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Trump’s tariffs: From words to action
AlArabiya English
Follow
3/13/2025
Category
🗞
News
Transcript
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00:00
It's a brighter day for stock markets after the trade tariff tantrums of recent days.
00:07
Why aren't investors turning so cautious when it comes to Trump's tariffs?
00:13
Because he spoke extensively about implementing tariffs in the election campaign.
00:18
Yeah, that's right.
00:20
I think based on what we've seen before from the Trump administration in the first term
00:27
is that he would often use tariffs as a threat to get something he wanted on another policy,
00:34
whether it be on immigration reform or on things like keeping fentanyl out of the United
00:40
States.
00:41
And these were really kind of thinly veiled threats, knowing that there may be some sort
00:46
of action from these trading partners, and therefore the tariffs would not be implemented.
00:52
He is taking a much different approach this time, in which these tariffs are going into
00:56
effect and the markets are responding.
00:59
And I think they'll continue to respond the longer these tariffs are enacted, given the
01:04
fact that the prices and the amount of goods, we're talking about tens of billions of dollars
01:11
worth of industrial goods that these tariffs are hitting.
01:15
That's going to take a serious toll on the economic growth of the world.
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