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<p>In this episode of <em>Trumponomics</em>, we explore whether Donald Trump’s attack on Iran changes the calculus on his “reciprocal” tariffs and a looming deadline. <br><br>Host Stephanie Flanders is joined by John Authers, senior editor for markets and a <em>Bloomberg Opinion</em> columnist, and Shawn Donnan, senior reporter covering economics, to discuss how markets have been thinking about the July deadline, and how the multitrillion-dollar price tag for the “big beautiful bill” Trump hopes to get through Congress may have raised the probability of a baseline 10% tariff.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>