Trump officials signaled tariffs will be once again postponed, possibly to August 1. But as the White House nails down details, some businesses are suffering while they wait. In this episode, retailers explain why ongoing trade negotiations have put a damper on profits. Plus: Consumers could pull back spending if tariff-related worries persist, employment data shows it’s getting harder to find a job, and we check in with Altadena small business owners recovering from the L.A. fires.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
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Trade deals and tariff deadline looms large
Nations the world over have until Wednesday to strike trade agreements with the U.S., or face the return of astronomically high tariffs that were announced — and later paused — in April. But the White House has signaled some wiggle room, saying tariffs might not actually come back until August 1, should countries not make a deal. Plus, in the final installment of our "Buy Now, Pay Later" series, we look into why more people 65 and older are finding themselves in bankruptcy court.
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T-minus two days until Trump's tariff deadline
Wednesday marks the deadline for countries around the world to strike new trade deals with the U.S. The steep reciprocal tariffs President Trump announced, and then delayed, back in April could come roaring back. Or maybe not. Mixed messages from President Trump and his advisors have left the outcome uncertain. But as the Wednesday deadline approaches, there are a number of new developments. Also on the show: consumer inflation expectations and knockoff clothing designs.
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From “Million Bazillion”: What are tariffs?
Since President Trump began imposing on-and-off tariffs earlier this year, “tariff” has become a buzzword. And you might have a kid in your life who’s asked what the deal with tariffs is all about. So today, we’re sharing an episode from the latest season of Million Bazillion that breaks down how they work. Hosts Bridget and Ryan help out a local fifth-grader whose slime business is facing competition from a rival school. Could a tariff solve her problem?
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Bytes: Week in Review - AI regulation ban dies, renewable energy credits hit and Amazon’s millionth robot
On this week’s “Marketplace Tech Bytes: Week in Review,” Marketplace’s Nova Safo and Paresh Dave, senior writer at WIRED, discuss Amazon releasing its 1 millionth robot at one of its warehouses. Plus, lawmakers contended with provisions dealing with artificial intelligence and renewable energy in that big tax and spending bill, recently passed by Congress, that consumed Washington this week.
Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media.
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