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The Megyn Kelly Show

Markets Rip on Tariff News, Judge Grants AP WH Access, DNI Launches Intel Task Force: AM Update 4/10

Thu, 10 Apr 2025

Description

President Trump pauses most tariffs, while keeping those on China, and the markets post huge gains. House Democrats deflect from sanctuary city crime concerns by attacking Republicans during a heated immigration hearing. A judge rules the Trump Administration must reinstate AP’s White House access. Director of National Intelligence Tulsi Gabbard creates a task force to expose political bias, waste, and abuse within US intelligence agencies.Tax Network USA: Call 1-800-958-1000 or visit https://TNUSA.com/MEGYN to speak with a strategist for FREE todayJacked Up Fitness: Go to https://GetJackedUp.com and use code MK at checkout to save 10% off your entire purchase

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Transcription

Chapter 1: What are the significant market reactions to tariff news?

2.95 - 8.854 Megyn Kelly

Good morning, everyone. I'm Megyn Kelly. It's Thursday, April 10th, 2025, and this is your AM Update.

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9.374 - 12.737 Donald Trump

China wants to make a deal. They just don't know how quite to go about it.

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13.217 - 20.462 Megyn Kelly

President Trump turns up the heat on China and sends markets soaring with a pause on tariffs for cooperating nations.

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21.089 - 27.936 Democratic House Member

My Republican colleagues are here using today to continue pushing this false narrative of sanctuary cities harboring criminals.

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28.337 - 47.078 Megyn Kelly

House Democrats attempt to deflect and distract from harm caused by illegal immigrants in sanctuary cities as the Trump administration celebrates a historic drop in illegal border crossings. A federal judge orders the Trump administration to restore exclusive White House access to the Associated Press.

47.758 - 72.411 Megyn Kelly

And Director of National Intelligence Tulsi Gabbard creates a task force to expose the skeletons from within the intel community's closet. All that and more coming up in just a moment on your AM Update. The IRS is the largest collection agency in the world. And with April 15th fast approaching, it's more aggressive than ever. If you owe back taxes or have unfiled returns, waiting is not an option.

72.931 - 87.244 Megyn Kelly

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87.824 - 105.81 Megyn Kelly

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106.47 - 132.424 Megyn Kelly

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Chapter 2: How is the Trump administration handling China tariffs?

153.021 - 173.013 Megyn Kelly

The incredible rise coming on the announcement of a 90-day pause on tariffs for all countries who did not retaliate against the president's Liberation Day announcement hiking tariffs. For weeks, the president saying the tariffs would be permanent, sending markets into the red. Mr. Trump discussing the stunning reversal from the Oval.

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173.653 - 189.604 Donald Trump

We don't want to hurt countries that don't need to be hurt. And they all want to negotiate. The only problem is, you know, you can only do so many at one time. It's like... We want to do it right. We want to get it right. We want to take care of them, but we have to take care of our countries. And we're happy about it.

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190.684 - 197.627 Donald Trump

I didn't know it would have that kind of an impact, but it's, you know, they have the biggest increase in the history of the stock market. That's pretty good.

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198.211 - 219.793 Megyn Kelly

One country not getting any relief on tariffs is China. President Trump announcing an increase on our Chinese tariffs to 125 percent. The CCP previously announcing a retaliatory increase on U.S. tariffs to 84 percent. Treasury Secretary Scott Besant telling reporters this was the strategy all along.

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220.393 - 250.392 Scott Besson

And all this was, again, this was driven by the president's strategy. He and I had a long talk on Sunday, and this was his strategy all along. And you might even say that he goaded China into a bad position. They responded. They have shown themselves to the world to be the bad actors. And we are willing to cooperate with our allies and with our trading partners who did not retaliate.

250.872 - 254.774 Scott Besson

It wasn't a hard message. Don't retaliate. Things will turn out well.

255.254 - 259.055 Megyn Kelly

Mr. Trump outside the White House saying he believes China will come to the table.

259.475 - 283.566 Donald Trump

China was by far the biggest abuser in history and others also. But somebody had to do it. They had to stop because it was not sustainable. Last year, China made $1 trillion off trade with the United States. You know, look, nothing's over yet, but we have a tremendous amount of spirit from other countries, including China. China wants to make a deal. They just don't know how quite to go about it.

283.726 - 295.576 Donald Trump

We have many other countries, as you know, many more than 75, and they all want to come, and they want to come here, or they'll go to commerce, or they'll go to treasury. So we'll see how it all works out. I think it's going to work out amazing.

Chapter 3: What measures is the Trump administration taking on illegal immigration?

393.581 - 411.991 Megyn Kelly

The Trump administration ratcheting up pressure on illegal aliens to self-deport, fining illegal immigrants $998 for each day they remain in the U.S. illegally. Reuters reporting the administration is planning to apply the fines retroactively up to five years, totaling more than a million dollars.

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412.591 - 436.471 Megyn Kelly

The administration offering benefits to illegal aliens who choose to self-deport via the CBP Home app, allowing them to keep money earned in the U.S. and maintain eligibility to return legally. DHS in March recording the lowest border crossings in history. Daily apprehensions dropping by 95 percent compared to the prior year. President Trump highlighting the achievement on Tuesday night.

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437.031 - 468.347 Donald Trump

During the same period last year, Joe Biden released more than 184,000 illegal aliens into our country. Think of it. Many of these people were from jails and mental institutions, as I said, since my inauguration. We've released a grand total of nine. Nine. Nine. And they were all, in all cases, medical emergencies. But we will continue to deport these monsters under the Alien Enemies Act.

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468.628 - 470.39 Donald Trump

Think of that, Alien Enemies Act.

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470.51 - 489.85 Megyn Kelly

Can you believe it? On Wednesday, the House Judiciary Subcommittee on Immigration, Integrity, Security and Enforcement holding a hearing on sanctuary jurisdictions, inviting witnesses negatively impacted by the sanctuary policies, which prevents state or local officials from cooperating with ICE to safely remove illegal aliens.

490.35 - 499.938 Megyn Kelly

Democrats on the committee using their time to attack their Republican colleagues. Ranking member of the subcommittee, Washington Congresswoman Pramaya Jayapal, beginning her remarks with this.

500.378 - 524.261 Congresswoman Pramila Jayapal

Perhaps the chairman would have this level of concern for the victims of senseless gun violence across this country. 47,000 people who were killed from gun violence just in one year alone. Or perhaps the chairman would have this level of concern for the families of law enforcement that were killed during the January 6th insurrection on the United States Capitol.

524.821 - 543.988 Megyn Kelly

The only person killed on January 6th was Ashley Babbitt, an unarmed protester shot by Capitol Police. A medical examiner ruling Officer Brian Sicknick passed away due to natural causes. Four officers later died by suicide. Democrat Congresswoman from Texas Jasmine Crockett making this claim.

544.528 - 561.532 Democratic House Member

My Republican colleagues are here using today to continue pushing this false narrative of sanctuary cities harboring criminals. Yet right here in DC, we have a 34 count felon being harbored in the White House. The hypocrisy coming from your side of the aisle over concerns regarding lawlessness is outrageous.

Chapter 4: What are the arguments in the House immigration hearing?

578.915 - 598.939 Megyn Kelly

Congresswoman Crockett obfuscating the reality with her statement. Illegal immigrants are entitled to due process, though protections afforded to illegals are more limited. Illegal immigrants are not entitled to a public defender as proceedings are civil, not criminal. There's no jury trial. Federal agents present evidence to an immigration judge under a lower standard of proof.

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599.699 - 617.129 Megyn Kelly

The Sanctuary City hearing held just days after authorities charged a 43-year-old illegal immigrant living in Sanctuary City, Los Angeles, with murdering a 13-year-old boy. The suspect also accused of sexually assaulting multiple teen boys, authorities now seeking out other possible victims.

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618.71 - 632.971 Megyn Kelly

Coming up, a federal judge orders the Trump administration to restore exclusive access to the Associated Press. and Director of National Intelligence Tulsi Gabbard creates a task force to expose the skeletons from within the intel community's closet.

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635.143 - 650.311 Megyn Kelly

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650.912 - 670.121 Megyn Kelly

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670.501 - 694.098 Megyn Kelly

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694.438 - 716.241 Megyn Kelly

And when you're ready to order your own Power Rack Pro, save 10% by using my promo code MK. No more excuses. Let's all get in the best shape of our lives. Go to getjackedup.com. A federal judge on Tuesday ordering the White House to restore full presidential access to the Associated Press.

716.802 - 736.081 Megyn Kelly

The White House banning the AP from so-called pool access in February following the outlet's refusal to accept the Gulf of America renaming. Pool access is a more exclusive group of reporters granted access to tight spaces like Air Force One and the Oval Office. The AP maintains the ability to cover the White House from the briefing room. U.S.

736.121 - 746.585 Megyn Kelly

District Judge Trevor McFadden, a Trump appointee, writing, quote, if the government opens its doors to some journalists, it cannot then shut those doors to other journalists because of their viewpoints.

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