Stock markets around the world have taken a beating since Donald Trump unveiled his new tariffs. And it's not just the president's blue-collar base who'll feel the pain, so will his billionaire backers. As many in the MAGA coalition become more vocal, will Trump back down or hold fast to his 'medicine'?This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestoryGuest: Gerard Baker, columnist, The Times.Host: Manveen Rana.Producers: Edward Drummond and Sam Chantarasak. Further reading: Trump tests America’s threshold for painClips: CNN, ABC News, CBS News, Bloomberg, NBC News, CNBC, BBC News, New York Post. Photo: Getty Images. Get in touch: [email protected] podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here. Hosted on Acast. See acast.com/privacy for more information.

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