Leila Fadel

NPR's chief economics correspondent, Scott Horsley, joins us now to break this down. Good morning, Scott.

NPR's chief economics correspondent, Scott Horsley, joins us now to break this down. Good morning, Scott.

All right. So, you know, President Trump promised high tariffs throughout the campaign. So is anyone actually surprised by this move?

All right. So, you know, President Trump promised high tariffs throughout the campaign. So is anyone actually surprised by this move?

All right. So, you know, President Trump promised high tariffs throughout the campaign. So is anyone actually surprised by this move?

Oh, wow. So how did the White House decide who pays what?

Oh, wow. So how did the White House decide who pays what?

Oh, wow. So how did the White House decide who pays what?

So let's talk about that. What's the potential economic effect of that?

So let's talk about that. What's the potential economic effect of that?

So let's talk about that. What's the potential economic effect of that?

And what about international fallout?

And what about international fallout?

And what about international fallout?

NPR's Scott Horsley. Thank you, Scott.

NPR's Scott Horsley. Thank you, Scott.

NPR's Scott Horsley. Thank you, Scott.

Yeah, leaders across the world have reacted with dismay and confusion following President Trump's announcement. Some are preparing countermeasures targeting the U.S., while others are hoping to strike up negotiations.

Yeah, leaders across the world have reacted with dismay and confusion following President Trump's announcement. Some are preparing countermeasures targeting the U.S., while others are hoping to strike up negotiations.

Yeah, leaders across the world have reacted with dismay and confusion following President Trump's announcement. Some are preparing countermeasures targeting the U.S., while others are hoping to strike up negotiations.