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Trade War: It could get ugly pretty quickly | Big Take #china
Posted
February 5, 2025
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1:25Now PlayingOn this episode of the Big Take podcast, we discuss Trump's proposed China, Mexico and Canada tariffs, the ongoing negotiations over them, and how Trump's tactics could affect global trade and the US economy. Listen to the full episode wherever you get your podcasts
Title: How will Trump's proposed tariffs affect global trade?
Is it a trade war or is it whiplash?
On Saturday, President Trump announced new 25% tariffs on imports from Canada and Mexico, and an additional 10% tariff on Chinese goods. On Sunday, he said tariffs were coming for the European Union, too.
The tariffs were initially supposed to take effect at 12:01 am Tuesday morning eastern time, but since that weekend announcement, the tariffs on Mexican and Canadian goods have been delayed for one month. Meanwhile, the tariffs on Chinese goods are proceeding as scheduled.
On today’s Big Take podcast, Bloomberg’s global economy reporter Enda Curran and host Sarah Holder make sense of the news — and discuss how this could disrupt the US economy and reshape global commerce.
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