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The MeidasTouch Podcast

Trump Holds Disaster Presser and Crashes Markets

Mon, 03 Mar 2025

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MeidasTouch host Ben Meiselas reports on Trump crashing the markets without his disastrous press conference. 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

Audio
Transcription

Chapter 1: How did Trump's press conference impact the stock market?

0.029 - 19.949 Ben Meiselas

Donald Trump just wrapped up a press conference where he literally crashed the stock market based on what he was saying. Donald Trump threatened Canada and Mexico, said tariffs will indeed take place tomorrow. Then Donald Trump posted on his social media platform, tariffs will be fun, he told the farmers. Have fun based on what?

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20.229 - 46.565 Ben Meiselas

all of the greatness he's going to bring when he's actually going to devastate them. At the close of the day, the markets were down as such. The Dow was down 1.48%. The S&P 500 was down 1.76%. The Nasdaq was down 2.64%. You can literally see the market crashing as Donald Trump is speaking at this press conference and talking about the tariffs. Play this clip.

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Chapter 2: What did Trump say about trade and tariffs?

47.245 - 65.74 Donald Trump

The United States has been taken advantage of for 40 years. The United States has been a laughingstock for years and years. That's why this gentleman is built in Taiwan instead of building here. Would have been better if he built here if we had a president that knew what they were doing. And we had a lot of them very bad on trade.

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66.482 - 88.009 Ben Meiselas

And at one point during his speech, the Dow was almost down 1,000 points. Donald Trump was then speaking about President Zelensky. He praised Putin again. He talked about how, yes, America is aligned, essentially, with Russian foreign policy, with Putin policy, and said Zelensky should be more appreciative of him. Here, play this clip.

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89.63 - 93.471 Reporter

What do you need to see from President Zelensky to restart these negotiations?

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94.281 - 115.711 Donald Trump

Well, I just think you should be more appreciative because this country has stuck with them through thick and thin. We've given them much more than Europe, and Europe should have given more than us because, as you know, that's right there. That's the border. This country really was like the fence on the border. It was very important to Europe. And I'm not knocking Europe.

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Chapter 3: How did Trump address relations with Canada, Mexico, and Taiwan?

115.792 - 122.335 Donald Trump

I'm saying that just they were a lot smarter than Joe Biden because Joe Biden didn't have a clue. He just gave money hand over fist.

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122.955 - 134.687 Ben Meiselas

Yes, this press conference was an absolute disaster. Donald Trump then decides to attack our ally, Taiwan, and he says all these horrible things about them. Play this clip.

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135.327 - 140.431 Donald Trump

Gonna go on for a long time. And he better not be right about that.

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140.491 - 150.153 Reporter

That's all I'm saying. Could this minimize the impact to the U.S. with chips should China decide to isolate Taiwan or China decide to take Taiwan?

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Chapter 4: What are Trump's views on U.S. foreign policy with Russia and Ukraine?

150.413 - 172.584 Donald Trump

Well, it's a very interesting point. It's a great question, actually. But this would certainly... I can't say minimize. That would be a catastrophic event, obviously. But it will at least give us a position where we have in this very, very important business, we would have a very big part of it in the United States. So we have a big impact if something should happen with Taiwan.

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173.217 - 191.793 Ben Meiselas

It's awfully suspicious, eh, that Donald Trump seems to always just be attacking our allies and never saying anything negative about our enemies. What does that tell you about him, huh? Here, Donald Trump doesn't answer a question asking him if he's bringing U.S. policy in alignment with Moscow.

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191.873 - 204.401 Reporter

Play this clip. Are you considering canceling military aid to Ukraine? And can we get a reaction to what the Prime Minister said, that your administration is bringing U.S. worldview in alignment with Moscow's?

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204.462 - 220.512 Donald Trump

So this is a deal that should have never happened. This is a deal that would have never happened. And it didn't happen. For four years, it didn't happen. It was never even close to happening. If I were president, it would not have happened. And October 7th would not have happened in Israel.

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221.352 - 247.607 Donald Trump

uh and inflation wouldn't have happened and afghanistan disastrous the way they withdrew not the fact that they withdrew but the way they withdrew would have never happened and we would have had bagram right now instead of china having it it was one hour away from where china makes their nuclear weapons we would have kept bagram but one of the biggest air bases in the world all of these things happened and it's a shame but it is what it is and now we're here i want to see it end fast

248.567 - 267.163 Donald Trump

I don't want to see this go on for years and years. Now, President Zelenskyy supposedly made a statement today in AP. I'm not a big fan of AP, so maybe it was an incorrect statement. But he said he thinks the war is going to go on for a long time. And he better not be right about that. That's all I'm saying.

267.283 - 278.785 Ben Meiselas

You can watch this also over here. You can literally watch the stock market tank in the bottom corner of Fox's broadcast as Trump keeps talking about the tariffs. Play this clip.

278.985 - 298.876 Donald Trump

I'm a huge fan of Ronald Reagan, but he was bad on trade. Very bad on trade. He allowed a lot of people, a lot of business to be taken. So I say that with due respect because he was so great on other things, but he was bad on trade. uh we are setting records right now, records like nobody has ever seen before.

Chapter 5: How does Trump compare his administration's actions to previous ones?

298.896 - 316.907 Donald Trump

When you have companies like this coming in and almost 40% of their company in one signature is gonna be devoted to what he does, which is one of the most important businesses in the world, that's an unbelievable thing. When Apple now is gonna start building all of their plants here.

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317.608 - 327.335 Ben Meiselas

Here, Trump doesn't deny that his foreign policy is in line with Putin, but instead rants about Biden, he says, Biden, here, play this clip.

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327.395 - 334.522 Reporter

Question from Russia saying that your foreign policy is largely in line with their vision. Should that be concerning to Americans?

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335.083 - 335.483 Donald Trump

Said what?

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335.583 - 343.832 Reporter

Should that be concerning to Americans? What do you mean? That Russia says that your administration's foreign policy is quote, largely in line with their vision.

344.403 - 358.528 Donald Trump

Well, I'll tell you what, I think it takes two to tango and you're going to have to make a deal with Russia and you're going to have to make a deal with Ukraine. You're going to have to have the assent and you're going to have to have the consent from the European nations, because I think that's important.

358.588 - 375.533 Donald Trump

And from us, I think everybody has to get into a room, so to speak, and we have to make a deal. And the deal can be made very fast. It should not be that hard a deal to make. It could be made Very fast. Now, maybe somebody doesn't want to make a deal. And if somebody doesn't want to make a deal, I think that person won't be around very long.

375.573 - 397.693 Donald Trump

That person will not be listened to very long because I believe that Russia wants to make a deal. I believe certainly the people of Ukraine want to make a deal. They've suffered more than anybody else. We talk about suffering. They've suffered. But if you think about it, under President Bush, they got Georgia. Right? Russia got Georgia.

398.534 - 424.617 Donald Trump

Under President Obama, they got a nice big submarine base, a nice big chunk of land where they have their submarines. You know that, right? Crimea. Under President Trump, they got nothing. And under President Biden, they tried to get the whole thing. They tried to get the whole big Ukraine, the whole thing. If I didn't get in here, they would have gotten the whole thing.

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