Trump Goes Big With First Tariffs
Feb 03, 2025•14 min•Transcript available on Metacast Episode description
A.M. Edition for Feb. 3. WSJ trade reporter Gavin Bade explains how President Trump settled on 25% levies on imports from Canada and Mexico, and how those two countries are responding to that opening salvo in what could become a continental trade war. Plus, WSJ finance editor Alex Frangos analyzes the market reaction to those tariffs, as well as an additional 10% levy on China. And the Trump administration issues an ultimatum on the Panama Canal during a visit to the country by Secretary of State Marco Rubio. Luke Vargas hosts.
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