Tariffs, Taxes and ‘The Big, Beautiful Bill’ episode artwork

EPISODE · May 14, 2025 · 32 MIN

Tariffs, Taxes and ‘The Big, Beautiful Bill’

from WSJ Opinion: Free Expression · host Gerard Baker, Editor at Large, The Wall Street Journal

This week, Donald Trump celebrated a “reset” with China, lowering tariffs and signaling a major thaw in the trade war between the two countries. Meanwhile, as the President traveled to the Middle East, House Republicans announced their framework for the “big, beautiful” spending bill looking to make changes to Medicaid and reduce the budget deficit. Where does Donald Trump's wider economic agenda now sit? On this episode of Free Expression, Harvard economics professor Greg Mankiw tells Gerry Baker why the President has to stop thinking the U.S. is an economic “loser,” and how the U.S. under Trump is starting take on some of the appearances of an unstable emerging market and gives his perspective on academic freedom on the Harvard campus and elsewhere after the administration's unprecedented campaign against institutions of higher learning.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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