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What A Day

Trump's Tariff Deadline Is Two Days Away

What A Day

Crooked Media

News, Daily News

4.6 • 12K Ratings

🗓️ 30 July 2025

⏱️ 23 minutes

🧾️ Download transcript

Summary

Friday is President Donald Trump’s alleged tariff deadline, the day when dozens of countries either have to reach a new trade deal with the U.S. or face the possibility of sky-high duties on their imported goods. Even an island mostly inhabited by penguins won’t be spared from the president’s economic demands. And while Trump has announced deals with major trading partners like the European Union and Japan, there are still a ton of unanswered questions about what comes next — hell, even what’s happening now! To help us understand what’s going on, and what we can expect come August 1st, we spoke with Alex Jacquez, chief of policy and advocacy at the progressive think tank Groundwork Collaborative. He also served as an economic policy advisor for former President Joe Biden and Independent Vermont Sen. Bernie Sanders. And in headlines, British Prime Minister Keir Starmer said the United Kingdom would recognize a Palestinian state in September if Israel doesn’t reach a ceasefire agreement with Hamas, the head of the Environmental Protection Agency announced plans to gut the agency’s own ability to regulate greenhouse gases, and a group of states sued the Trump administration over it’s demands for state data on food stamp recipients.

Transcript

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0:00.0

It's Wednesday, July 30th. I'm Jane Koston and this is What a Day. The show that was filled with deep and abiding concern when it heard former Canadian Prime Minister Justin Trudeau was spotted having an intimate dinner with pop star Katie Perry. The messaging I'm choosing to take from this, Orlando Bloom a single and maybe ready to mingle.

0:21.6

Single women who watched Pirates of the Caribbean in 2003 multiple, multiple times.

0:26.9

Your time is now.

0:36.1

On today's show, the head of the Environmental Protection Agency rolls out a plan to take the E out of the EPA.

0:41.9

And British Prime Minister Kier Stamer says the UK will recognize a Palestinian state if Israel doesn't reach a ceasefire with Hamas.

0:49.8

But let's start with tariffs.

0:51.3

President Donald Trump has reached tariff deals with the European Union, Japan, and a host of other countries.

0:56.6

At least, we think he has.

0:59.0

As you can tell by the CNBC interview with Treasury Secretary Scott Bessent on Tuesday, it's sometimes a little unclear as to what deals actually exist.

1:07.9

The Vietnam deal that the president announced earlier in July, I don't think we've

1:12.4

seen confirmation, or at least I haven't, as I sit here now, from the Vietnamese government

1:15.9

of that deal. Did we get confirmation from the Vietnamese government? Do we have an agreement

1:21.3

with them on paper? I didn't work on that deal, but I assume that we do, because we've also done Indonesia and

1:31.6

Philippines, so I would imagine that. But you haven't seen that paperwork. But that's Ambassador Greer,

1:38.7

who is a seasoned veteran with an encyclopedic memory and knowledge of all this keeps all that.

1:45.1

So this is just all swirling around some guy's brain?

1:50.1

Hmm.

1:50.8

For all the countries that haven't reached a new trade deal with the administration, it's

1:55.6

theoretically make or break week.

1:57.7

Friday is Trump's purported deadline for tariff deals.

2:00.5

After that, countries like

2:01.5

India and Canada, and yes, an island predominantly inhabited by penguins, could face tariffs of up to

...

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