The Trump Tariffs Poised to Remake Global Trade
4Description
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.
Guest: Ana Swanson, who covers trade and international economics for The New York Times.
Background reading:
- The tariffs are likely to ripple through the global economy, driving up prices for American consumers and manufacturers while inciting retaliation from other nations.
- Mr. Trump says global trade is unfair. Does he have a point?
- Read about how the tariff rates are calculated.
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Photo: Doug Mills/The New York Times
Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
United States
Who is this guest? She says a lot of times companieeeeeeees will have to pay the tariffs when they're importing something. Is she daft? The tariffs are not paid by the companies they are mainly paid by consumers after the importers pay the costs. Why can't you just say that? I stopped listening at this point.