Why Has the Tariff Effect Been So Mild?

P.M. Edition for Aug. 6. President Trump’s tariffs have so far only caused minor disruptions. WSJ economics reporter Jeanne Whalen joins to discuss why we haven’t seen an economic earthquake. Plus, President Trump plans to meet with Russian President Vladimir Putin to discuss ending the war in Ukraine. And American carmakers are focusing less on electric vehicles and more on gas-guzzling vehicles like pickups and SUVs. We hear from Sharon Terlep, who covers the auto industry for the Journal, about what’s changed. Alex Ossola hosts.

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