The following is a lightly edited transcript of the April 11 episode of the Daily Blast podcast. Listen to it here . By now you’ve heard that President Trump supposedly “paused” his tariffs. In reality, we still have a 10 percent tariff on most global imports; the tariffs with China are through the roof; and the trade war with China has gotten worse, causing markets to plunge once again. Fox News has been struggling to spin Trump’s so-called pause as some form of brilliant 11-dimensional chess .

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