Molly Ball

Yeah, I mean, look, the trade war with China is well underway. And with the caveat that Trump is nothing if not unpredictable and could reverse himself in any way at any moment, the reality is this is now a major trade war. much bigger than anything Trump did against China in his first term. And we are still at the very beginning of these tariffs actually being implemented.

So the market gyrations may calm down a bit, but the real impact on the economy, which most economists believe we're going to see in the form of rising prices on a lot of imported products, that is, we are only at the beginning of that potentially starting to happen. And most forecasters are still saying we're likely going to be in for a recession.

So the market gyrations may calm down a bit, but the real impact on the economy, which most economists believe we're going to see in the form of rising prices on a lot of imported products, that is, we are only at the beginning of that potentially starting to happen. And most forecasters are still saying we're likely going to be in for a recession.

So the market gyrations may calm down a bit, but the real impact on the economy, which most economists believe we're going to see in the form of rising prices on a lot of imported products, that is, we are only at the beginning of that potentially starting to happen. And most forecasters are still saying we're likely going to be in for a recession.

And I think we just don't know where the economic picture is going to end up.

And I think we just don't know where the economic picture is going to end up.

And I think we just don't know where the economic picture is going to end up.

Something we still don't know is sort of what is the end game here. Because the administration keeps kicking the can down the road, we still don't know... They still haven't told us where they want to end up, what would constitute a satisfactory deal that would allow them to remove some of the tariffs on a permanent basis, what the 90-day pause means, right?

Something we still don't know is sort of what is the end game here. Because the administration keeps kicking the can down the road, we still don't know... They still haven't told us where they want to end up, what would constitute a satisfactory deal that would allow them to remove some of the tariffs on a permanent basis, what the 90-day pause means, right?

Something we still don't know is sort of what is the end game here. Because the administration keeps kicking the can down the road, we still don't know... They still haven't told us where they want to end up, what would constitute a satisfactory deal that would allow them to remove some of the tariffs on a permanent basis, what the 90-day pause means, right?

It obviously means they've created space for this kind of deal-making, but at the end of 90 days... Does the door come slamming back down or is there another pause? Is there some kind of is it country by country? They really have not made clear just sort of where it's all going.

It obviously means they've created space for this kind of deal-making, but at the end of 90 days... Does the door come slamming back down or is there another pause? Is there some kind of is it country by country? They really have not made clear just sort of where it's all going.

It obviously means they've created space for this kind of deal-making, but at the end of 90 days... Does the door come slamming back down or is there another pause? Is there some kind of is it country by country? They really have not made clear just sort of where it's all going.

This was fun. Thank you so much.

This was fun. Thank you so much.

This was fun. Thank you so much.

Well, we only have a couple more episodes, so maybe. You know, it's possible that there will be so much else going on that we just won't even be able to get to them. But the tariffs have been a pretty big storyline of Trump 2.0 so far, so I'd be surprised if they don't come up again.

Well, we only have a couple more episodes, so maybe. You know, it's possible that there will be so much else going on that we just won't even be able to get to them. But the tariffs have been a pretty big storyline of Trump 2.0 so far, so I'd be surprised if they don't come up again.

Well, we only have a couple more episodes, so maybe. You know, it's possible that there will be so much else going on that we just won't even be able to get to them. But the tariffs have been a pretty big storyline of Trump 2.0 so far, so I'd be surprised if they don't come up again.

That's right. I'm going to spend my kids' spring break hopefully not thinking about tariffs at all. Have fun.