Tariff Turmoil: Economic Implications

As President Trump has rolled out his economic agenda, the assumption has been that he would quickly scale back his most aggressive policies once they began to scare consumers and the financial markets. But that assumption turned out to be wrong.

Ben Casselman, who covers economics, and Maggie Haberman, who covers the White House, explain why Mr. Trump’s economic plan may be backfiring and why he doesn’t seem to mind.

Guest: 

• Ben Casselman, the chief economics correspondent for The New York Times.
• Maggie Haberman, a White House correspondent for The New York Times.

Background reading: 

• Mr. Trump has said a recession might be worth the cost. Economists disagree.
• Investors thought they had Mr. Trump figured out. They were wrong.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. 

Photo: Brandon Bell/Getty Images

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