Consider This from NPR Trump’s economy is marked by uncertainty. What could more tariffs mean for you?
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Oct 1, 2025 
Scott Horsley, NPR's Chief Economic Correspondent, dives into the complexities of tariffs under the Trump administration. He discusses targeted industries, the legal battles surrounding these tariffs, and their unpredictable impacts on businesses. From the struggles in manufacturing and agriculture to the resulting market fluctuations, the conversation reveals how these trade policies create economic uncertainty. Horsley also touches on the potential repercussions of a government shutdown on crucial economic data.
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Tariff Revenue Is Large But Uncertain
- The administration is collecting over $30 billion a month in new tariff revenue.
- The long-term effects of those tariffs on consumers and businesses remain unclear.
Tariff Targets Keep Expanding
- The president keeps announcing new tariff targets, including lumber and movies.
- Some threats never materialize, but many do, so the list of taxed imports keeps expanding.
Average Tariff Rate Has Jumped
- The Yale Budget Lab estimates the average tariff on imports near 18%.
- That marks the highest average tariff rate since the 1930s.