Episode 409: Tariff Turmoil: Trump’s Trade War and Its Global Fallout

Episode 409: Tariff Turmoil: Trump’s Trade War and Its Global FalloutToday, Morgan, Martha, and Jess discuss President Trump’s latest move to impose sweeping tariffs using the International Emergency Economic Powers Act (IEEPA), citing illegal migration and fentanyl as justification. The plan includes 25% tariffs on Mexico and Canada and 10% on China, which has prompted retaliatory measures from U.S. trading partners.What are the unintended consequences for American taxpayers? If the U.S. retreats from the global economic stage, who steps in to fill the void? And with past tariffs failing to bring manufacturing back, will this strategy hurt the very voters who elected Trump?Check out the answers to these questions and more in this episode of Fault Lines.https://www.bbc.com/news/articles/c70kn4676p4o https://www.washingtonpost.com/business/2025/02/02/trump-tariffs-canada-mexico/https://www.nytimes.com/2025/02/02/us/politics/trump-tariffs-ieepa.html https://www.reuters.com/business/trump-stretches-trade-law-boundaries-with-canada-mexico-china-tariffs-2025-02-02/ Check out the sources that helped shape our expert's discussion!Follow our experts on Twitter: @morganlroach@marthamillerdc@NotTVJessJones Like what we're doing here?  Be sure to rate, review, and subscribe.  And don't forget to follow @masonnatsec on Twitter!We are also on YouTube, and watch today's episode here: https://youtu.be/iLb6rTb54is Hosted on Acast. See acast.com/privacy for more information.