Duties bound: a Trump-tariff smackdown

义不容辞:特朗普关税的强力反击

Economist Podcasts

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2025-05-29

23 分钟
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The US Court of International Trade ruled that Donald Trump’s so-called fentanyl and Liberation Day tariffs constituted executive overreach. Now what? Artificial intelligence is on a wild ride through a well-known hype cycle—and is arriving at a “trough of disillusionment” (8:49). And a new book about Xi Jinping’s father reveals much about the Chinese president himself (16:42). Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.
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  • The Economist Hello and welcome to The Intelligence from The Economist.

  • I'm your host, Jason Palmer.

  • Every weekday, we provide a fresh perspective on the events shaping your world.

  • Artificial intelligence has a long academic backstory.

  • in which early promises weren't kept, enthusiasm faded,

  • and the field entered what was called the AI winter.

  • Recently, of course, it resurged.

  • But once again, in the business world, disillusionment is spreading.

  • And as our subscriber-only series The Prince showed,

  • understanding President Xi Jinping's background and beliefs is really hard.

  • The host of that series says a new book, all about Mr. Xi's father,

  • is a startlingly revealing look into his life first up

  • though i always say tariffs is the most beautiful word to me in the dictionary then i was reprimanded by the fake news they said what about love religion and god i said i agree let's put god number one let's put Religion,

  • number two.

  • Love, I don't know.

  • We got to put that number three, I guess, right?

  • And then it's tariff.

  • Imported packages tied up with strings.

  • Tariffs are one of Trump's favorite things.

  • It's a revenue source, sure, but we don't have to tell you that the arithmetic doesn't stand up.