Trump’s Tariffs: The Reveal
Newscast
BBC
4.3 • 6.6K Ratings
🗓️ 2 April 2025
⏱️ 28 minutes
🧾️ Download transcript
Summary
Today, we look at the tariffs Donald Trump has announced for the whole world on what he calls "liberation day".
A universal 10% tariffs on all imports into the US will go into effect on 5 April, as the presidents explained with the help of a big card listing how each country will be effected.
Some countries and the EU are being charged more than the 10% base tariff.
Economics editor Faisal Islam joins Adam and Chris to go through the potential consequences.
You can now listen to Newscast on a smart speaker. If you want to listen, just say "Ask BBC Sounds to play Newscast”. It works on most smart speakers. You can join our Newscast online community here: https://discord.gg/m3YPUGv9
New episodes released every day. If you're in the UK, for more News and Current Affairs podcasts from the BBC, listen on BBC Sounds: https://bit.ly/3ENLcS1 Newscast brings you daily analysis of the latest political news stories from the BBC. It was presented by Adam Fleming. It was made by Chris Flynn with Shiler Mahmoudi. The technical producer was Riccardo McCarthy. The assistant editor is Chris Gray. The editor is Sam Bonham.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | BBC Sounds, Music, Radio, podcasts. |
| 0:04.9 | Hello, slightly later newscast than normal. |
| 0:07.1 | I'm sitting in Broadcasting House in the newscast studio on Wednesday evening, the second of |
| 0:11.2 | April, and it's 1037. |
| 0:12.6 | And Faisal's here after a very lively 10 o'clock news and a very lively 9 o'clock to 10 o'clock. |
| 0:17.2 | It was indeed. |
| 0:18.8 | It was indeed extremely lively. And we're still filtering through some of the |
| 0:23.8 | detail of what is an extraordinary change proposed by the Americans unilaterally to the entire world |
| 0:31.0 | economy. And we will dive into the details in the body of the episode. But just before we start, |
| 0:36.6 | just the theatrics of what we saw. So Trump was at a very big event in the body of the episode. But just before we start, just the theatrics of what we saw. |
| 0:38.6 | So Trump was at a very big event in the garden of the White House. There was senators there. The |
| 0:43.7 | whole cabinet was there. Lots of people who work in the American car industry was there, |
| 0:47.7 | as we'll become clear why. And he did a big, quite classic Trump speech weaving in all sorts |
| 0:53.1 | of different directions about trade. |
| 0:54.4 | And then he got to the meat and drink of it, which was a huge increase in the tariffs that the import taxes, that America will charge its trading partners, which he illustrated with this big cardboard chart. |
| 1:07.4 | China, first row, China, 67%. That's tariffs charged to the USA, including currency manipulation |
| 1:16.6 | and trade barriers. So 67%, I think you can, for the most part, see it, those with good |
| 1:22.7 | eyes, with bad eyes. We didn't want to bring, it's very windy out here. We didn't want to bring |
| 1:26.8 | out the big charts because it had no chance of standing. |
| 1:29.3 | Fortunately, we came armed with a little smaller chart. |
| 1:33.3 | So it's 67 percent, so we're going to be charging. |
| 1:37.3 | A discounted reciprocal tariff of 34 percent. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.