Wall Street Speaks Out Against Tariffs

华尔街发声反对关税

The Journal.

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2025-04-08

19 分钟
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Last week, U.S. stocks lost $6.6 trillion in value during a two-day washout after President Trump announced large tariffs on countries around the world. As markets continue to swing, Wall Street leaders are speaking out, including billionaire investor Bill Ackman and JPMorgan Chase executive Jamie Dimon. Host Kate Linebaugh talks with Gregory Zuckerman about the market chaos and how investors are responding.  Further Listening: -Trump’s Tariffs Force a New Era in Global Trade  -Trump 2.0: Trade Wars and Deportation Battles  Sign up for WSJ’s free What’s News newsletter . Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Since President Trump announced sweeping tariffs last Wednesday, markets around the world have tanked.

  • The Dow plunged more than 2,300 points, has to be sank 322, Nasdaq tumbled 962.

  • Now Asian markets also plunged overnight.

  • U.S. markets losing trillions, over $5 trillion in just a matter of days.

  • European markets are also down about 4.5 percent across the board.

  • Our colleague Gregory Zuckerman has been covering markets for the Wall Street Journal since 1996.

  • How many market downturns have you seen?

  • How does this one compare?

  • This is the first time one can argue it's been self-inflicted.

  • It's a series of decisions that have resulted in a financial crisis.

  • I've never seen that before.

  • This is the first time I've ever seen government officials create a crisis.

  • And now Wall Street is starting to push back on Trump's tariffs.

  • Welcome to The Journal, our show about money, business, and power.

  • I'm Kate Leimbach.

  • It's Monday, April 7th.

  • Coming up on the show, the tariffs sell off and Wall Street's push back.

  • So going back to Trump on the campaign trail, he openly touted his love for tariffs.

  • What were Wall Street executives saying during the campaign?

  • Wall Street executives were a little bit self-delusional, I think, during the campaign.