That Wack-Ass Tariff Formula

This week: Trump unveiled his extensive list of tariffs. Felix Salmon , Emily Peck , and Elizabeth Spiers discuss the questionable math that went into calculating these hefty tariffs and the stock market’s extremely negative reaction to the announcement. Then, Trump has picked a fight with the country's biggest law firms, threatening the integrity of the US legal system. Slate’s Mark Joseph Stern joins to break down the situation. And finally, the US dollar is down after Trump’s tariff announcement which was a big surprise. (Listen to our episode with Paul Krugman to understand why.) The hosts examine the factors that led to its weakening. In the Slate Plus episode: Broadway plays have gone Hollywood. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can

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That Wack-Ass Tariff Formula is an episode from Thrilling Tales of Modern Capitalism by Slate Podcasts.

This episode is 58:45 long.

This episode was published on Apr 5, 2025.

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