In this week's The Reason Roundtable, editors Peter Suderman, Nick Gillespie, Matt Welch, and special guest Mary Katharine Ham discuss President Donald Trump's trade war with China. They also talk about the taxes they hate the most—just in time to celebrate Tax Day.4:30—Trump's trade war with China15:36—How will Trump's tariffs affect the U.S. manufacturing industry?23:06—Is the U.S. middle class hollowed out?34:52—Tax Day is upon us, once again43:31—Listener question about Thomas Jefferson's list of grievances50:21—The Department of Government Efficiency's cost savings update59:59—Cultural recommendationsToday's sponsors:Join the 2025 Great Connections Seminar in Chicago, July 26–Aug 2.  Designed for students 16–24, this week-long experience builds the core skills of entrepreneurship: critical thinking, persuasive communication, and intellectual independence. This year's theme, "Reason and Free Will," explores great minds like Aristotle, Ayn Rand, and Jefferson—not through lectures, but in dynamic, small-group discussions that train students to lead and innovate. Outside the classroom, they'll tour Chicago's museums, try improv, and connect with ambitious peers. In a world of AI and automation, original thinking is your competitive edge. Tuition is just $800, including room and board.  Scholarships available. Apply today at www.reliancecollege.org/reason.Subscribe at YouTube: http://youtube.com/reasontvLike us on Facebook: https://www.facebook.com/Reason.MagazineFollow us on Twitter: https://twitter.com/reasonVisit the archive: https://reason.com/tags/reason-podcast