A US flag flies off the strict of a tour boat on the Port of Los Angeles.
Robyn Beck/AFP by way of Getty Pictures
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Robyn Beck/AFP by way of Getty Pictures
A US flag flies off the strict of a tour boat on the Port of Los Angeles.
Robyn Beck/AFP by way of Getty Pictures
Thursday evening, President Trump introduced new tariff charges, and a brand new deadline. For weeks, the administration mentioned that new, harder tariffs would go into impact August 1 — as an alternative, most international locations will not see the brand new charges kick in for a minimum of every week.
In the meantime, new numbers from the Labor Division present job progress slowed sharply this spring, as President Trump’s earlier, worldwide tariffs began to chunk. Shortly after their launch, Trump mentioned he was firing the pinnacle of the federal government company that produced that report.
White Home correspondent Danielle Kurtzleben and financial correspondent Scott Horsley talk about the results of Trump’s tariffs to this point and going ahead.
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This episode was produced by Connor Donevan and Jason Fuller with audio engineering by Simon Lazlo Jansen. It was edited by John Ketchum, Rafael Nam and Sami Yenigun, who can be our government producer.