Is the tide turning against Trump’s tariffs?

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 7 April 2025

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Global markets are reeling after President Trump’s latest tariff announcement last week, prompting business executives like JP Morgan CEO Jamie Dimon to speak out against Trump’s trade agenda. This comes just a few months after Dimon previously said to “get over” Trump’s tariff threats. Kai has thoughts. Plus, we’ll get into how long it could take for global trade to rebalance and what some conservative think tanks are saying about all the tariff upheaval.

Here’s everything we talked about today:

“JPMorgan CEO Jamie Dimon Warns Tariffs Will Raise Prices, Slow Growth” from The Wall Street Journal

“Jamie Dimon says Trump's tariff policy is positive for national security so people should 'get over it'“ from CNBC

“New tariffs could spell major trouble for global economy” from the Competitive Enterprise Institute

“Trump’s Tariffs Are an Economic Emergency for Americans” from the American Enterprise Institute

“Brace for Impact, America. Trump’s Tariffs Will Soon Hit Your Bank Accounts” from the Cato Institute

Got a question or comment for the hosts? Email [email protected] or leave us a voicemail at 508-U-B-SMART.

Transcript

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0:00.0	Hi.
0:01.8	Hi.
0:02.9	Well, hello.
0:04.3	Oh, well, there's a fine.
0:05.5	How do you do, Jake Cherry?
0:06.5	Thank you very much.
0:07.1	I will take my time getting back into it after vacation.
0:10.0	Jeez, oh, geez.
0:11.6	Hey, everybody, I'm Kyle Rosedall.
0:13.0	Welcome back to Make Me Smart.
0:14.2	Where we make today make sense.
0:16.7	And I'm Kimberly Adams.
0:18.3	Thank you for joining us on this Monday, April 7th. Welcome back, Kai.
0:22.7	Thank you. I'm to tell you nothing at all happened while you were gone.
0:27.3	Well, you know, I'm always glad when things are calm while I'm away.
0:31.7	What have you people been doing? God, geez. Oh, my Lord.
0:38.1	I will tell you that despite my vow to stay off the news while I was away, I did not.
0:42.7	You were all over blue sky.
0:44.7	Well, I wasn't all over.
0:46.0	I was moderately over while hiding it from my wife.
0:49.3	But she was like, what are you doing on your phone, man?
0:50.8	And I'm like, nothing.
	...

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