The deal with Trump's deals

Today, Explained

Vox

Daily News, Politics, News

4.4 • 9.5K Ratings

🗓️ 5 August 2025

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Trump's been cutting trade deals left and right, saying they're the key to unlocking an era of economic prosperity. New data does not back him up. This episode was produced by Rebeca Ibarra, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Sean Rameswaram. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. Transcript at vox.com/today-explained-podcast. President Donald Trump shouting answers to questions from reporters from the roof of the White House. Photo by Win McNamee/Getty Images. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	It was just under a month ago in July 2025 that we here today explained brought you an episode titled I Was Told There Would Be Deals.
0:08.5	The gist of the thing was Trump promised trade deals, but we weren't really getting them.
0:13.2	You know how it goes taco, Trump always chickens out, etc.
0:17.4	And Trump is calling that a deal, but it's not really anything that looks like a free trade deal, as everyone else understands it.
0:24.6	But to be fair, since we made that show, the President of the United States has had a busy month out on the road.
0:30.6	I never had the privilege of going to his island.
0:32.6	Okay, so he never made it to the island, but he did spend some time in Europe and he walked away with the deal. He's actually got deals with some of our most important trade partners around the world. And that's why today's show is titled The Deal with Trump's Deals. We're going to take a look at what he's been up to. He's bringing in revenue, but long term, is it going to be good for the United States? Be careful if you suggest it won't be, though, because that might get you
0:54.6	fired. She's just a girl and she's fired.
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