After a week of market turmoil, President Trump announced he would reset his most extreme tariffs to 10 percent across the board, with the exception of China — which he boosted to a 125% tariff rate. Even at the reduced level, the tariff rates are the highest the nation has seen in many decades.
And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
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Consider This from NPR - Tariffs will boost prices a lot — here’s how much
After a week of market turmoil, President Trump announced he would reset his most extreme tariffs to 10 percent across the board, with the exception of China — which he boosted to a 125% tariff rate. Even at the reduced level, the tariff rates are the highest the nation has seen in many decades.
And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
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And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
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Consider This from NPR - Tariffs will boost prices a lot — here’s how much
After a week of market turmoil, President Trump announced he would reset his most extreme tariffs to 10 percent across the board, with the exception of China — which he boosted to a 125% tariff rate. Even at the reduced level, the tariff rates are the highest the nation has seen in many decades.
And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
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And higher tariffs translate to higher prices for American consumers. Martha Gimbel of the Budget Lab at Yale takes an imaginary walk through a big box store to look at how much more people might pay for t-shirts, rice, medication and other staples.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
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1A - How Did This Get Here: Your Car
The auto industry is already reeling from President Donald Trump's new tariffs. They've only been in effect for about six days, but the response was immediate.
On the same day those tariffs went live, Stellantis temporarily paused production at plants in Canada and Mexico. The company also temporarily laid off 900 U.S. workers. And Volkswagen said it's planning to add an import fee to its sticker price.
According to financial analytics firm S&P Global, about half of car sales could be affected by these tariffs. Trump says auto tariffs will bring manufacturing and jobs back to the U.S.
We discuss how these new trade rules actually affect American production and your pocketbook, as part of our "How Did This Get Here?" series.
Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
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On the same day those tariffs went live, Stellantis temporarily paused production at plants in Canada and Mexico. The company also temporarily laid off 900 U.S. workers. And Volkswagen said it's planning to add an import fee to its sticker price.
According to financial analytics firm S&P Global, about half of car sales could be affected by these tariffs. Trump says auto tariffs will bring manufacturing and jobs back to the U.S.
We discuss how these new trade rules actually affect American production and your pocketbook, as part of our "How Did This Get Here?" series.
Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
Learn more about sponsor message choices: podcastchoices.com/adchoices
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Cato Daily Podcast - Governments That Pursue Tariffs Are Terrible Role Models
The tariff policies dubiously adopted by President Trump have echoes of previous authoritarian governments. Ian Vasquez explains.
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The Daily Signal - VICTOR DAVIS HANSON: Don’t Be A ‘PANICAN’ Over Trump’s Tariffs, Wall Street
President Trump remains resolute in his tariff strategy, imposing a 125% tariff on China today and posting “Don't be a PANICAN (A new party based on Weak and Stupid people!)” on his Truth Social account.
So, is the recent Wall Street drop rooted in facts—or fueled by fear and manipulation? Victor Davis Hanson breaks down the numbers, the history, and the media narrative behind the current economic anxiety on today’s episode of “Victor Davis Hanson: In His Own Words.”
“ First term, Donald Trump, was he an enemy of Wall Street? Is there a better alternative? Did he crash the market? No. The market grew 65% under Donald Trump.
“ If it’s not based on data points and it’s not based on what you could infer from his first term and it’s not based on his agenda in other areas or the world scene, what is it based on it? It’s based on panic. It really is.
“Part of it is fed by left-wing street theater, media hysterics, which they feel will help their counterparts, their soul mates in Europe, so they can put pressure on Donald Trump.”
Don’t miss out on Victor’s latest videos by subscribing to The Daily Signal today. You’ll be notified every time a new piece of content drops: https://www.youtube.com/dailysignal?sub_confirmation=1
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Federalist Radio Hour - ‘You’re Wrong’ With Mollie Hemingway And David Harsanyi, Ep. 144: Tariffs
Join Washington Examiner Senior Writer David Harsanyi and Federalist Editor-In-Chief Mollie Hemingway as they discuss the ins and outs of the Trump administration's tariffs, examine why Americans' trust in corporate media has plummeted, and analyze Supreme Court Justice Amy Coney Barrett's judicial strategy. Mollie and David also share their TV, movie, and music picks for the week.
If you care about combating the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.
If you care about combating the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.
The Bulwark Podcast - S2 Ep1017: Catherine Rampell: Trump’s Tariffmageddon
The White House is pumping out a lot of happy talk about countries wanting to make deals over the tariffs, but the tumult Trump has created has spread to the bond market. And that may be a sign that he has people so spooked about the U.S. economy that our Treasuries are no longer seen as a safe bet. Meanwhile, China has a lot of leverage here and may be using it.
Plus, the Democrats' candidate recruiter for the midterms, Colorado's Jason Crow, discusses how to win back working class voters.
Catherine Rampell and Rep. Jason Crow join Tim Miller.
show notes
Plus, the Democrats' candidate recruiter for the midterms, Colorado's Jason Crow, discusses how to win back working class voters.
Catherine Rampell and Rep. Jason Crow join Tim Miller.
show notes
Audio Poem of the Day - Advice to a Prophet
By Richard Wilbur
More or Less: Behind the Stats - The mistake in Trump?s tariff formula
What is the error in the calculation Donald Trump used to work out his new tariffs?
What happened when the government ordered a recount of bobbies on the beat?
When is a tax freeze not a tax freeze?
And do redheads really have a 25% higher tolerance to pain?
Tim Harford investigates some of the numbers in the news.
This episode was originally broadcast on the 9th April.
Presenter: Tim Harford Reporter: Charlotte McDonald Producers: Nathan Gower and Lizzy McNeill Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: James Beard Editor: Richard Vadon