Trump's "liberation day" tariffs.
Tangle
Isaac Saul
4.8 • 672 Ratings
🗓️ 3 April 2025
⏱️ 35 minutes
🧾️ Download transcript
Summary
On Wednesday, President Donald Trump announced a 10% across-the-board tariff on all U.S. trading partners, as well as heightened rates on specific countries. The 10% baseline tariff is set to go into effect on April 5, while the individualized duties will begin on April 9. Additionally, a 25% levy on foreign-made automobileswent into effect at midnight on Thursday. In concert with the announcement, President Trump issued an executive order declaring a national emergency due to trading practices that posed “an unusual and extraordinary threat to the national security and economy of the United States.”
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Transcript
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| 1:04.7 | From executive producer Isaac Saul, |
| 1:08.8 | this is Tangle. |
| 1:10.8 | Good morning, good afternoon and good evening and welcome to the Tangle podcast, |
| 1:24.9 | a place we get views from across the political spectrum, some independent thinking, and a little bit of my take. I'm your host, Isaac Saul, and on today's |
| 1:31.9 | episode, we're going to be talking about Trump's tariffs. That's right, Liberation Day is upon us. |
| 1:38.9 | It came yesterday on Wednesday, April 2nd. Today is Thursday, April 3rd, and we are going to jump into exactly |
| 1:46.0 | what just happened, what it means. I think maybe the biggest story so far of the Trump administration |
| 1:52.3 | in terms of the breadth of the impact and the potential that is to change life for Americans. |
| 2:00.0 | I mean, this is really important stuff. |
| 2:01.8 | So we're going to talk about exactly what happened. |
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