Wall of duties: Trump's towering tariffs

责任之墙:特朗普高耸的关税壁垒

The Intelligence from The Economist

2025-04-03

24 分钟
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Even in the run-up to Donald Trump's “Liberation Day” tariff hikes, few had expected such colossal levies. Our correspondent explains how they will shake America's economy and global trade. After Sudanese government forces retake Khartoum, will this alter the course of the civil war (10:32)? And Shonda Rhimes is shaping watching habits (18:12). Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+
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  • The Economist Hello and welcome to The Intelligence from The Economist.

  • I'm your host, Rosie Bloor.

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

  • Sudan's civil war has been bloody and protracted,

  • but government troops recently took back Khartoum from the rebel occupying force.

  • We assess the consequences.

  • And if you haven't heard of Shonda Rhimes, you'll surely have seen her shows,

  • which include Grey's Anatomy, Inventing Anna, and Bridgerton.

  • Our correspondent meets her and tries to unearth the secrets of her success.

  • First up though.

  • My fellow Americans, this is Liberation Day, waiting for a long time.

  • April 2nd,

  • 2025 will forever be remembered as the day American industry was reborn the day America's destiny was reclaimed and the day that we began to make America wealthy again.

  • Gonna make it wealthy, good and wealthy.

  • Donald Trump's Liberation Day took aim at enemies and allies alike,

  • jacking up tariffs on every country.

  • Trump says the US has been looted, pillaged, raped and plundered by other nations.

  • and promises his liberating taxes will usher in a golden age of plenty.

  • But they're more likely to create a poorer, more unequal America.

  • These tariffs take America's tariff rate back to levels not seen for more than a hundred years.