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Today, Explained

Trump loves the inflation

Today, Explained

Vox

Politics, Daily News, News

4.310.3K Ratings

🗓️ 15 June 2026

⏱️ 29 minutes

🧾️ Download transcript

Summary

President Trump's messaging on the economy is increasingly bizarre. So is our perception of it. This episode was produced by Hady Mawajdeh and Dustin DeSoto, edited by Jolie Myers, fact-checked by Gabriel Dunatov, engineered by David Tatasciore and Patrick Boyd, and hosted by Noel King. A sticker depicting President Trump on a fuel pump at a Shell gas station. Photo by Alex Wroblewski/Bloomberg via Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

The U.S. and Iran say they've agreed on terms to end the war and reopen the Strait of Hormuz.

0:07.0

You already see oil prices from a high of $126 a barrel down to about $80 a barrel today.

0:14.0

That's a lot of progress.

0:16.0

The war, of course, drove up the price of gas and other essentials and has led to some ugly polling for President Trump.

0:22.2

61% of adults polled by NPR, PBS, and Marist disapprove of his handling of the economy.

0:28.7

His handling in a certain light makes sense. His priority was preventing Iran from getting

0:32.8

nukes, but Trump's messaging was unusual, unusual for a president. Last month, the reporter asked Trump,

0:38.9

to what extent was he thinking about Americans' finances when he negotiated with Iran?

0:42.8

I don't think about American financial situation.

0:47.0

I don't think about anybody.

0:48.2

I think about what's he doing coming up on today, Explain from Vox.

1:02.3

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1:06.3

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1:12.6

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1:20.6

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1:22.3

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1:35.8

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...

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