Import-extort: what to make of Donald Trump’s titanic tariffs
APR 3, 202546 MIN
Import-extort: what to make of Donald Trump’s titanic tariffs
APR 3, 202546 MIN
Description
<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-americas-trade-policies-back-to-the-19th-century?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=moneytalks&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">trade restrictions</a>, if implemented in full, will <a href="https://www.economist.com/leaders/2025/04/03/president-trumps-mindless-tariffs-will-cause-economic-havoc?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=moneytalks&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">raise tariffs</a> to the highest level in more than a century. So how bad could it get?</p><br><p>Hosts: Mike Bird and Ethan Wu. Guests: <em>The Economist</em>’s Simon Rabinovitch; and Douglas Irwin, a professor of economics at Dartmouth College.</p><br><p><em>Transcripts of our podcasts are available via </em><a href="http://economist.com/podcasts" rel="noopener noreferrer" target="_blank"><em>economist.com/podcasts</em></a><em>.</em></p><br><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>subscribe to Economist Podcasts+</em></a><em>.</em></p><br><p><em>For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video </em></a><em>explaining how to link your account.</em></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>