August 29, 2025 • 5 mins
Rory and Larry break down how Americans are feeling about shopping this upcoming holiday season due to tariff-related price hikes. Russia continues to launch drone attacks on Ukraine, and the talks that President Trump had with both leaders over the last two weeks have not moved closer to a ceasefire.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Now let's bring in w R national correspondent with us
every day at this time. Rory O'Neil, Good morning, Rory.
You got big plans this weekend?
Speaker 2 (00:10):
Not too much.
Speaker 3 (00:11):
You know, it's still summer down here, and we even
tried to have college football last night and that got
interrupted by one of those summer thunderstorms.
Speaker 2 (00:17):
So yeah, we're not We're still in the throes of summer.
For another. Oh, I don't know eight weeks. What game
was that.
Speaker 3 (00:25):
You see at the University of Central Florida playing Jacksonville
State pulled out a victory which they should have in
the end after a two hour lightning delay.
Speaker 1 (00:33):
Wow. We have been marveling during this show, by the way,
about how Donald Trump's not about you. Maybe we'll wait
and see about you. We'll see how you do today. Yes, no,
we've been marveling at how Donald Trump can manipulate the
media so easily and just change the topic completely. Everybody
(00:57):
was talking about Ukraine, everybody was talking about the season,
it wasn't going his way, and now we're talking about crime.
It's because that's all he's talked about, and now it's
dominates the conversation across the across the country, and nobody's
talking about Ukraine except you, so tell us what's going on.
Speaker 3 (01:18):
We thought it was to pivot away from Epstein, right
that we've got these other topics. But yeah, you know,
today marks two weeks since the big meeting in Alaska
with Presidents Putin and Trump, and things may have actually
gotten worse this week. Russia launching some of its most
aggressive attacks. What nearly six hundred drones launched into Ukraine
(01:38):
in the past thirty six hours, with missiles as well.
We saw at least twenty three people killed. Even the
EU offices, the European Union office in Kiev was hit
by this attack. So we've got a big meeting today
with leaders or members of the Trump administration traveling to
New York to meet with representatives of the Ukrainian team
(02:01):
to try to see what's next here.
Speaker 2 (02:02):
But having that bilateral, even.
Speaker 3 (02:04):
A trilateral meeting, now that doesn't seem to be in
the cards for anyone.
Speaker 1 (02:08):
No, it doesn't. And so Donald Trump, I don't know
what's so magic about two weeks. It's now been two
weeks that he threatened sanctions before the talks with Putin
and got him to the table. Now he's threatening again
two weeks. What's going to happen in two weeks? Do
we know?
Speaker 2 (02:25):
Yeah, we really don't.
Speaker 3 (02:26):
And you know the fact that Russia has ramped up
this aggression clearly has to be frustrating President Trump, who
you know at the time he is saying, I think
Putin wants peace.
Speaker 2 (02:35):
I think he wants peace.
Speaker 3 (02:36):
Well, here's evidence that maybe he doesn't, and that instead
he wants to drag his feet and continue this. Remember,
Russia has been in the middle of this summertime offensive
and it's gotten a lot of success for Russia, and
I think that's what's continuing. I think that's what Putin
wants to continue. And this President Trump says, oh, we're
going to have secondary tariffs on India and China. Even
(02:59):
some of those tariffs take effect against India. The fear
as well is that all it does is drive China
and Russia, or China and India closer to Russia.
Speaker 1 (03:08):
How is that to play that out? Tell me how
that works.
Speaker 3 (03:11):
Well, Russia's got oil, right, and Russia doesn't have any
other customers on the planet at this point, so now
they are selling cheaper oil with their two customers, China
and India, who are lining up to buy the cheap oil.
So now if you're threatening these sanctions on India in particular,
which you know, it's a democracy, mostly English speaking, has
(03:31):
a lot of ties to the US, but you're going
to turn a lot of their attention now towards Russia
because they can see a lot of business opportunities there
as well, and top of the list is getting access
to that cheap energy.
Speaker 1 (03:44):
But they were already doing business with Russia. That's the
whole reason for the tariffs. They were already getting most
of their gas and oil from Russia. So I think
what Donald Trump's looking at is I want to stop that.
And that's why it was so interested in what you said,
because I'm not sure it could exacerbate it anymore than
it is already, you know, unless they're going to do
(04:06):
other trade with Russia. But there aren't that many other
products that come from Russia. We certainly don't have a lot,
which is why people say maybe these tariffs wouldn't even
work against Russia because we don't import a lot from them, do.
Speaker 2 (04:18):
We, right, No.
Speaker 3 (04:19):
Fertilizer is a big one though, So this has been
a big issue for farmers in the US that fertilizer.
Lizer prices have gone up because a lot of the oil,
the kind of oil that Russia can get, a lot
of that is used for the production of fertilizers, so
that has gone up in cost a lot for American farmers.
Speaker 2 (04:37):
So that has been one big issue.
Speaker 3 (04:39):
But yeah, it's still an emerging market by some accounts
because the Russian economy is so topsy turvy right now.
But yeah, I think the concern is that you see
that have this alliance of China, India and North Korea
all working more closely together and breaking away from the US.
Speaker 1 (04:58):
Well, we will hold our bread and I guess it's
what a week and a half now, we have to
wait to see what's going to happen, and we'll talk
to you again then about it.
Speaker 2 (05:07):
Have a great weekend, thanks Larry, to talk to you
next week.
Now let's bring in w R national correspondent with us
every day at this time. Rory O'Neil, Good morning, Rory.
You got big plans this weekend?
Speaker 2 (00:10):
Not too much.
Speaker 3 (00:11):
You know, it's still summer down here, and we even
tried to have college football last night and that got
interrupted by one of those summer thunderstorms.
Speaker 2 (00:17):
So yeah, we're not We're still in the throes of summer.
For another. Oh, I don't know eight weeks. What game
was that.
Speaker 3 (00:25):
You see at the University of Central Florida playing Jacksonville
State pulled out a victory which they should have in
the end after a two hour lightning delay.
Speaker 1 (00:33):
Wow. We have been marveling during this show, by the way,
about how Donald Trump's not about you. Maybe we'll wait
and see about you. We'll see how you do today. Yes, no,
we've been marveling at how Donald Trump can manipulate the
media so easily and just change the topic completely. Everybody
(00:57):
was talking about Ukraine, everybody was talking about the season,
it wasn't going his way, and now we're talking about crime.
It's because that's all he's talked about, and now it's
dominates the conversation across the across the country, and nobody's
talking about Ukraine except you, so tell us what's going on.
Speaker 3 (01:18):
We thought it was to pivot away from Epstein, right
that we've got these other topics. But yeah, you know,
today marks two weeks since the big meeting in Alaska
with Presidents Putin and Trump, and things may have actually
gotten worse this week. Russia launching some of its most
aggressive attacks. What nearly six hundred drones launched into Ukraine
(01:38):
in the past thirty six hours, with missiles as well.
We saw at least twenty three people killed. Even the
EU offices, the European Union office in Kiev was hit
by this attack. So we've got a big meeting today
with leaders or members of the Trump administration traveling to
New York to meet with representatives of the Ukrainian team
(02:01):
to try to see what's next here.
Speaker 2 (02:02):
But having that bilateral, even.
Speaker 3 (02:04):
A trilateral meeting, now that doesn't seem to be in
the cards for anyone.
Speaker 1 (02:08):
No, it doesn't. And so Donald Trump, I don't know
what's so magic about two weeks. It's now been two
weeks that he threatened sanctions before the talks with Putin
and got him to the table. Now he's threatening again
two weeks. What's going to happen in two weeks? Do
we know?
Speaker 2 (02:25):
Yeah, we really don't.
Speaker 3 (02:26):
And you know the fact that Russia has ramped up
this aggression clearly has to be frustrating President Trump, who
you know at the time he is saying, I think
Putin wants peace.
Speaker 2 (02:35):
I think he wants peace.
Speaker 3 (02:36):
Well, here's evidence that maybe he doesn't, and that instead
he wants to drag his feet and continue this. Remember,
Russia has been in the middle of this summertime offensive
and it's gotten a lot of success for Russia, and
I think that's what's continuing. I think that's what Putin
wants to continue. And this President Trump says, oh, we're
going to have secondary tariffs on India and China. Even
(02:59):
some of those tariffs take effect against India. The fear
as well is that all it does is drive China
and Russia, or China and India closer to Russia.
Speaker 1 (03:08):
How is that to play that out? Tell me how
that works.
Speaker 3 (03:11):
Well, Russia's got oil, right, and Russia doesn't have any
other customers on the planet at this point, so now
they are selling cheaper oil with their two customers, China
and India, who are lining up to buy the cheap oil.
So now if you're threatening these sanctions on India in particular,
which you know, it's a democracy, mostly English speaking, has
(03:31):
a lot of ties to the US, but you're going
to turn a lot of their attention now towards Russia
because they can see a lot of business opportunities there
as well, and top of the list is getting access
to that cheap energy.
Speaker 1 (03:44):
But they were already doing business with Russia. That's the
whole reason for the tariffs. They were already getting most
of their gas and oil from Russia. So I think
what Donald Trump's looking at is I want to stop that.
And that's why it was so interested in what you said,
because I'm not sure it could exacerbate it anymore than
it is already, you know, unless they're going to do
(04:06):
other trade with Russia. But there aren't that many other
products that come from Russia. We certainly don't have a lot,
which is why people say maybe these tariffs wouldn't even
work against Russia because we don't import a lot from them, do.
Speaker 2 (04:18):
We, right, No.
Speaker 3 (04:19):
Fertilizer is a big one though, So this has been
a big issue for farmers in the US that fertilizer.
Lizer prices have gone up because a lot of the oil,
the kind of oil that Russia can get, a lot
of that is used for the production of fertilizers, so
that has gone up in cost a lot for American farmers.
Speaker 2 (04:37):
So that has been one big issue.
Speaker 3 (04:39):
But yeah, it's still an emerging market by some accounts
because the Russian economy is so topsy turvy right now.
But yeah, I think the concern is that you see
that have this alliance of China, India and North Korea
all working more closely together and breaking away from the US.
Speaker 1 (04:58):
Well, we will hold our bread and I guess it's
what a week and a half now, we have to
wait to see what's going to happen, and we'll talk
to you again then about it.
Speaker 2 (05:07):
Have a great weekend, thanks Larry, to talk to you
next week.
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