Americanswers... on 5 Live! What is the impact of Trump's tariffs?

Americast

BBC

Politics, Government, News

4.2 • 2.8K Ratings

🗓️ 3 February 2025

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After announcing he would place tariffs on Canada and Mexico during his campaign, the president nearly followed through. After sending the world economy into a frenzy, Trump then postponed the trade war with his North American neighbours on hold after securing concessions from both of them over border security.

But he still has China and the EU in his sights. Is the UK next on the list for the trade war? And how do tariffs work anyway?

Sarah and Justin join Matt Chorley to try and make sense of it all. They also discuss whether Trump’s staff might withhold information from him after his reaction to last week’s aviation collision, and if he might “pull a Liz Truss?”

HOSTS: • Sarah Smith, North America Editor • Justin Webb, Radio 4 presenter

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This episode was made by Rufus Gray, and Catherine Fusillo. The series producer is Purvee Pattni. The senior news editor is Sam Bonham.

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Transcript

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0:00.0	BBC Sounds, Music, Radio, Podcasts.
0:04.8	Hello, it's Justin here.
0:06.2	It's 10 o'clock in the evening on Monday evening, 10 o'clock London time.
0:11.1	We have recorded today an episode of American Answers.
0:14.4	We did it with Matt Chorley.
0:15.6	Sarah and I did it with him.
0:16.9	And we concentrated mainly on Tarris, which was the right thing to do.
0:20.6	But of course,
0:21.5	the news breaks. It keeps breaking. It happened during our recording, a little bit about
0:27.1	Mexico, which Sarah brought to us. But it's happened big time this evening British time
0:33.1	with a phone call between Justin Trudeau, the Prime Minister of Canada and Donald Trump,
0:38.8	in which there has been very, very big news. Basically, Canada is saying now that they're going
0:44.8	to do all sorts of extra things to stop fentanyl, this terrible drug from being smuggled across
0:50.9	the border into the United States. There's going to be a joint task force,
0:54.6	all sorts of other very big sounding things, which possibly add up to something, possibly don't add
1:00.6	up to that much. But anyway, the bottom line is, at the moment, the tariffs against Mexico are put
1:07.1	on hold and the tariffs against Canada put on hold as well. And there's a phone call with
1:11.5	Xi Jinping, the Chinese leader tomorrow, so we'll see what comes of that. It is all a very huge deal
1:18.1	created by Donald Trump, his supporters saying tonight that it shows he can win, his opponent
1:25.1	saying it's all smoke and mirrors. Welcome to AmeriCast.
1:30.9	AmeriCast from BBC News. God spared my life for a reason. Only when it is dark enough, can you see
1:40.8	the stars. A star is born, Elon. I'm not just Maga.
	...

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