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KQED's Forum

Trump’s Tariff Policy Raising Prices of Coffee, Clothing and More

KQED's Forum

KQED

Politics, News, News Commentary

4.6656 Ratings

🗓️ 14 August 2025

⏱️ 56 minutes

🧾️ Download transcript

Summary

For months, economists have predicted that Trump’s tariff policy would crash the economy. While that has not yet happened, leading economic indicators, like inflation and jobs numbers, do indicate that the economy is slowing despite a strong stock market. We’ll talk about how this latest round of tariffs is impacting consumers and businesses, and hear how your spending and savings habits have changed. Guests: Neale Mahoney, professor of economics, Stanford University; former special policy advisor for economic policy, White House National Economic Council Corazon Padilla, director of coffee quality and sourcing, Andytown Coffee Roasters Tracy Alloway, financial journalist and co-host of Bloomberg's "Odd Lots" podcast Bastian Schoell, owner, The Spanish Table Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Support for KQED Podcasts comes from Landmark College, commemorating 40 years of educating people who learn differently, with programs on campus and online for both students and professionals.

0:12.0

Learn more at landmark.edu.

0:14.8

Greetings boomtown.

0:16.2

The Xfinity Wi-Fi is booming.

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Xfinity combines the power of internet and mobile.

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So we've all got lightning fast speeds at home and on the go!

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Learn more at Xfinity.com.

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Xfinity, Internet required.

0:28.6

Actual speeds vary.

0:30.6

From Kikwiti in San Francisco, I'm Alexis Madrigal.

0:47.6

You've heard a lot about terrorists over these first six months of the Trump presidency.

0:52.7

They've been up, they've come down, they're off, they're on.

0:56.3

But slowly things are settling out and the tariffs are very substantial for goods American

1:02.2

companies bring in for many countries. We zoom in today on the coming consumer impact of the

1:08.2

tariffs, talking with experts and small business owners about what they're

1:12.4

seeing, working its way down the supply chain to the rest of us. It's all coming up next,

1:18.1

right after this morning. And here's the thing. From the moment President Trump announced massive tariffs back on so-called Liberation Day,

1:47.4

the vast majority of economists predicted they would be bad for U.S. consumers, businesses,

1:52.3

and the economy as a whole, as economists have said about tariffs for decades.

1:57.8

It's been months now, and while recent economic reports have not been great,

2:02.3

the bottom hasn't fallen out of the U.S. economy either. We dig in today on what businesses

...

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