Global markets are reeling after President Trump’s latest tariff announcement last week, prompting business executives like JP Morgan CEO Jamie Dimon to speak out against Trump’s trade agenda. This comes just a few months after Dimon previously said to “get over” Trump’s tariff threats. Kai has thoughts. Plus, we’ll get into how long it could take for global trade to rebalance and what some conservative think tanks are saying about all the tariff upheaval.

Here’s everything we talked about today:

“JPMorgan CEO Jamie Dimon Warns Tariffs Will Raise Prices, Slow Growth” from The Wall Street Journal

“Jamie Dimon says Trump's tariff policy is positive for national security so people should 'get over it'“ from CNBC

“New tariffs could spell major trouble for global economy” from the Competitive Enterprise Institute

“Trump’s Tariffs Are an Economic Emergency for Americans” from the American Enterprise Institute

“Brace for Impact, America. Trump’s Tariffs Will Soon Hit Your Bank Accounts” from the Cato Institute

Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Is the tide turning against Trump’s tariffs?