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Radio Atlantic

Tariffs Are Paused. Uncertainty Isn't.

10 Apr 2025

Description

The stock market has been tanking since President Donald Trump announced sweeping tariffs a week ago. Then Wednesday mid-afternoon—after Trump reversed course on global tariffs—the market experienced one of its biggest single-day jumps ever. So … what exactly happened? And if the U.S. economy continues to be this unpredictable, what does that mean for the future? Get more from your favorite Atlantic voices when you subscribe. You’ll enjoy unlimited access to Pulitzer-winning journalism, from clear-eyed analysis and insight on breaking news to fascinating explorations of our world. Subscribe today at TheAtlantic.com/podsub. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcription

Full Episode

0.309 - 15.358 Karla Lally Music

I'm Karla Lally Music, cookbook author and snack enthusiast. Do you have a sweet tooth? Tune in to Sweets Unwrapped, a new podcast from Ferrero and Atlantic Rethink, the Atlantic's creative marketing studio, where I dive into the stories behind America's favorite treats.

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22.363 - 28.146 Betsy Stevenson

Was today real? Honestly, like today just seemed like an unreal day. Truly.

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28.746 - 29.607 John Smith

Was this week real? Yeah.

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29.861 - 31.402 Betsy Stevenson

Was this week real? Exactly.

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31.462 - 32.722 John Smith

What day is today, Hannah? It's Wednesday?

32.922 - 34.163 Betsy Stevenson

It's only Wednesday.

34.263 - 39.245 John Smith

Okay, so in 11 minutes, we will have been at this for seven days in a row.

39.585 - 41.226 Betsy Stevenson

Yeah, yeah. What's this?

43.487 - 51.27 John Smith

The confused mumblings of an old man who didn't do very well in his college economics course.

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