Fear and Fury: The Fallout From Trump’s Tariffs
The Daily4 Huhti 2025

Fear and Fury: The Fallout From Trump’s Tariffs

The reverberations from President Trump’s new global tariffs have rocked financial markets and world capitals. American stocks have plunged, and foreign leaders have issued forceful condemnations.

The Times journalists Michael Barbaro, Peter Goodman, Natalie Kitroeff and Jeanna Smialek sit down to try to make sense of Mr. Trump’s strategy and its consequences.

Guest:

Background reading:

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Photo: Scott McIntyre for The New York Times

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