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The Lead with Jake Tapper

Major Companies’ Earnings Calls Reveal Impact Of Tariffs

The Lead with Jake Tapper

CNN

News

41.6K Ratings

🗓️ 8 August 2025

⏱️ 74 minutes

🧾️ Download transcript

Summary

President Trump has slapped higher tariffs on nearly every country in the world which means, according to experts, Americans will be paying the highest tax rate on foreign goods since 1933 in midst of the Great Depression. Plus, protests erupt over Israel today as Prime Minister Netanyahu says he is planning for a full military takeover of all of Gaza.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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0:07.7

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0:43.1

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0:51.5

It just got a lot more expensive for the rest of the world to do business with the United States.

0:57.0

The lead starts right now.

0:59.0

President Trump has slapped those higher tariffs on nearly every country in the world,

1:05.0

meaning, according to experts, Americans will soon be paying the highest tax rate on foreign goods since 1933 in the midst of

1:12.6

the Great Depression.

1:13.5

So what products will be impacted the most by these tariffs and when might you see prices

1:20.0

rise?

1:20.8

Plus, protests erupting across Israel today as Prime Minister Netanyahu confirms he is

1:26.4

planning for a full military

1:29.2

takeover of all of Gaza, even though his top military chief of staff says that could put the lives

1:35.8

of the remaining hostages at risk. And what President Trump just told CNN's Caitlin Collins

1:42.6

about a potential meeting with Russian leader Vladimir Putin.

1:45.2

A meeting, Russian officials say, could happen as soon as next week.

1:52.2

Welcome to the lead. I'm Jake Tapper.

...

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