are folks in alabama saying about the trade deal and all the discussion going with it? >> you got car manufacturers that say we've got to problem, maybe a problem with power trains coming in with car dealers and manufacturers and end of the day the ones i'm worried about are the bottom 50% of people work in this country and people that make 50, 06,000 and below and our farmers. larry, my god, if we don't do something to help our farmers, it's over. we lost 150,000 farmers during the biden administration and they're having a terrible year with the weather and planning season going on right now. they'll have to replant -- they'll have a tough time to getting close to making profit. he has 20 help with the commodity prices and president trump will do that with the tariffs. larry: you know, we made a deal
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with phase one trade deal with china. they're supposed to have purchased a lot of farm commodities and never did and break the deal. now the farmers are 24 trouble and do you want to -- federal spending for the farmers, subskies for the farmers and tax cuts. tell me what you want. >> what we did right before christmas with a terrible last year, year before that was awful and input costs under biden were out of sight. cotton picker now was $6 0* 0,000 and now $1.5 million and it's out of control and people across the world have taking advantage of us. we gave them $10 billion, the farmers before christmas, to get a loan for this year's crop. now, again, what'd i just tell you? they planted them in the south and they just got wiped out. we got 20, 15 inches of rain -- 10, 15 inches and rain and it's tough on thees farmers and they're resilient and they'll work hard. we just need to help them a bit and they'll be there. larry: yes, sir. yes, sir. senator tommy tuberville, thank you for your wisdom as always.
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