Liberation Day: Economic Shifts and Consumer Impact

In the first episode of Bloomberg Businessweek’s new podcast Everybody’s Business, Max Chafkin and Stacey Vanek Smith try to make sense of “Liberation Day”—Donald Trump’s recent introduction of steep tariffs on imports from seemingly every corner of the globe. Will these taxes "fix" the economy like a hammer helps a headache? Or are they a tool to change an unsustainable system of global trade?

Then Businessweek editor Brad Stone joins to discuss reported recent attempts of Amazon’s Jeff Bezos and Oracle’s Larry Ellison to acquire TikTok. After a dramatic near-decade of politicians trying to cancel the app in the US, will an unlikely cabal of investors manage to save America’s new favorite pastime?

Also, Max shares what story he thinks deserved more attentions this week. It’s all about bats.

Everybody’s Business is a Businessweek production. It will live in the Elon, Inc. feed for a few weeks until it gets its own home starting May 16th.

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