US tariff posturing is dangerous game of chicken
Viewsroom
Reuters
4.4 • 58 Ratings
🗓️ 6 February 2025
⏱️ 27 minutes
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| 0:00.0 | The views expressed on this podcast are those of the participants, not of Rogers News. |
| 0:09.8 | Trump had said over the weekend he would impose a 25% tariff on goods from Mexico and Canada, |
| 0:16.0 | but agreed to a 30-day pause on Monday in return for border and crime concessions from both countries. |
| 0:25.6 | Mexican soldiers were mobilized to the U.S. border on Tuesday to crack down on fentanyl trafficking. |
| 0:31.6 | It's part of a deal between U.S. President Donald Trump and Mexico's leader, Claudia Scheimbaum, to pause his threat |
| 0:39.3 | of tariffs for a month. |
| 0:44.7 | Will he? Won't he? Will he? Kind of? Just two weeks into his second term, U.S. President |
| 0:49.9 | Donald Trump has whipsawed markets repeatedly, with hastily announced and then abandoned trade wars |
| 0:55.3 | on neighbors in North and South America. First came a weekend spat with Colombia that threatened to spiral |
| 1:00.6 | into immediate 25% tariffs possibly escalating to 50% over the treatment of deportees. Then, two days |
| 1:07.7 | after issuing executive orders to place similar tariffs on Canada and Mexico, |
| 1:11.6 | Trump paused new trade barriers for a month, following much fanfare over-b border commitments |
| 1:16.6 | that seem to retread past promises. |
| 1:18.6 | At the same time, though, a new 10% tariff on China is going into effect. |
| 1:23.6 | It's a chaotic flex of US leverage that reveals as much about how its trade partners would hit back as it does the potential damage that Trump threatens to inflict. |
| 1:33.2 | What it means for exposed industries, how it might catalyze a coordinated global response, and what exactly the White House might be after are the focus of this week's Viewer Room. |
| 1:44.9 | Welcome back to the Viewsroom, the weekly podcast that invites you, the listener, |
| 1:48.6 | into a lively debate with our fellow columnists about the biggest stories of the week. |
| 1:52.4 | I'm your host, Jonathan Guilford. |
| 1:54.1 | And I'm Amy Dunlund. |
| 2:19.4 | Thank you. After the podium posturing the executive memos and the hurried last-minute negotiations comes the swift blow of tariffs, or not? |
| 2:23.9 | Prenty of figures in the US administration from Trump down to Treasury Secretary Scott |
... |
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