On the campaign trail, Donald Trump promised to enact tariffs on some of the United States' largest trading partners. As president, he has made good on that promise — but with more than a few exceptions and caveats. This episode: political correspondent Sarah McCammon, White House correspondent Asma Khalid, and chief economic correspondent Scott Horsley.The podcast is produced by Bria Suggs & Kelli Wessinger and edited by Casey Morell. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
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Hey, I'm Madison Brainerd, a student and reporter at the University of Alabama, and I'm about to go live in the news wall for the first time. This podcast was recorded at 1.18 p.m.
Eastern Time on Thursday, March 6, 2025.
Things may have changed by the time you hear this, but hopefully I'll have nailed my first live shot.
Congratulations. I have no doubt. Hey there, it's the NPR Politics Podcast. I'm Sarah McCammon. I cover politics. And I'm Asma Khalid. I cover the White House. And on today's show, we are looking at the tariffs President Trump has put in place this week and how they're affecting the economy. So we've got NPR's chief economics correspondent, Scott Horsley, with us. Hi, Scott.
Hi, great to be with y'all.
Always good to have you. You know, just remind us, there's been so much tariff talk from Trump, but what has actually been put in place so far?
Well, you know, I think that caveat that we always put at the top of the podcast, things may have changed by the time you hear this, is particularly apt in this circumstance because it's been a wild week. On Monday, we had no tariffs on imports from Canada and Mexico. On Tuesday, we had suddenly a 25% tax on nearly all imports from Mexico and Canada.
On Wednesday, that tax was relaxed as far as cars go. Today, it was relaxed further as far as most imports from Mexico go, that is, imports covered by the U.S.-Mexico-Canada Free Trade Agreement. So it's changing hour by hour, day by day, but it's certainly put the economy into a lot of questionable territory.
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