Planet Money Planet Money

The 145% tariff already did its damage

2025-05-16 00:00:00 +0000 UTC ·26m 53s ·by NPR
The 145% tariff already did its damage
Planet Money
0:00
--:--

About this episode

Even though the 145% tariff on Chinese imports only lasted a month, it already inflicted its scars on the economy. Global trade is just not something you can turn off and on like that. Some companies got really unlucky. Like those whose goods arrived at U.S. ports before the pause. If a medium size