Yesterday, in the Rose Garden, President Trump sent out a clear message: the era of globalization is over. Trump announced sweeping tariffs on trillions of dollars of imports. The new duties immediately shook Wall Street and sent stocks plummeting. WSJ’s White House economic policy reporter Brian Schwartz explains how President Trump has wanted this day to happen for decades. And we talk to an American business owner who is deeply worried about what these tariffs mean for his company’s survival. Kate Linebaugh hosts.

Sign up for WSJ’s free What’s News newsletter. 

Further Listening:

- The Trade War With China Is On 

- Trump’s Tariff Whiplash  

Learn more about your ad choices. Visit megaphone.fm/adchoices