logo
episode-header-image
Dec 2024
33m 12s

The Economics Show: Would Trump’s tariff...

Financial Times
About this episode

Trump is returning to office with many of the same policies that characterised his last term. And for economists, none looms larger than the prospect of significant new tariffs. But are tariffs really as destructive as feared? After all, the Biden administration maintained most of them and the economy has remained strong. Today on the show, we put the question to Kimberly Clausing, a professor at UCLA, and formerly lead economist in the Biden administration's Office for Tax Policy.


Soumaya Keynes writes a column each week for the Financial Times. You can find it here

Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
Martin Wolf on the US midterms: What’s the risk of political violence?
As Americans prepare to vote in the November 3 midterm elections, the FT’s chief economics commentator Martin Wolf asks what the result will mean for Donald Trump, the future of US democracy and America's place in the world. In the third of a six-part series, Martin speaks to pol ... Show More
36m 54s
Yesterday
Alphabet’s brutal day on the stock market
Alphabet’s share price fell just over 12 percent on Thursday, and UK startup Nscale is banking on a troubled US data centre project to underpin its planned $35bn IPO. Plus, we look at what’s next for the ECB now that its president Christine Lagarde announced she’s stepping down.M ... Show More
12m 15s
Oct 29
The winners and losers in the UK Budget
Chancellor John Healey has targeted banks, savers and property owners in his Autumn Budget, Benjamin Netanyahu holds the lead in Israel’s election but there’s no clear winner yet, and one of the oldest American law firms told partners that it should dissolve. Plus, the Federal Re ... Show More
13m 28s
Recommended Episodes
Nov 2024
Would Trump’s tariffs really be that bad? With Kimberly Clausing
<p>Trump is returning to office with many of the same policies that characterised his last term. And for economists, none looms larger than the prospect of significant new tariffs. But are tariffs really as destructive as feared? After all, the Biden administration maintained mos ... Show More
33m 12s
Aug 2025
What C.E.O.s Really Think About Trump’s Tariffs
<p>Last week, President Trump hit many countries with yet another round of punishing tariffs. So far, the economy has been resilient in the face of his trade war, but it’s unclear how long that will last.</p><p>Andrew Ross Sorkin, editor-at-large of DealBook, discusses what C.E.O ... Show More
28m 36s
Feb 2024
Make the economy Trump’s again?
As president, Donald Trump presided over a good — sometimes great — economy. But his proposals are unnerving business leaders this time around. The Washington Post’s Heather Long and Economist columnist Henry Tricks on the Tariff Man’s Tariff Plans. This episode was produced by M ... Show More
25m 16s
Aug 2025
Trump Tariff Day is Here ... Again
President Trump lays out his tariffs for countries across the world. We look at the countries hit hardest and what's it going to cost you. Meanwhile, economists say the labor market looks solid. But does that paint the full picture? Why are some people being left behind? Plus, Ka ... Show More
46m 12s
Sep 2024
What would Trump do on trade? With Alan Beattie
<p>This campaign, candidate Donald Trump is promising even more extreme versions of the policies that marked his first term. But what would higher, and more widespread, tariffs actually look like? And in what form would any retaliation come? Today on the show, Soumaya and the FT’ ... Show More
30m 53s
Aug 2025
Here's Why Tariffs May Deliver for Trump
US President Donald Trump’s tariff strategy is reshaping trade, diplomacy, and the American economy. The levies have sparked turmoil in financial markets, but are already bringing in billions of dollars in revenue for the US Treasury. So far, the global economy has held up better ... Show More
10m 42s
Sep 2025
The ugly truth about Trump’s ‘beautiful tariffs’. With Martha Gimbel
Customs duties on imported goods used to be a crucial part of US government funding – in fact, the customs service was among the first federal agencies set up after the constitution. Now, Trump is hoping that – among other things – tariffs could transform the US budget. But do th ... Show More
32m 34s