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Today, Explained

An America First trap

Today, Explained

Vox

Daily News, Politics, News

4.49.5K Ratings

🗓️ 17 March 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

This isn’t the first time we’ve tried to go America First. The last time helped blow up the economy and our relationships with our allies. This episode was produced by Amanda Lewellyn, edited by Jolie Myers, fact-checked by Laura Bullard and Travis Larchuk, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Noel King. Transcript at vox.com/today-explained-podcast Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members Canadian and American flags flying on the Canadian side of the Ambassador Bridge in Windsor, Ontario. Photo by GEOFF ROBINS/AFP via Getty Images. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

In the two months since President Trump's inauguration, the U.S. has levied tariffs on goods from China, Mexico, and Canada.

0:07.0

Many more tariffs, in fact, than in Trump's first term.

0:11.2

And more and bigger tariffs are coming on April 2nd.

0:15.0

Reporters asked Trump about them yesterday aboard Air Force One.

0:18.2

April 2nd is a liberating day for our country.

0:21.6

We're going to be getting back some of the wealth that very, very foolish presidents gave away,

0:26.6

because they had no clue what they were doing.

0:29.6

In his first term, Trump famously tweeted,

0:31.6

trade wars are good and easy to win.

0:33.6

The problem now is consumer confidence is weakening.

0:36.6

Retail sales are slowing. Layoffs are up.

0:39.5

The markets are selling off in technicolor. Everyone's talking about a recession. And the president

0:44.1

won't rule one out. It takes a little time. It takes a little time.

0:50.3

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1:02.0

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1:06.3

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1:09.9

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1:11.4

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1:19.2

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1:25.4

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1:29.5

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1:34.8

giving you unprecedented access to the messy, exhilarating journey of turning science fiction into reality.

...

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