In a history-making day of tariffs, President Trump imposed charges of at least 10 percent on nearly all of America’s trading partners.
Ana Swanson, who covers trade for The Times, discusses who will be affected most and looks at how the levies effectively ended one era of global trade and began a new one.
Apr 2025
Tariffs: What are they good for?
What are tariffs good for?For years, mainstream economists have basically said: tariffs are not good. They are an import tax paid by consumers, they've said, and they discourage free trade, and we want more! Because free trade has broadly led to more global economic growth.But gl ... Show More
23m 28s
Apr 2025
Trump's tariffs make no sense, and will backfire hard on the US economy
In what he called "Liberation Day", Donald Trump imposed heavy tariffs on countries around the world, falsely claiming they were "reciprocal". In reality, the taxes on imports were based on the US trade deficit with other nations. Ben Norton explains how the Trump administration' ... Show More
37m 58s
Apr 2025
Mark Dow: Tariffs, Trade, and Trump - [Making Markets, EP.59]
My guest today for the second time is Mark Dow. Mark is one of my favourite thinkers on Macro, and his experience at the IMF, the US Treasury, and Wall Street gives him a truly unique perspective for the current moment. As we went through one of the biggest market and policy uphe ... Show More
53m 20s
Apr 2025
Trump's Tariff Response, Economics of Tariffs, SCOTUS Rules on Deportations
President Trump faces questions on whether tariffs will remain in place as he welcomes trade negotiations with other countries. Forecasters warn of a heightened risk of recession as tariffs could mean higher prices and slower economic growth. And, the Trump administration has two ... Show More
13m 5s