This episode explores the multifaceted impacts of the Trump administration's trade war, particularly focusing on its economic consequences for both the US and global markets. Against the backdrop of rising tariffs between the US and China, the podcast highlights the struggles faced by American businesses, exemplified by a Massachusetts-based board game company experiencing significant order cancellations and supply chain disruptions due to triple-digit tariffs. More significantly, the International Monetary Fund's lowered growth forecast for the US economy underscores the widespread economic damage caused by the trade war. The discussion then pivots to the ongoing conflict in Ukraine, detailing the upcoming London meeting between Western European nations and the US to discuss a potential ceasefire. However, differing approaches between the US and European nations, particularly regarding territorial concessions by Ukraine, are highlighted, along with the absence of key US diplomats from the meeting. Finally, the episode concludes with a report on the passing of Pope Francis, covering the public mourning process and the upcoming funeral, which is expected to be a major international event with significant political implications.
