Trump's "liberation day" tariffs.

On Wednesday, President Donald Trump announced a 10% across-the-board tariff on all U.S. trading partners, as well as heightened rates on specific countries. The 10% baseline tariff is set to go into effect on April 5, while the individualized duties will begin on April 9. Additionally, a 25% levy on foreign-made automobileswent into effect at midnight on Thursday. In concert with the announcement, President Trump issued an executive order declaring a national emergency due to trading practices that posed “an unusual and extraordinary threat to the national security and economy of the United States.”Ad-free podcasts are here!Many listeners have been asking for an ad-free version of this podcast that they could subscribe to — and we finally launched it. You can go to ReadTangle.com to sign up!You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today’s “Have a nice day” story ⁠here⁠.Take the survey: What do you think of the recently announced tariffs? Let us know!You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast was written by Isaac Saul and edited and engineered by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Hunter Casperson, Kendall White, Bailey Saul, and Audrey Moorehead. Our logo was created by Magdalena Bokowa, Head of Partnerships and Socials.  Hosted on Acast. See acast.com/privacy for more information.