That Wack-Ass Tariff Formula

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 5 April 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: Trump unveiled his extensive list of tariffs. Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the questionable math that went into calculating these hefty tariffs and the stock market’s extremely negative reaction to the announcement. Then, Trump has picked a fight with the country's biggest law firms, threatening the integrity of the US legal system. Slate’s Mark Joseph Stern joins to break down the situation. And finally, the US dollar is down after Trump’s tariff announcement which was a big surprise. (Listen to our episode with Paul Krugman to understand why.) The hosts examine the factors that led to its weakening. In the Slate Plus episode: Broadway plays have gone Hollywood. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to Slate Money, your guide to the Business and Finance News of the Week.
0:18.1	I'm Felix Salmon of Axios.
0:19.9	I'm here with Elizabeth Spires of New York Times.
0:23.5	Hello. And Emily Peck of Axios. Hi. And we are going to be talking about tariffs, of course.
0:31.0	We are going to talk about the bigger announcement and its effects. We are going to talk about
0:35.9	what it did to the dollar, which is kind of weird.
0:39.5	We have Mark Joseph Stern coming on to talk about what is going on in big law and the big
0:45.8	judicial crisis that is happening in the wake of various White House executive orders.
0:51.0	We have a slate plus segment on Broadway and ticket prices and actors in Hollywood.
0:57.7	It's a good week this week. So tune in. It's all coming up on Slate Money.
1:07.5	This Sunday, a Derby rivalry resumes in the Premier League.
1:16.0	As Manchester United host Manchester City at Old Trafford.
1:19.5	And you can stream every moment live on Sky Sports, available with no contract with now.
1:26.6	Take a battle show.
1:27.9	Stream Manchester United versus Manchester City this Sunday from 4pm.
1:32.6	Well, it's just wonderful.
1:33.9	Head to NowTV.com.
1:35.9	18 plus Sky Sports content streamed via internet.
1:39.5	Full terms apply.
1:41.6	Ready to launch your business?
1:43.5	Get started with the commerce platform made for entrepreneurs.
1:46.7	Shopify is specially designed to help you start, run and grow your business with easy
	...

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