Trump’s economy is marked by uncertainty. What could more tariffs mean for you?
US President Donald Trump speaks about the economy in the Oval Office of the White House on August 7, 2025, in Washington, DC.
Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
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Photo by BRENDAN SMIALOWSKI/AFP via Getty Images
When President Trump came into office, he promised to fuel an economic boom with a magic bullet: tariffs. They’re taxes added to a wide range of imports. And money is coming in, more than $30 billion a month so far.
Eight months into Trump’s second term, it’s unclear what the larger impact of these tariffs will have on the economy. Despite that, the president keeps promising to roll out new ones. NPR’s Chief Economic Correspondent Scott Horsley explains.
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This episode was produced by Erika Ryan, Kathryn Fink and Lauren Hodges. It was edited by Adam Raney, Courtney Dorning and Raphael Nam. Our executive producer is Sami Yenigun.