3 Things How Trump’s tariffs hurt US, Great Calcutta Killings, and SC on Samay Raina
Aug 26, 2025
Adrija Roychowdhury, a journalist from The Indian Express, discusses the Great Calcutta Killings and the controversial figure Gopal Mukherjee, shedding light on the complex communal tensions of 1946. Udit Misra, also from The Indian Express, delves into the impact of Donald Trump's tariff policies on the US economy, revealing surprising effects on inflation and consumer prices. The conversation wraps up with a discussion on a Supreme Court ruling mandating comedians, including Samay Raina, to apologize for derogatory remarks about disabilities, highlighting the fine line between humor and accountability.
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Tariffs Hurt Consumers Over Time
- Tariffs briefly shield domestic producers but quickly raise prices and reduce consumer choice.
- Udit Misra explains tariffs often leave consumers worse off while only some producers gain.
Headline Tariffs Overstate The Impact
- Trump’s stop-start tariff announcements lower their effective impact compared with headline rates.
- Misra calculates announced averages fall to much smaller effective tariffs once rollbacks and pre-buys are accounted for.
Top Tech Stocks Mask Wider Slowdown
- Stock indices give a fragmented picture: tech-heavy Nasdaq masks weakness elsewhere.
- Misra shows small-cap and transport indices lag, revealing uneven economic health under tariffs.
