The Intelligence from The Economist Doomed traders: Trump’s tariff fallout
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Apr 7, 2025 
Rachna Shambhog, Business affairs editor at The Economist, and Tom Sass, Britain Public Policy Editor at The Economist, dive into the fallout from Trump's recent tariffs. They discuss the immediate chaos in stock markets and how businesses are reacting amid uncertainty. The conversation also touches on personalized diets and their controversial effectiveness in improving gut health. Plus, they explore the fascinating science behind seals and their unique ability to dive for long durations without breathing, revealing remarkable physiological adaptations.
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Tariff Fallout
- Trump's "Liberation Day" tariffs caused a $6 trillion stock market drop and global protests.
- Officials claim the global trade system is rigged against America.
Global Retaliation
- China retaliated with matching tariffs and export controls, impacting investors.
- Other countries like Canada plan retaliation, while some seek negotiation.
Negotiation Attempts
- Some countries, like Vietnam, offered to remove tariffs on American goods in exchange for negotiation.
- Others haven't retaliated, calculating economic impact and potential escalation.