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It's the Brian Lear's show on WNYC. I'm producer Amina Cerna filling in for Brian today. Welcome back, everyone.

As we've seen in the early days of Donald Trump's presidency, tariffs have become part of his economic plan for the United States.

Trump believes tariffs will make America richer by creating

jobs, but it's also his main negotiating tactic in terms of foreign policy. While Trump has temporarily

suspended the tariffs on Canada and Mexico for those countries to negotiate on trade with the U.S.

on border security, new 10% tariffs on Chinese imports began last Tuesday.

In addition to those tariffs on Sunday, Trump announced 25% tariffs on all steel and aluminum imports into the U.S.

Those tariffs are set to take effect on March 4th.

He also announced forthcoming reciprocal tariffs

to match other countries' rates.

Those would take effect immediately.

But given Trump's reverence for tariffs,

it's likely that the issue will come up again

and maybe again during the next four years.

Joining us now to explain all of Trump's tariffs,

how they might impact American consumers,

and maybe even the global economy,

is Monica Gorman, managing director

at Crowell Global Advisors, who

served as special assistant to the president

for manufacturing and industrial policy

...