Rachel Abrams

Can we just zoom out for a second? Because I kind of want to understand how the administration went about targeting these specific countries this way to begin with. Some countries are obviously being hit harder than others.

Can you just explain that? Like, why were Canada and Mexico left out, especially given the fact that I feel like we've heard so much from the administration just kind of railing against them and threatening tariffs over the past few weeks?

Can you just explain that? Like, why were Canada and Mexico left out, especially given the fact that I feel like we've heard so much from the administration just kind of railing against them and threatening tariffs over the past few weeks?

Right. He even brought one of those UAW guys up on stage today during his speech. Like, he's really trying to emphasize that these policies are helping everyday Americans.

Right. He even brought one of those UAW guys up on stage today during his speech. Like, he's really trying to emphasize that these policies are helping everyday Americans.

Ana, every single time that Trump has announced or threatened tariffs since he took office, there has been a chorus of prominent, probably the most prominent economists who say, this will be bad for the economy. This will raise prices. This will be bad for consumers. And here again today, President Trump was saying, no, no, these tariffs will boost jobs and they'll make America wealthy again.

Ana, every single time that Trump has announced or threatened tariffs since he took office, there has been a chorus of prominent, probably the most prominent economists who say, this will be bad for the economy. This will raise prices. This will be bad for consumers. And here again today, President Trump was saying, no, no, these tariffs will boost jobs and they'll make America wealthy again.

So if the economists are right, who is paying for all of this? Because just to emphasize here, these tariffs are enormous.

So if the economists are right, who is paying for all of this? Because just to emphasize here, these tariffs are enormous.

I mean, it really feels like this is unbelievably broad. Like, is this as historic as it feels?

I mean, it really feels like this is unbelievably broad. Like, is this as historic as it feels?

You know, we've talked a lot on the show, Ana, about the reordering of the global world order, how Trump is blowing up longstanding relationships with allies. And obviously, we know that Trump shatters norms. That's what he did in his first term.

You know, we've talked a lot on the show, Ana, about the reordering of the global world order, how Trump is blowing up longstanding relationships with allies. And obviously, we know that Trump shatters norms. That's what he did in his first term.

And so I just sort of wonder, given the fact that these tariffs are unprecedented and historic in the ways that you've outlined, do these policies fit into that new reordering in some bigger way?

And so I just sort of wonder, given the fact that these tariffs are unprecedented and historic in the ways that you've outlined, do these policies fit into that new reordering in some bigger way?

I mean, to that point, how are these countries responding? I mean, I know these tariffs just got announced, but do we know anything about their reaction yet?

I mean, to that point, how are these countries responding? I mean, I know these tariffs just got announced, but do we know anything about their reaction yet?

So is it fair to say that the era of free trade is over?

So is it fair to say that the era of free trade is over?

Ana, thank you so much. Thank you. The reaction to Trump's announcement was both swift and broad, with some of the world's biggest economies warning of retaliation against what they described as a counterproductive move.