<description>&lt;p&gt;Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations. China now faces a tariff well above 50% on many goods.&lt;/p&gt; &lt;p&gt;On today&amp;rsquo;s Big Take, Bloomberg reporter Josh Wingrove joins host David Gura to discuss Trump&amp;rsquo;s &amp;ldquo;huge&amp;rdquo; announcement, and how it will reshape global trade.&lt;/p&gt; &lt;p&gt;Read more:&amp;nbsp;&lt;a href="https://www.bloomberg.com/news/articles/2025-04-02/trump-says-he-s-signing-executive-order-on-reciprocal-tariffs?srnd=homepage-americas"&gt;Trump Tariffs Everyone, With Rate on China Set to Soar Above 50%&lt;/a&gt;&lt;br&gt;Further listening: &lt;a href="https://podcasts.apple.com/us/podcast/the-world-is-paying-for-trumps-china-tariffs/id1746141911?i=1000700814222"&gt;The World Is Paying for Trump&amp;rsquo;s China Tariffs&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Big Take DC

Bloomberg and iHeartPodcasts

Trump Announces Sweeping New Tariffs. What’s Next

APR 3, 202521 MIN
Big Take DC

Trump Announces Sweeping New Tariffs. What’s Next

APR 3, 202521 MIN

Description

Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations. China now faces a tariff well above 50% on many goods.

On today’s Big Take, Bloomberg reporter Josh Wingrove joins host David Gura to discuss Trump’s “huge” announcement, and how it will reshape global trade.

Read more: Trump Tariffs Everyone, With Rate on China Set to Soar Above 50%
Further listening: The World Is Paying for Trump’s China Tariffs

 

See omnystudio.com/listener for privacy information.