Duty regime: America’s consumers will foot the tariff bill

In this episode of The Intelligence, host Jason Palmer and The Economist's Business Affairs Editor, Roshana Shanbog, discuss the new tariffs imposed by the Trump administration, examining their potential impact on the American economy, businesses, and consumers, and the long-term consequences of these trade policies. The episode also features Shashank Joshi, who reports on the militarization of space, detailing the US Space Command's preparations for potential conflicts in orbit, the increasing capabilities of China and Russia, and international collaborations in space defense. Finally, Caitlin Talbot explores the trend of Gen Z's obsession with large, personalized water bottles, discussing their role as fashion accessories, the influence of social media, and the broader cultural shift towards constant hydration.