Trump's Plan for 10% Tariffs on Everything

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.2 • 2.8K Ratings

🗓️ 25 August 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Trump says he wants universal tariffs on imports to the U.S., an enormous new tax on American consumers that also would provoke retaliation, which is one reason his last trade war failed. Plus, Joe Biden holds a summit at Camp David with the leaders of Japan and South Korea, a good step in countering China. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We are drowning in plastic.
0:03.8	But what if instead of throwing it away,
0:05.8	we could make old plastics into something useful?
0:08.6	How, you ask?
0:10.0	Check out the future of everything podcast
0:11.8	from the Wall Street Journal.
0:18.5	From the opinion pages of the Wall Street Journal,
0:21.3	this is Potomac Watch.
0:25.0	What's the significance of President Joe Biden's recent summit
0:28.6	with the leaders of Japan and South Korea?
0:31.4	Plus, President Trump floats a universal 10% tariff
0:34.9	on every imported product to the United States.
0:37.9	Welcome, I'm Kyle Peterson with the Wall Street Journal.
0:40.7	We are joined today by my colleagues,
0:42.9	columnists Bill McGurne and Kim Strassel,
0:45.4	welcome and happy Friday to you both.
0:47.4	Let's start by catching up on some news
0:49.4	that pass by amid the focus this week
0:51.5	on the 24 Republican presidential debate in Milwaukee.
0:54.9	That's a week ago, the Japanese Prime Minister
0:57.3	and South Korean President were at a summit together
1:00.1	at Camp David with President Biden.
	...

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