logo
episode-header-image
Apr 2025
24m 40s

Trump 2.0: Tariff Turnaround

THE WALL STREET JOURNAL & GIMLET
About this episode

Kate Linebaugh and Molly Ball go behind the scenes of the administration’s tariff pause. We dive deep with WSJ’s Josh Dawsey, exploring the tension in the days after the announcement and what really changed the president’s mind. Plus, your questions!


Further Listening:

- China Unleashes a Trade War Arsenal 

- The Tariff Trade Off: Jobs vs. Higher Prices 

- Wall Street Speaks Out Against Tariffs 


Sign up for WSJ’s free What’s News newsletter .


Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Jul 14
Why Elon Musk’s AI Chatbot Went Rogue
Last week, Grok went rogue. The AI chatbot – which users can interact with on X – posted antisemitic comments and graphic descriptions of violence before being deactivated, leaving users with a question: Where were Grok’s guardrails? WSJ’s Alexander Saeedy breaks down what happen ... Show More
22m 52s
Jul 11
Can Superman Save Warner?
The man of steel is back in a new $225 million reboot. Riding on this weekend’s release is the hope that DC Studios will finally begin to match the past successes of its archrival Marvel. Its parent company Warner Bros. Discovery views DC Studios as critical to its success or fai ... Show More
22m 36s
Jul 10
Who Will Be the Next Fed Chair? Maybe Kevin
For years, President Trump has feuded with the Federal Reserve and Chair Jerome Powell over interest rates. And now, two Republicans named Kevin (Kevin Hassett, one of Trump’s closest economic advisers and Kevin Warsh—a former Fed governor) are vying to be the next chairman of th ... Show More
22m 47s
Recommended Episodes
Apr 2025
Bonds Sell Off as New U.S. Tariffs Upend Global Trade
A.M. Edition for April 9. As U.S. tariffs targeting nearly 100 nations take effect, WSJ reporters Jason Douglas and Kim Mackrael explain how America’s trade partners are responding to the levies, including a 104% tariff on China. Plus, markets reporter Chelsey Dulaney breaks down ... Show More
14m 6s
Apr 2025
China Vows to Fight U.S. Tariffs ‘To The End’
A.M. Edition for April 8. Beijing pledges more countermeasures if President Trump follows through on a threat for an additional 50% tariff on Chinese goods. Despite signs of an intensifying trade war, the WSJ’s Alex Frangos explains why global equities are regaining ground today. ... Show More
14m 18s
Apr 2025
The Impact of Trump’s Tariffs on the Rest of His Agenda
P.M. Edition for April 7. Amrith Ramkumar, who covers tech policy for the Journal, discusses how President Trump’s tariffs risk undercutting his goals of curbing inflation, supporting U.S. manufacturing and boosting a build-out of AI data centers. Plus, Trump threatens China with ... Show More
12m 36s
Apr 2025
U.S. Stocks Soar as President Trump Pauses Some Tariffs
P.M. Edition for April 9. U.S. stocks stage a furious rally after Trump announces a 90-day pause on reciprocal tariffs. WSJ investing columnist Spencer Jakab discusses the market reaction, and markets reporter Ryan Dezember breaks down what the tariff pause means in practice, as ... Show More
11m 47s
Feb 2025
Trump Presses Ahead With More Tariffs
A.M. Edition for Feb. 10. The U.S. is imposing 25% levies on steel and aluminum imports today, with further trade announcements expected in the coming days, but the market’s reaction is muted. Plus, France attempts to rival Stargate with plans to use nuclear energy to power a hug ... Show More
13m 57s
Nov 2024
U.S. Businesses Stockpile, Weigh Price Hikes Ahead of China Tariffs
A.M. Edition for Nov. 20. WSJ China economics reporter Hannah Miao explains the preemptive steps companies reliant on Chinese imports are taking as they brace for a possible trade war between Washington and Beijing. Plus, Donald Trump picks Linda McMahon to lead the Education Dep ... Show More
13m 44s
Jul 8
Relief or More Uncertainty? The World Reacts as Trump Extends Tariff Deadline
A.M. Edition for July 8. After President Trump announced a three-week extension for countries to strike trade deals or face new tariffs, WSJ senior reporter Jon Emont explains how America’s top trading partners in Asia and global businesses are reacting. Plus, Trump promises to r ... Show More
12m 13s
Apr 2025
Trump Considers Slashing China Tariffs
P.M. Edition for April 23. We exclusively report that President Trump is considering cutting steep tariffs on Chinese imports, a move that could de-escalate the trade war. WSJ chief China correspondent Lingling Wei tells us what that means for the broader relationship between the ... Show More
13m 30s
Jun 27
Markets Near Record Highs as U.S., China Sign Trade Deal
A.M. Edition for June 27. The White House says the U.S. and China have signed a trade deal struck last month, with China agreeing to speed up delivery of rare-earth minerals. WSJ reporter Kim Mackrael says a trade deal with the EU is also taking shape, and could see the bloc lowe ... Show More
12m 32s
Apr 2025
White House Says Trump Tariffs Tomorrow Will Take Effect ‘Immediately’
P.M. Edition for April 1. Trump met with advisers to iron out the final details of his reciprocal tariff plans, as Canada and the EU prepare their responses. Plus, anticipation of tariffs boosts U.S. car sales for March. But, as deputy bureau chief for autos Mike Colias tells us, ... Show More
13m 14s