This episode explores the impact of President Trump's new tariffs on global trade. Against the backdrop of these tariffs taking effect, the discussion highlights the varied responses from different countries. More significantly, while some countries like Japan and South Korea are reportedly seeking negotiations, China is reacting with strong words and the expectation of retaliation, citing concerns about sovereignty and development interests. For instance, China's Foreign Ministry spokesman stated their intent to take resolute measures to safeguard their interests. The episode also delves into the internal political ramifications within the U.S., noting pushback from figures like Elon Musk and the introduction of bipartisan bills aiming to restrict the president's tariff authority. Furthermore, the Supreme Court's decision allowing the firing of 16,000 probationary federal employees is discussed, highlighting the ongoing legal battles surrounding the administration's actions. What this means for the global economy and the future of US trade policy remains uncertain, with analysts suggesting a prolonged period of negotiation and potential economic hardship.
