PodcastIntel
Sign in Get Started Free
Planet Money
Planet Money

The 145% tariff already did its damage

May 16, 2025 · 26m
AI Summary
  • A 145% tariff on Chinese imports lasted only one month but caused lasting economic damage across global supply chains
  • Companies with goods arriving at U.S. ports during the tariff period faced severe financial losses—some paying an extra $1.5 million on $1 million of imports
  • The episode profiles three people affected differently by the tariff, illustrating how luck and timing determined winners and losers in global trade

More from Planet Money

View all episodes →

Get AI Summaries for Every New Episode

Subscribe to Planet Money and get AI summaries, guest tracking, and email digests delivered automatically.

Sign Up Free →