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cover of episode David Rubenstein: Tariffs Won’t Push Us Into Recession 3/25/25

David Rubenstein: Tariffs Won’t Push Us Into Recession 3/25/25

2025/3/25
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This chapter discusses the impact of tariffs and economic policies on the US market, highlighting recent tariff announcements by President Trump and the market's response. The conversation touches on trade uncertainty and potential exemptions for certain countries.
  • The S&P 500 had its best Monday since October 2022.
  • President Trump announced new tariffs on cars, drugs, and other industries.
  • Some countries may receive exemptions from the tariffs.
  • Tariffs aim to protect US industries like steel and pharmaceuticals.
  • Energy prices rose slightly due to new tariffs on Venezuela.

Shownotes Transcript

Tariffs have rattled the markets), but Carlyle co-founder and chairman David Rubenstein says they won’t push us into a recession. He suspects M&A could pick up soon, though at a discount. Rubenstein discusses owning the Orioles and his departure from the chairman role at The Kennedy Center. “How to Build a Happy Life” host and AEI President Emeritus Arthur Brooks has hope for America’s future, despite partisan vitriol. Plus, a Signal group chat has made it out of the White House and into news headlines, and Warren Buffett’s Berkshire Hathaway March Madness bracket) competition has a winner–or 12. 

 

Arthur Brooks - 14:53

David Rubenstein - 31:18

 

In this episode:

Becky Quick, @BeckyQuick)

Joe Kernen, @JoeSquawk)

Katie Kramer, @Kramer_Katie)