100 Days In: Economic Momentum Meets Market Jitters
April 29, 2025
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3:18Now Playing100 Days In: Economic Momentum Meets Market Jitters
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as posted by the channelThe White House is marking President Trump's first 100 days by touting an economic turnaround—cooling inflation, lower gas and egg prices, trillions in new private investment, and private sector job growth. Deregulation and on-shoring are fueling a manufacturing comeback. But on the same day, consumer confidence plunged to a five-year low, rattled by market volatility, tariff uncertainty, and inflation fears. In response, the administration just rolled out tariff relief for U.S. automakers, including credits to offset the 25% import duty—aimed at boosting domestic manufacturing. They say tariff revenue could even help fund tax relief. Treasury Secretary Scott Bessent says a trade deal with India is "very close," with major talks underway with South Korea and Japan. And while Walmart pledges $350 billion to American-made goods—supporting 750,000 jobs—Amazon still hasn't followed suit. How about Amazon step up and do the same? Support American workers. American products. American pride.
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