THE DAILY BLAST with Greg Sargent

Trump Hit by Two Brutal Polls on Econ as GOP Tariff Panic Goes Nuclear

Apr 1, 2025

Jared Bernstein, former chair of President Biden’s Council of Economic Advisers and visiting scholar at Stanford, dives into the fallout of President Trump's proposed global tariffs. He discusses how these tariffs, aimed at protecting American industries, could backfire and disproportionately hurt low and middle-income consumers. With alarming polls indicating public disapproval, Bernstein emphasizes the widening gap between initial support for tariffs and their economic consequences. Republicans are scrambling as they face backlash in their states, highlighting the growing voter disconnect on trade issues.

20:21

Episode guests

Jared Bernstein

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

President Trump's impending tariffs are causing concern among Congressional Republicans due to the potential negative economic impact on their constituents.

Recent polling indicates a significant shift in public sentiment against tariffs, suggesting potential electoral repercussions for Trump and the GOP as voters reconsider the economic effects.

Deep dives

Impending Tariffs and Their Broad Reach

President Trump is set to announce new global tariffs that could impact a wide range of imports, including those from China, Canada, and Mexico. The tariffs are expected to be sweeping in nature, potentially affecting all trading partners and leading to increased production costs. Congressional Republicans are expressing concern about the negative consequences these tariffs could have on their constituents, particularly as preliminary polling indicates a drop in public support for such measures. There is a growing realization that preemptive economic fallout is already occurring, raising questions about how severe the impact will be once tariffs are implemented.

Intro

2min

The Tariff Dilemma

5min

The Economic Consequences of Tariffs and Public Perception

4min

Tariffs and Voter Perception

4min

Republican Panic Over Tariffs and the Democratic Response

4min

President Donald Trump is set to announce that he’ll impose sweeping new global tariffs on imports, and Congressional Republicans are already scrambling wildly to try to shield their states and districts from the fallout. Meanwhile, a Fox News poll finds that Trump is sliding on the economy, with the public turning against tariffs in particular. And an Associated Press survey also has terrible news for Trump on this front. Notably, all these negative consequences kicked in well before the tariffs have even started. We talked to Jared Bernstein, former chair of President Biden’s Council of Economic Advisers and now a visiting scholar at Stanford, who has a new piece on his Substack predicting the consequences could be dire. He explains why the tariffs are so wrongheaded—and why they’re likely to cause major backlash against Trump and his party.

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THE DAILY BLAST with Greg Sargent

Trump Hit by Two Brutal Polls on Econ as GOP Tariff Panic Goes Nuclear

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Impending Tariffs and Their Broad Reach

Economic Consequences of Tariffs

Public Perception and Political Ramifications

Remember Everything You Learn from Podcasts