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Politics: economic momentum meets market jitters – one america news

POLITICS: Economic Momentum Meets Market Jitters – One America News Network

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OAN’sΒ Alicia Summers
4:35 PM – Tuesday, April 29, 2025



The White House is marking President Trump’s first 100 days by touting economic momentumβ€”cooling inflation, cheaper gas and eggs, trillions in new private investment, and strong private sector job growth. Deregulation and on-shoring are helping drive manufacturing back to the U.S. But on that same day, consumer confidence plunged to a five-year low, rattled by market volatility, tariff concerns, and lingering inflation fears. The administration quickly respondedβ€”offering tariff relief to U.S. automakers, including credits to offset the 25% duty on imported cars and parts, with hopes of boosting domestic production. Treasury Secretary Scott Bessent says tariff revenue could help fund tax relief, and that a trade deal with India is β€œvery close,” with major talks also underway with South Korea and Japan. And while Walmart has committed $350 billion to American-made goods, Amazon hasn’t followed suit. Joining Alicia Summer to break it all downβ€”Mindy McIntosh, Founder and CEO of McIntosh & Associates.

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