Rachel Abrams

And that you can also probably adapt without giving up on research entirely. There might be new areas you can't go into, but you will remain a research institution on the forefront of research. I guess what I'm saying is, on the one hand, I hear you saying it's a crisis. On the other hand, I hear you saying it's going to be fine. And I'm kind of just wondering sort of which is it.

And that you can also probably adapt without giving up on research entirely. There might be new areas you can't go into, but you will remain a research institution on the forefront of research. I guess what I'm saying is, on the one hand, I hear you saying it's a crisis. On the other hand, I hear you saying it's going to be fine. And I'm kind of just wondering sort of which is it.

Thank you. Thank you.

Thank you. Thank you.

Thank you.

Thank you.

Thank you. Thank you.

Thank you. Thank you.

From The New York Times, I'm Rachel Abrams. This is The Daily. In a history-making day of tariffs against dozens of countries, President Trump ended one era of global trade and began a new one. Today, my colleague Anna Swanson on how the world's economy is being upended and who will be affected most. It's Thursday, April 3rd. Hi, Anna. Hey, how are you? I'm good.

From The New York Times, I'm Rachel Abrams. This is The Daily. In a history-making day of tariffs against dozens of countries, President Trump ended one era of global trade and began a new one. Today, my colleague Anna Swanson on how the world's economy is being upended and who will be affected most. It's Thursday, April 3rd. Hi, Anna. Hey, how are you? I'm good.

I'm really curious what your day has been like.

I'm really curious what your day has been like.

So, Ana, obviously today has been incredibly busy, but really the news on the tariffs over the last few months has been totally head spinning and frankly kind of hard to follow. And we're speaking to you shortly after President Trump has come out to the Rose Garden and announced this expansive new plan. We all watched it here at The Daily, and there's a lot to get into.

So, Ana, obviously today has been incredibly busy, but really the news on the tariffs over the last few months has been totally head spinning and frankly kind of hard to follow. And we're speaking to you shortly after President Trump has come out to the Rose Garden and announced this expansive new plan. We all watched it here at The Daily, and there's a lot to get into.

But I just want to start off with, can you walk us up to this moment?

But I just want to start off with, can you walk us up to this moment?

So let's dig into those measures for a second that he announced. Can you just explain them a bit more?

So let's dig into those measures for a second that he announced. Can you just explain them a bit more?

And to be clear, that universal 10% tariff that you mentioned, that's going to be applied to some countries where there is currently no tariff at all, including some of our allies. Is that right?

And to be clear, that universal 10% tariff that you mentioned, that's going to be applied to some countries where there is currently no tariff at all, including some of our allies. Is that right?