A case of Schrödinger’s tariffs

薛定谔式的关税案例

Behind the Money

2025-07-09

19 分钟
PDF

单集简介 ...

It’s been exactly 90 days since US President Donald Trump paused most of his ‘reciprocal’ tariffs. With just a 10 per cent blanket tariff on all imports and a higher tariff on China, economists predicted the American economy would feel the heat pretty quickly. But the sky hasn’t fallen yet – the world’s largest economy is holding strong. The FT’s US economics editor Claire Jones explains why that is and when markets may start to feel the effects of Trump’s tariffs.  Clips from CBS News, CNBC, TODAY - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Donald Trump renews threat to hit trading partners with steep tariffs Tariffs on household goods bring home costs of Trump’s trade wars US tariff receipts surge in Donald Trump’s trade war US narrows trade focus to secure deals before Donald Trump’s tariff deadline - - - - - - - - - - - - - - - - - - - - - - - - - -  Follow Claire Jones on X (@senoj_erialc) and Saffeya Ahmed on X (@saffeya_ahmed), or follow Saffeya on LinkedIn for updates about the show and more.  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
更多

单集文稿 ...

  • Balance your trading strategy by adding futures.

  • CME Group helps you manage risk and capture opportunities in all market environments.

  • Capitalize on around the clock access to highly liquid global futures and options markets across all major asset classes.

  • Visit your online broker and get started.

  • See what adding futures can do for you at cmegroup.com slash podcast.

  • Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profits you might have made.

  • This is not a recommendation to offer to buy, sell or retain any specific investment or service.

  • Today is the day that US President Donald Trump's tariff pause was supposed to end.

  • As of Monday, though, that's changed.

  • Trump has now said that he'll extend his pause until August 1st.

  • Now, in the three months since he announced this pause, Trump has worked out a deal with the UK.

  • Well, it looks like the Brits are over the line first, doesn't it?

  • Donald Trump has signed an executive order reducing tariffs on some UK exports into the United States.

  • He's dropped taxes on Chinese goods from almost 150 percent back down to 30.

  • This morning, a major trade breakthrough and possibly some relief for Americans.

  • The U.S. and China announcing that both countries will dramatically reduce tariffs.

  • And he's penned some more trade agreements in the last couple of weeks, too.

  • To Wall Street now as investors react to news of a trade deal between the U.S. and Vietnam.

  • Investors now weighing what the deal means for companies that manufacture in Vietnam like Nike,

  • Columbia Sportswear.