Trump's sweeping tariffs undermine decades-old global trade system

The World

PRX

News, Lethaldissent

4.6 • 884 Ratings

🗓️ 3 April 2025

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sweeping new tariffs on imports to the US amount to a tectonic shift in trade policy, one that critics say undermines norms around globalization that delivered prosperity to the US and its trading partners. Also, Hungary has begun proceedings to leave the International Criminal Court. And, a huge chunk of ice broke off of Antarctica, revealing a thriving ecosystem in the waters underneath.

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Transcript

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0:00.0	News When You Wanted. Get the latest headlines with the Bloomberg News Now podcast.
0:05.6	The latest developments in the war in the Middle East. Inflation relief for consumers.
0:09.7	The top headlines from Bloomberg News updated continuously throughout the day.
0:14.0	All in less than five minutes. The House and Senate passing that spending bill.
0:17.6	Tesla's support among Wall Street polls is weakening.
0:20.5	Get the latest news when you want it.
0:22.4	At the click of a button.
0:23.6	Now to the latest on the race for president.
0:26.2	Listen on Bloomberg.com.
0:27.8	The Bloomberg business app.
0:29.1	And anywhere you get your podcasts, Bloomberg News Now,
0:32.4	context changes everything.
0:42.9	The whole world is talking about the new tariffs from the White House.
0:44.9	This is not the act of a friend.
0:46.3	I'm Marco Wurman.
0:47.4	And I'm Carolyn Beeler.
0:52.0	Today, why some believe that global trade, as we've known it, is over. It was the United States driving globalization and supporting
0:56.1	U.S.-led multilateral institutions. This feels to me like the end of the liberal international
1:02.2	economic order that I've lived through my whole life. We also go to Ukraine today and meet
1:07.0	chaplains who work on the front line. Here, human being, we cannot be strong every time.
1:12.4	And to Khartoum to hear what's left of the city after two years under siege.
1:18.0	Plus, scientists find life thriving beneath the ice, even in places with no sunlight.
	...

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