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

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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The University President Willing to Fight Trump

The University President Willing to Fight Trump

Over the past few weeks, some of the most prestigious universities in the country have faced a threat to their very existence.President Trump has frozen billions of dollars in federal funds in an attempt to rid higher education of what he calls its woke ideology.Rachel Abrams speaks to the president of Princeton University, Christopher L. Eisgruber, who has vowed to fight.Guest: Christopher L. Eisgruber, the president of Princeton University.Background reading: President Trump paused dozens of federal grants to Princeton.Mr. Trump’s orders threaten the financial foundations of higher education, but few universities have protested openly.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Christopher Goodney/Bloomburg Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

9 Apr 38min

How Trump Wiped Out $10 Trillion in Wealth in 3 Days

How Trump Wiped Out $10 Trillion in Wealth in 3 Days

On Monday, global stocks whipsawed over President Trump’s tariffs, a bear market briefly became official in the United States and tit-for-tat retaliation with China intensified.As trillions of dollars in corporate value evaporates and Mr. Trump’s support in the business world is cracking, even Republican members of Congress are debating whether to take away the president’s power to wage a trade war.Andrew Ross Sorkin, who covers business and policy, and Jonathan Swan, who covers the White House, talk through the tumultuous past few days on the stock market.Guest:Andrew Ross Sorkin, a columnist and the founder and editor-at-large of DealBook, which publishes the flagship business and policy newsletter of The New York Times.Jonathan Swan, a White House reporter for The New York Times.Background reading: DealBook: Does Mr. Trump Have an “Off Ramp”?What is a bear market? Are we in one?China says it will “fight to the end” after Mr. Trump threatens more tariffs.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Timothy A. Clary/Agence France-Presse — Getty Images Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

8 Apr 36min

‘I Felt Ashamed.’ Why One Lawyer Resigned When His Firm Caved to Trump

‘I Felt Ashamed.’ Why One Lawyer Resigned When His Firm Caved to Trump

Over the past few weeks, President Trump has used executive orders to wage war on law firms, specifically targeting those whose lawyers have investigated or sued him, or represented his enemies in court.Michael Barbaro speaks to Thomas Sipp, a lawyer who chose to quit after his firm, Skadden, negotiated a deal to placate the president.Guest: Thomas Sipp, a lawyer who left his firm after they negotiated a deal with Mr. Trump.Background reading: Read about how, Paul Weiss, a major democratic law firm, ended up bowing to Mr. Trump.Ever since the elite law firms Skadden and Paul Weiss reached deals with the Trump administration, top partners have closed ranks in support of the agreements.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: John Taggart for The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

7 Apr 35min

The Sunday Read: ‘What Happened to Val Kilmer?’

The Sunday Read: ‘What Happened to Val Kilmer?’

“The force of his will is the thing I remember about him,” says Taffy Brodesser-Akner, who wrote a profile of Val Kilmer for The New York Times Magazine in May 2020. “He was sure he was going to come back to his exact former self. ”The two met for an interview just as a lockdown due to the coronavirus pandemic seemed all but certain to happen.Mr. Kilmer, who was diagnosed with throat cancer in 2014 and had undergone a tracheotomy, was still performing. Mr. Brodesser-Akner credits him with providing “the first whiff of overarching hope and positivity that I’d witnessed in I couldn’t remember how many months.”“What does somebody do when the thing that they are known for, which is being a superhero, which is being an action hero, which is being handsome, which is being this sort of picture of good health and vigor, what do you do next?” she said. “And a lot of people, they fade away. But that’s not how it went for Val. ”Mr. Kilmer, who played classic roles such as Batman and Iceman in “Top Gun,” died on Tuesday in Los Angeles. He was 65. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

6 Apr 53min

'The Interview': Bill Murray Says He's Not the Man He Used to Be

'The Interview': Bill Murray Says He's Not the Man He Used to Be

The actor talks about his new film “The Friend,” his jerky past and what he doesn’t get about himself. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

5 Apr 51min

The Trump Tariffs Poised to Remake Global Trade

The Trump Tariffs Poised to Remake Global Trade

In a history-making day of tariffs, President Trump imposed charges of at least 10 percent on nearly all of America’s trading partners.Ana Swanson, who covers trade for The Times, discusses who will be affected most and looks at how the levies effectively ended one era of global trade and began a new one.Guest: Ana Swanson, who covers trade and international economics for The New York Times.Background reading: The tariffs are likely to ripple through the global economy, driving up prices for American consumers and manufacturers while inciting retaliation from other nations.Mr. Trump says global trade is unfair. Does he have a point?Read about how the tariff rates are calculated.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Doug Mills/The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

3 Apr 21min

Shen Yun: The Dark Side of a Dance Troupe

Shen Yun: The Dark Side of a Dance Troupe

A few days ago, one of the most ubiquitous live shows in the country, Shen Yun, began its latest run at Lincoln Center, drawing thousands of people to a performance that is colorful, acrobatic and — according to many of its performers — shockingly abusive.Nicole Hong, one of the reporters behind a New York Times investigation of Shen Yun, discusses what that reporting has revealed about the secretive enterprise.Guest: Nicole Hong, an investigative reporter for The New York Times focusing on New York and its surrounding regions.Background reading: An ex-dancer accused Shen Yun of forced labor and trafficking in a lawsuit.Here are five takeaways from The Times’s coverage of Shen Yun.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

2 Apr 33min