logo
episode-header-image
Apr 2025
10m 35s

Trump’s tariffs rattle global markets

Financial Times
About this episode
tail spinning
Up next
Today
Untold: Opus Dei, Ep. 1
Untold host Antonia Cundy uncovers the cultural and political influence of a controversial Catholic organisation in America. Opus Dei exists to help people get closer to God, but some members say they found other agendas – and unexpected harm – entangled in that spiritual mission ... Show More
36m 34s
Yesterday
Hong Kong woos asset managers with potential tax cuts
The United Arab Emirates has told allies that it would participate in a multinational maritime task force intended to reopen the Strait of Hormuz, and Hong Kong is weighing tax cuts for asset managers. Plus, London has embraced a controversial form of energy production: burning r ... Show More
13m 9s
Mar 26
Investors try to stay ahead of Trump’s Iran moves
Iran’s top military leadership dismissed Donald Trump’s claims that the Islamic republic was ready to make a deal, the US president appears to make abrupt policy pivots based on swings in oil prices, and the EU’s trade commissioner says time is running out to stop the World Trade ... Show More
11m 58s
Recommended Episodes
Aug 2025
How Asia is coping with Trump’s tariffs. With Mari Pangestu
President Donald Trump thinks that Asia's goods exports are automatically America's loss and as part of his ‘reciprocal’ tariff policy, he has imposed some of the highest import taxes on goods from south-east Asia. So what does this mean for the region? And are Trump's policies p ... Show More
28m 36s
Apr 2025
Import-extort: what to make of Donald Trump’s titanic tariffs
<p>After months of bluster, he’s finally done it. At a ceremony in the White House Rose Garden, Donald Trump overturned decades of American trade policy with a simple signature. The new wave of <a href="https://www.economist.com/finance-and-economics/2025/04/03/trump-takes-americ ... Show More
46m 35s
Apr 2025
Are US tariffs just the beginning? With Abraham Newman
As Donald Trump declares a trade war on the rest of the world, it’s time to learn about a field of economic research known as “weaponised interdependence”. The bad news is that the US president’s weapon of choice – imposing tariffs on goods imports – is a fairly outdated tool of ... Show More
31m 33s
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 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
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
Oct 2025
Trump-Zelenskiy, Prince Andrew and Hollywood tariffs
In talks with Ukraine's President Volodymyr Zelenskiy, U.S. President Donald Trump appears to press pause on upgrading Ukraine's weapons arsenal. The EU unveils a plan for a drone defence wall. Prince Andrew relinquishes the "Duke of York" title after the Jeffrey Epstein scandal. ... Show More
12m 38s
Dec 2024
GOP Leaders Flip-Flop as Pete Hegseth Faces the Guillotine
Some Republican leaders are squirming to keep Pete Hegseth’s name in the hat as president-elect Donald Trump’s defense secretary nominee—at all costs, said The New Abnormal co-hosts Andy Levy and Danielle Moodie. Plus! Christopher Robbins, reporter and co-founder of local news ou ... Show More
32m 43s
Apr 2025
Episode 436: Friendly Fire – Tariffs, Allies, and Strategic Fallout
Today, Les, Martha, and Jess unpack the growing global fallout from President Trump’s expanding tariff agenda. With a minimum 10% tariff imposed on all imports – and significantly higher rates hitting key partners like Vietnam and the European Union – the administration’s “Americ ... Show More
10m 17s