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What to Expect From Trump’s New Trade Drama

The Daily

2025/07/10
The Daily

The Daily

2025/07/10

Shownote

After months of delaying his most extreme tariffs, President Trump is now threatening to revive the most aggressive version of his global trade war. America’s trading partners, investors and consumers are bracing for impact. The Times journalists Natalie.....

Highlights

As the global trade landscape faces renewed turbulence, former President Trump’s aggressive tariff strategy has resurfaced, reigniting concerns among international allies and economic analysts. This podcast episode brings together top New York Times journalists to dissect the implications of this revived trade war, its potential consequences for the U.S. and its trading partners, and what it reveals about Trump’s broader economic vision.
00:00
U.S. average effective tariff rate is at its highest since 1934
09:40
Companies may be absorbing tariff costs due to inventory, uncertainty, and fear of Trump's reaction
28:08
Trump threatened double-digit tariffs on 22 countries, prompting retaliation pledges from leaders like Brazil's president.

Chapters

How Trump's Tariff Strategy Is Reigniting Global Trade Tensions
00:00
Do Tariffs Actually Boost the U.S. Economy—or Just Shift the Burden?
09:40
Can Trump Reshape Global Trade, or Is He Hitting Economic Walls?
21:27

Transcript

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