In this discussion, Greg David, a fiscal and economic journalist and director at the Newmark Graduate School of Journalism, details the repercussions of Trump's tariffs on New York City's economy. He predicts worsening local conditions despite a temporary pause in tariffs. David highlights significant challenges for Wall Street, small businesses, and the tourism industry. He also examines the impacts on city budgets and the housing market amid financial uncertainty, emphasizing risks of a recession and rising operating costs.