Anna Helhoski
π€ SpeakerAppearances Over Time
Podcast Appearances
Now, Trump has floated a number of other tariff plans on specific products, including steel, pharmaceuticals, copper, aluminum, computer chips, and semiconductors.
Now, Trump has floated a number of other tariff plans on specific products, including steel, pharmaceuticals, copper, aluminum, computer chips, and semiconductors.
All in all, tariffs usually end up costing consumers more money. That means consumers will likely see higher prices on goods from China, and that'll extend to products from Mexico and Canada if those tariffs are enacted. And here's one other thing that I want to point out. Products made in the U.S. quite often require parts produced in other countries, like cars.
All in all, tariffs usually end up costing consumers more money. That means consumers will likely see higher prices on goods from China, and that'll extend to products from Mexico and Canada if those tariffs are enacted. And here's one other thing that I want to point out. Products made in the U.S. quite often require parts produced in other countries, like cars.
All in all, tariffs usually end up costing consumers more money. That means consumers will likely see higher prices on goods from China, and that'll extend to products from Mexico and Canada if those tariffs are enacted. And here's one other thing that I want to point out. Products made in the U.S. quite often require parts produced in other countries, like cars.
So even prices of made-in-USA goods could get more expensive for Americans.
So even prices of made-in-USA goods could get more expensive for Americans.
So even prices of made-in-USA goods could get more expensive for Americans.
Yeah, this is a particularly confusing one, but I'll try and give it a go. So let's go back to January 27th, when the Office of Management and Budget called for a pause of all federal spending, grants, and other financial assistance programs.
Yeah, this is a particularly confusing one, but I'll try and give it a go. So let's go back to January 27th, when the Office of Management and Budget called for a pause of all federal spending, grants, and other financial assistance programs.
Yeah, this is a particularly confusing one, but I'll try and give it a go. So let's go back to January 27th, when the Office of Management and Budget called for a pause of all federal spending, grants, and other financial assistance programs.
So that was the problem, really. There were some apparent exceptions, Medicare, Social Security, food assistance, and student loans. But it was completely unclear what would happen to other federal funding programs, including Medicaid. Suffice to say, the order produced a lot of chaos.
So that was the problem, really. There were some apparent exceptions, Medicare, Social Security, food assistance, and student loans. But it was completely unclear what would happen to other federal funding programs, including Medicaid. Suffice to say, the order produced a lot of chaos.
So that was the problem, really. There were some apparent exceptions, Medicare, Social Security, food assistance, and student loans. But it was completely unclear what would happen to other federal funding programs, including Medicaid. Suffice to say, the order produced a lot of chaos.
Fundamentally, it isn't clear whether the memo was legal, since the Constitution gives Congress the power to fund programs. And each year after it approves spending, funding for those programs are made legal obligations. So then what was the response, Ana? Well, the next day, a federal judge in D.C. granted an administrative stay that blocked the spending freeze for a few days.
Fundamentally, it isn't clear whether the memo was legal, since the Constitution gives Congress the power to fund programs. And each year after it approves spending, funding for those programs are made legal obligations. So then what was the response, Ana? Well, the next day, a federal judge in D.C. granted an administrative stay that blocked the spending freeze for a few days.
Fundamentally, it isn't clear whether the memo was legal, since the Constitution gives Congress the power to fund programs. And each year after it approves spending, funding for those programs are made legal obligations. So then what was the response, Ana? Well, the next day, a federal judge in D.C. granted an administrative stay that blocked the spending freeze for a few days.
Then on January 29th, the White House issued a memo rescinding the original order, which would have wrapped up this debacle until White House Press Secretary Carolyn Leavitt posted that the funding freeze was still in place. So here's where things stand.
Then on January 29th, the White House issued a memo rescinding the original order, which would have wrapped up this debacle until White House Press Secretary Carolyn Leavitt posted that the funding freeze was still in place. So here's where things stand.
Then on January 29th, the White House issued a memo rescinding the original order, which would have wrapped up this debacle until White House Press Secretary Carolyn Leavitt posted that the funding freeze was still in place. So here's where things stand.