How long will Trump’s tariffs last?

President Donald Trump told reporters last night that he doesn’t want stocks to go down but that “sometimes you have to take medicine to fix something.” A key matter is whether 10% across-the-board tariffs — and country-specific ones as high as 49% — are permanent, considering the global market meltdown. The big jumps kick midweek. Also on the program: an interrogation of Americans’ debt and the weight of carrying debt in old age.