The Intelligence from The Economist
Doomed traders: Trump’s tariff fallout
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.
21:20
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The recent tariff announcement has led to a 10% stock market decline, reflecting investor fears of global economic instability.
- Businesses are struggling with production adjustments amid tariff uncertainty, highlighting the complexities of global supply chains and protectionist policies.
Deep dives
The Impact of Trump's Tariffs
The recent announcement of tariffs by the Trump administration has led to significant market volatility and international backlash. Stock markets have declined by approximately 10%, losing around $6 trillion in value, as investors come to terms with the potential long-term effects of these measures. Countries such as China and Canada have already indicated their intention to retaliate against American goods, with specific measures including increased tariffs and export controls. This reordering of global trade dynamics raises concerns about a possible global recession, as market reactions signal apprehension about economic stability moving forward.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
