The Fallout of Trump’s Expansive Tariffs

KQED's Forum

KQED

Politics, News, News Commentary

4.6 • 656 Ratings

🗓️ 7 April 2025

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

The global economy and U.S. markets have been reeling since President Trump announced a sweeping package of tariffs on Wednesday. China retaliated late Friday with a matching tariff, further nosediving the stock market and escalating the trade war. Economists predict the expansive tariffs will raise prices and impact jobs, and potentially lead to a recession and upend the global economy. We’ll talk to experts about why markets are reacting the way they are, and what it might mean for the future of the global economy. Guests: Stephanie Flanders, senior executive editor, Bloomberg; head of Bloomberg Economics Lori Wallach, director, Rethink Trade program at American Economic Liberties Project; senior advisor; Citizens Trade Campaign Kyle Handley, associate professor of economics, School of Global Policy and Strategy, UC San Diego; director, Center for Commerce and Diplomacy Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	Support for Forum comes from Rancho LaPuerta, a health resort with 85 years of wellness experience,
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0:19.6	A six-acre organic garden provides fresh fruits and
0:22.7	vegetables daily. Learn more at Ranchoer Tuerta.com. Support for forum comes from Broadway
0:28.3	S.F, presenting Parade, the musical revival based on a true story. From three-time Tony-winning
0:35.1	composer Jason Robert Brown comes the story of Leo and Lucille Frank,
0:40.3	a newlywed Jewish couple struggling to make a life in Georgia. When Leo is accused of an
0:46.0	unspeakable crime, it propels them into an unimaginable test of faith, humanity, justice, and devotion.
1:01.8	The riveting and gloriously hopeful parade plays the Orpheum Theater for three weeks only, May 20th through June 8th.
1:06.1	Tickets on sale now at Broadway, sF.com.
1:08.7	From KQED.
1:24.2	From KQED in San Francisco, I'm Alexis Madrigal.
1:28.9	The global economy is convulsing with the announcement of President Trump's tariffs. Nearly $10 trillion has been knocked off the value of stocks since inauguration day, a big
1:35.0	chunk of it in the last week. So today's show is a sophisticated version of the question that I think
1:42.1	we're all asking. What the hell is going on?
1:45.4	What are the short-run questions?
1:47.5	What are the long-run effects?
1:49.5	We've got different economics thinkers
1:51.7	who are going to give us their best shot at some explanations.
1:55.3	That's all coming up next, right after this news.
2:11.6	Welcome to Forum. I'm Alexis Madrigal.
	...

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