Listen

Description

After promising that tariffs against dozens of countries were here to stay, no matter how much they hurt businesses or the stock market, President Trump has abruptly reversed course.But there’s an exception: his levies on China, which he said he would raise to 125 percent.Jonathan Swan, who covers the White House, explains why the president changed his mind, and David Pierson, who covers China, discusses why Beijing won’t back down.Guest:

Background reading: For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Eric Lee/The New York Times Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

“Educational Disclaimer: This episode is presented as part of an independent archival project dedicated to media literacy and the preservation of modern journalism. The content is curated for academic reference, linguistic study, and socio-economic research purposes. All original rights belong to the respective content creators. Our mission is to provide high-fidelity accessibility and full AI-generated transcripts for students of global discourse and international relations in the 2026 digital era"