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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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.
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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
NPR Privacy Policy
Reset with Sasha-Ann Simons - Michael Shannon On His Directorial Debut, ‘Eric Larue’
Michael Shannon is an Oscar-nominated actor, known for his movies like “The Shape of Water” and “Revolutionary Road,” and the TV show “Boardwalk Empire.” Now, he’s enjoying the view behind the camera as he makes his directorial debut in the new film “Eric Larue.” It tells the story of Janice, the mother of a teenage boy who shot and killed three of his classmates and how she tries to cope with the fallout, guilt and hostility.
Reset sits down with Michael Shannon and screenwriter Brett Neveu.
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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State of the World from NPR - Israel’s Attacks on Syria
Since the rule of Syrian dictator Bashar al-Assad ended, Israel has attacked Syria hundreds of times. Israel says they don't trust the new government in Syria and so they are hitting areas in Syria adjacent to Israel in an effort disarm southern Syria. Our correspondent takes us to one of the Syrian villages on the border that was attacked.
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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.
Stuff They Don't Want You To Know - The Prior Authorizations Conspiracy: EviCore
It's a story sadly all-too familiar with so many people in the United States: you're on the cusp of receiving medication, surgery or treatment that could save your life -- only for your insurance company to deny the treatment you've paid for. Through the practice of "prior authorization," private insurance companies bypass doctors to decide whether or not a patient is allowed to receive medical treatment. In tonight's episode, Ben, Matt and Noel explore the controversy surrounding the nation's largest manufacturer of "prior approvals" -- and learn the nuts and bolts of a conspiracy built on endangering innocent people in pursuit of profit.
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President Trump has a new vision for the Environmental Protection Agency that significantly rolls back environmental regulations. Kate Linebaugh speaks to the man overseeing that vision— Administrator Lee Zeldin, about his plans and new approach to environmental governance.
Further Listening:
- Hot, Dry and Booming: A Texas Climate Case Study
- Why Microsoft Wants Three Mile Island's Nuclear Power
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Motley Fool Money - A Pause for Most Tariffs
President Trump announced a 90-day pause on retaliatory tariffs and a lower 10% reciprocal tariff for most countries. Meanwhile, the trade dispute with China is heating up.
(00:21) Jason Moser and Ricky Mulvey discuss:
- The market’s extreme reactions to tariff news.
- China’s “nuclear option” for the U.S. economy.
- The key themes coming up this earnings season.
- Looking for opportunities in an uncertain environment.
Host: Ricky Mulvey
Guest: Jason Moser
Engineer: Dan Boyd
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