The Daily Why a Worrisome Economy Doesn’t Seem to Worry Trump
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Mar 21, 2025 
Ben Casselman, chief economics correspondent for The New York Times, and Maggie Haberman, White House correspondent, discuss Trump's surprising resilience in the face of economic downturns. They explore how his aggressive policies, particularly tariffs, are affecting consumer confidence and the financial markets. Despite rising inflation and skepticism from economists, Trump remains unapologetic. The conversation sheds light on the complexities of his economic agenda, the shifting public sentiment, and the political ramifications leading into the midterms.
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Tariff Effects
- Tariffs raise prices, impacting both consumers and businesses.
- This contradicts Trump's campaign promises of controlling inflation, leading to increased consumer anxiety.
Shifting Rhetoric on Tariffs
- Trump's rhetoric has shifted from promising immediate economic improvement to acknowledging potential pain, including recession.
- This candor contrasts with typical presidential messaging, but the policies may worsen the situation.
Economists on Tariffs
- Economists widely agree that Trump's broad tariffs are damaging.
- While some economists debate the effects of free trade, there's consensus that tariffs won't reindustrialize the US.