The MeidasTouch Podcast - Trump holds Disaster Presser During Market Chaos

Episode Date: April 7, 2025

MeidasTouch host Ben Meiselas reports on Donald Trump’s bizarre Monday afternoon Oval Office press conference with Israel Prime Minister Benjamin Netanyahu. Prizepicks: Download the PrizePicks app today https://prizepicks.onelink.me/LME0/MEIDAS and use code MEIDAS and get $50 instantly when you play $5! Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

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please contact Connex Ontario at 1-866-531-2600 to speak to an advisor free of charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. During a day of massive market volatility, Donald Trump held a disastrous press conference in the Oval Office with Israel's Prime Minister Benjamin Netanyahu by his side. With Netanyahu sitting there, Donald Trump again talked about controlling and owning the Gaza Strip and moving Palestinians out to different places, he says. Donald Trump also says that he's not looking at pausing tariffs. Let me show you what went down in the Oval Office. Here, Donald Trump is asked about being open to pause the tariffs. Trump says he's not looking into that play, this clip. Would you be open to a pause in tariffs to allow for negotiations? Well, we're not looking at that. We have many, many countries that are coming to negotiate deals with us,

and they're going to be fair deals. And in certain cases, they're going to be paying substantial tariffs. They'll be fair deals. In this next clip here, Donald Trump talks about moving the Palestinians to different countries and controlling and taking over Gaza himself. Play this clip. Thank you, Reverend, for the Times of Israel. The IDF is fighting to get into Gaza Strip.

I myself might be called up in a month. Do you think that's the way to pressure Hamas to get to a deal? Do you think blocking humanitarian aid is also an effective pressure? Well, you know how I feel about the Gaza Strip. I think it's an incredible piece of important real estate. And I think it's something that we would be involved in. But, you know, having a peace force like the United States there controlling and owning the Gaza Strip would be a good thing. Because right now, all it is is for years and years,

all I hear about is killing and Hamas and problems. And if you take the people, the Palestinians, and move them around to different countries, and you have plenty of countries that will do that, and you really have a freedom zone, you call it the freedom zone. Trump is asked about mixed messages coming out of the White House about tariffs and about other economic policy. Then Donald Trump randomly says, we need open borders. Yes, we need open borders, says Donald Trump. Play this clip.

Mr. President, who's going. The Press. The Press. The Press. The Press. The Press. The Press. The Press. The Press. The Press.

The Press. The Press. The Press. The Press. The Press. The Press. The Press. The Press.

The Press. The Press. The Press. The Press. The Press. The Press. The Press. The Press. The Press. What is the action? Well, it can be, it can both be true. There can be permanent tariffs and there can also be negotiations because there are things that we need beyond tariffs. We need open borders. You know, we almost had a deal with China.

Yes, Donald Trump is now the we need open borders president. And I'm sure the MAGA base won't care whatever the hell he says, because literally he can say anything to their magamush brain here donald trump then falsely says that the richest period for the united states of america was 1870 to 1913 and we have to make america in 2025 look more like 1870 america play this clip he's setting a table and we're going to have great trade and we're going to have a very strong country. Our country is going to be at a level that it has maybe never been or maybe, you know,

our country was the strongest, believe it or not, from 1870 to 1913. You know why? It was all tariff based. We had no income tax. Then in 1913, some genius came up with the idea of let's charge the people of our country, not foreign countries that are ripping off our country. And the country was never relatively, was never that kind of wealth. We had so much wealth, we didn't know what to do with our money. We had meetings, we had committees, and these committees works tirelessly to study one subject.

We have so much money. What are we going to do with it? Who are we going to give it to? Well, there was indeed a massive financial panic in the 1890s that nearly destroyed the country. As Sparrow's ghost points out, J.P. Morgan had to bail America out. Yes, Donald Trump is truly a historically illiterate imbecile, as the account says. Next, Donald Trump says the price of groceries. And then he keeps saying, I like that word, groceries. They call these things groceries. Play this clip. We're really doing amazing. I mean, we're cutting prices because prices got so high, people couldn't live. I mean, the prices for groceries, the prices for standard, standard groceries, standard things were going through the roof.

They couldn't live. And now those prices are coming down. So call them groceries. But that's down. Energy's down and interest rates are down. Everything's down. Donald Trump continued throughout this Oval Office meeting to show how demented he is by continuing to say the word groceries and what an interesting word, an old-fashioned word it is, he says. Play this clip. If you look at what's happening, you're going to see this today. I said, we're going to try and get groceries down, right? An old-fashioned term, but a beautiful term. Eggs. So when I got in, the press went absolutely crazy the first week. They said,

eggs have quadrupled in price. I said, I just got here. Tell me about it. And Brooke Rollins and our team did a great job. And eggs are down now 79% and they're all over the place. And this was a problem that somebody else would have taken a long time to cure. Donald, it's not an old-fashioned word, the word groceries. Again, could you imagine anybody in that position sitting in the White House saying groceries? It's kind of an interesting word, groceries. I can guarantee you it would be all over Fox,

24 hours a day. It would be on the front page of the New York Post. They would be mocking just that, right? But here we've got Donald Trump crashing international markets, creating insane market volatility here in the United States. Over the past, what, a few days, Donald Trump's caused $10 trillion in the market to be wiped away. It's unclear from one moment to the next, I mean, where, where the market's going.

I mean, it looks literally like a Trump meme coin at this point. That's not the way it's supposed to look. But here, Donald Trump then lies and says, we don't have any American cars that are sold to the EU zero. He says, play this clip, sending millions and millions of cars into the U S but we don't have a car that's been sold to the European Union or other places. But let's go for the European Union. And it's not going to be that way. It's got to be fair and reciprocal. It's got to be fair. It's not fair.

And again, the things he says are so outrageously false that you think to yourself sometimes you go, wait a minute, are we not selling cars to the EU? I mean, who would just make something up like Donald? Of course, America sells cars to the EU. In fact, Tesla, prior to Elon Musk engaging in a hostile takeover of the United States and showing what a heinous individual he is, Teslas were selling well in Europe. But I guess Donald Trump just tell another big ridiculous lie over and over again uh donald trump then says no one wants to actually do deals with china and the chinese he says play this clip how it works out please how do you ensure mr president

that these tariffs don't drive u.s trading partners into the hands of the chinese i'm not worried about it i'm not worried about it they want to be in the hands of the Chinese. I'm not worried about it. I'm not worried about it. They want to be in the hands of the U.S. They don't want to be in the hands of the Chinese. The Chinese have turned out to be really not very good at that. People that are with us, they're with us. But we cannot be taken advantage of any longer.

I used to watch these deals for years. I've been talking about it for years. You know, I've been talking about it for 35 years, how our country is being ripped off. I mean, 30 years ago, it was Japan. Then it was something else. Then it was another group. Then it was China. China's doing the best job of it, frankly. And it's just not going to happen. Not going to happen. Donald Trump continues to whine about China's massive surplus. Play this clip. About all of the people that say, well, deficits, if we have a deficit with the country, if the country has a big surplus with us, like China has a massive surplus that they take and they spend on their military. Well, we don't't want that i don't want them to take 500 600

billion dollars a year and spend it on their military i don't want them spending money on their military and i shouldn't have to spend money we shouldn't have to spend it either because you know hopefully and i said this to president xi hopefully it's money that we're never going to use in other words because we're not going to use those incredible weapons that we have and that they have. Then Donald Trump brags about the economy. He says things are going great. He goes, this is the best.

Everything is down at levels that nobody thought was possible. Yeah, what do you mean? People's 401ks? You mean people's retirement and life savings, Donald? Is that what you mean? Here, play this clip. We have energy is down. We have interest rates are down.

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destroyed what they've done to our system. You know, we have $36 trillion of debt for a reason. And the reason is that people allowed it to get that way. So let me just reflect for a moment, too, and just remind you what this is all about as well. In my view, this is intentional by Donald Trump. As I've said, authoritarians don't care if their people suffer. I mean, just think about it. You think Saddam Hussein cared about the economic well-being of his people? You think Putin cares if Russians, the general population is doing well? No, you think Kim Jong-un cares if the people of North Korea are doing well? No, they actually want their people to suffer.

What Trump wants is right out of the authoritarian playbook. Once he crashes the economy, then people become dependent on him, right? And then countries become dependent on him. So then you have to beg. Can I get an exemption? Can I please get this? Can I please have that? Please, pretty please. I need your help. I need your help. It's right out of the authoritarian playbook by crashing people's hopes and dreams, by destroying their lives, by re-engineering the economy. So it's just oligarchs doing well and the people are suffering, then he's hoping that everybody has to beg him for everything. Please, Donald, that's what this is all about, in my opinion. Here's MAGA Mike Johnson being asked about Donald Trump's destruction of the American economy.

Play this clip. We have to give the president space. His strategy is playing out. It's been less than a week, so I think he's okay. Here, Donald Trump is asked about the American hostages taken by Hamas, and Trump says that, I asked the hostages, does Hamas love you? I said, to the hostages, does Hamas say, like, they love you and they show you signs of love and happiness what the hell what are you talking about here play this clip the stories they told me i mean as an example i said to them was there any sign of love you were there 10 people it's only 10 but it's pretty representative did the hamas show any signs of like help or liking you? Did they wink at you?

Did they give you a piece of bread extra? Did they give you a meal on the side? Like, you know, you think of doing like what happened in Germany, what happened elsewhere? People would try and help people that were in unbelievable distress. They said no. I said all of them. I said, did they ever wink at you like you'll be OK? You're going to be OK? No, they didn't do that. They'd slap us. The hatred is unbelievable. And the lives, you know, they lived in a pipe, not really a tunnel. It was a pipe.

And they always thought they were suffocating. They were going to suffocate. And then Donald Trump has asked this question right here. You know, America tariffs Israel at 17 percent. So what are you going to do about those tariffs? And then Donald Trump, probably the first time he even knew that, play this clip. Mr. President, do you plan to reduce the tariffs that your government put on Israeli goods, 17 percent? On Israeli goods, 17 percent. Well, we're talking about a whole new trade. Maybe not. Maybe not. Don't forget, we help Israel a lot.

You know, we give Israel $4 billion a year. That's a lot. My congratulations, by the way. That's pretty good. But we give Israel billions of dollars a year. Billions. It's one of the highest of, and we give a lot of, we give a lot of countries money. You wouldn't believe if I said we give Afghanistan a lot of money, do you? Because that

was a Biden deal, another Biden deal. Not only did he embarrass us with that, but they give them billions of dollars, Afghanistan, right? So, but no, we, we take good care of our friends and we don't take care of our enemies. We're not taking care of our enemies anymore, but we we take good care of our friends and we don't take care of our enemies. We're not taking care of our enemies anymore, but we do take care of our friends. And then Donald Trump threatens Iran. Play this clip about this. A lot of people think that those talks are not going to lead anywhere because the Iranians will never be. I think that's a possibility. If diplomacy fails, is the United States, under your leadership, ready to take military action to destroy the Iranian nuclear program and remove this threat?

I think if the talks aren't successful with Iran, I think Iran is going to be in great danger. And I hate to say it, great danger, because they can't have a nuclear weapon. You know, it's not a complicated formula. Should also be noted while that was taking place, we saw some headlines like this. European Union proposes 25% tariffs on US goods. Apple plans to source more iPhones from India, not Indiana, from India. I think I saw the stat from Fortune magazine that did a breakdown that if all aspects of the supply chain for Apple were brought to the United States, a single iPhone would cost $30,000 per iPhone if every part was made here in the United States versus the way things are sourced

through the international supply chain. Ken Langone, the Home Depot founder and owner, said that these tariffs are the most idiotic thing. This is Republican right-wing guys, you get Ken Langone. We'll keep you posted every step of the way. I wanted to bring you what went down in that Oval Office disaster. Thanks for watching. Hit subscribe. Let's get to 5 million subscribers. The truth is more important than ever. Check out our new Truth Over Lies collection at store.mitastouch.com. All 100% USA union made.