Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations. China now faces a tariff well above 50% on many goods.

On today’s Big Take, Bloomberg reporter Josh Wingrove joins host David Gura to discuss Trump’s “huge” announcement, and how it will reshape global trade.

Read more: Trump Tariffs Everyone, With Rate on China Set to Soar Above 50%
Further listening: The World Is Paying for Trump’s China Tariffs

 

Trump announced the steepest American tariffs in more than a century, with a 10% tariff on all exporters to the US and even higher duties on some 60 nations. China now faces a tariff well above 50% on many goods.
On today&rsquo;s Big Take, Bloomberg reporter Josh Wingrove joins host David Gura to discuss Trump&rsquo;s &ldquo;huge&rdquo; announcement, and how it will reshape global trade.
Read more:&nbsp;<a href="https://www.bloomberg.com/news/articles/2025-04-02/trump-says-he-s-signing-executive-order-on-reciprocal-tariffs?srnd=homepage-americas">Trump Tariffs Everyone, With Rate on China Set to Soar Above 50%</a> Further listening: <a href="https://podcasts.apple.com/us/podcast/the-world-is-paying-for-trumps-china-tariffs/id1746141911?i=1000700814222">The World Is Paying for Trump&rsquo;s China Tariffs</a>
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The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Trump Announces Sweeping New Tariffs. What’s Next

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ece59f64-5072-4477-8bb7-b2b40085b23c/transcript

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