Intro

In this episode of “The Opinions,” the deputy Opinion editor Patrick Healy and contributing Opinion writer, investor and economic analyst Steven Rattner break down how Trump’s “reciprocal tariffs” are already shaking the global economy — and it hasn’t even been 24 hours.

Thoughts? Email us at theopinions@nytimes.com.

This episode of “The Opinions” was produced by Derek Arthur. It was edited by Alison Bruzek and Kaari Pitkin. The rest of the show's production team includes Vishakha Darbha and Jillian Weinberger. Mixing by Carole Sabouraud. Original music by Isaac Jones, Aman Sahota and Carole Sabouraud. Fact-checking by Mary Marge Locker, Michelle Harris and Kate Sinclair. Audience strategy by Shannon Busta and Kristina Samulewski. The director of Opinion Audio is Annie-Rose Strasser.