Tariffs on Canada, Mexico, and China.
Tangle
Isaac Saul
4.7 • 821 Ratings
🗓️ 3 February 2025
⏱️ 36 minutes
🧾️ Download transcript
Summary
On Saturday, the White House announced that the United States will be imposing a 10% tariff on all imports from China and 25% tariff on imports from Mexico and Canada, with energy imports from Canada taxed at 10%. President Donald Trump used emergency powers under the International Emergency Economic Powers Act of 1977 (IEEPA) to authorize the taxes, citing the “extraordinary threat posed by illegal aliens and drugs” and saying they would remain in place until the crisis is alleviated. The tariffs were scheduled to effect at 12:01am ET on Tuesday; however, on Monday, President Trump said he would pause the tariffs on Mexico for one month after Mexican President Claudia Sheinbaum said she would send 10,000 soldiers to the U.S.-Mexico border to target drug trafficking.
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Transcript
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| 1:01.8 | From executive producer Isaac Saul, |
| 1:08.8 | this is Tangle. |
| 1:19.6 | Good morning, good afternoon and good evening and welcome to the Tangle podcast, a place where you get views from across the political spectrum, |
| 1:29.4 | some independent thinking, and a little bit of our take. I am your host today, editor Will Kayback, |
| 1:35.6 | and today we're going to be talking about the big story in the U.S., really the world from this past weekend, |
| 1:42.2 | which is President Donald Trump's decision to levy tariffs on |
| 1:45.4 | Canada, Mexico, and China. We're going to talk about some of the history behind these tariffs, |
| 1:51.0 | what Trump's aims might be, what some of the best case scenarios might be, some of the worst |
| 1:55.7 | case scenarios, and broadly where we go from here, looping in some late breaking news this morning that Mexico has |
| 2:02.3 | agreed to send 10,000 soldiers to the U.S.-Mexico border to address drug trafficking in return for |
| 2:08.7 | Trump delaying the tariffs by one month. That changes a lot of the dynamics of the story and |
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