The 7
Wednesday, April 9, 2025
Apr 9, 2025
This week dives into President Trump's new tariffs and their impact on global markets. A Supreme Court ruling on federal worker rehiring raises eyebrows, while severe flooding and rising egg prices hit home. Corporate profits soar amid bird flu, and iconic tracks are celebrated in the National Recording Registry. Debunking myths, the podcast clarifies the status of dire wolves and debates the ethics of creating dire wolf-like pups through genetic engineering, stressing the need to prioritize endangered species.
10:31
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Trump's new tariffs significantly affect global economics, imposing high costs on Chinese goods and complicating international supply chains.
- The bird flu outbreak has led to skyrocketing egg prices, highlighting financial disparities between large producers and struggling smaller farms.
Deep dives
Impact of New Tariffs on Global Markets
The recent implementation of tariffs by the Trump administration affects 86 countries, significantly impacting global economics. This round includes particularly high tariffs, such as a staggering 104% minimum on all Chinese goods, causing a downward trend in Asian and European markets. Notable products set to become more expensive include iPhones, which are produced in China, Vietnam, and India, highlighting the complexities of international supply chains. Commerce Secretary Howard Lutnick suggested that efforts to bring manufacturing back to the U.S. would lead to automation in production, positioning American workers in skilled roles.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
