00:00 Speaker A
We just heard from President Donald Trump speaking about his decision to reverse and not impose the more punitive tariff rates on countries around the world, instead imposing a 10% baseline tariff and then a 125% rate on China. Um, he talked about why he did it. The beginning of his remarks saying that people were panicking, and he did concede he was watching the bond market. Um, he didn’t say if this was a reaction to that, but he did say he was watching it. And in answer to a question, he did say that the administration would consider exempting some individual companies. Um, he also said this is the the biggest day in market history. Maybe in Maybe in dollar terms, it might be because markets are near their highs and they are their lows. From a historical perspective, but we are seeing big, big gains across the board, certainly.
01:27 Speaker B
Yeah, I thought the exemptions was a really interesting comment too, because obviously, especially you know, if you’re an Apple investor, your ears probably perked up a little bit there. You know, ask about their exemptions, going to be tariff carve-outs and dismissals, etc. You know, we’ll take a look at that. That’s something we’ll take a look at.
02:04 Speaker A
Wait and see, Julie.
02:08 Speaker B
Wait and see. Yeah, just wait, you know, maybe it’ll say something different later today.
02:18 Speaker A
Could be. Could be. Could be this this segment, he could say something different, right?