Marketplace All-in-One - Congress’ tug-of-war for tariff authority

Today, we’re answering questions from our listeners about everything going on in this economy (we know, it’s a lot). Like, whatever happened to that bipartisan bill that would pass authority over tariffs back to Congress? We’ll get into the status of the legislation and how states are jumping into the fight. Plus, we’ll discuss the legality of the Trump administration’s funding freezes and how foreign trade zones are helping some companies avoid sky-high tariffs.


Here’s everything we talked about today:


“Congress gave presidents power over tariffs. They could aways take it back” from CNN Politics


“12 States Sue Trump Over His Tariffs” by The New York Times


“Trump says he has 'no intention' of firing Fed Chair Jerome Powell” from AP News


“If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell” by CNBC


“How Congress — and not the president — controls how taxpayer money is spent” from Marketplace


“Trump tariffs lead to surge of companies parking imports in tax-free 'foreign trade zones’” from CNBC


“How Foreign Trade Zones In The U.S. Came Into Existence” by NPR


Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Motley Fool Money - Why is Berkshire Hathaway Hoarding Cash?

Warren Buffett’s conglomerate has more cash on the books than any company in history.


(00:21) Matt Argersinger and Ricky Mulvey discuss:

- What home sales data says about the economy.

- A traffic slowdown at Chipotle, and the restaurant chain’s strong unit economics.

- The reasons why Warren Buffett could be sitting on record cash.


Then, (17:06) Mary Long and Asit Sharma continue their conversation about AMD, and discuss the impact of tariffs and export controls on the chip designer.


Companies discussed: DHI, CMG, BRK.A, BRK.B, AMD


Host: Ricky Mulvey

Guests: Matt Argersinger, Mary Long, Asit Sharma

Engineers: Dan Boyd, Rick Engdahl

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The Journal. - Taking Stock of the ‘Sell America’ Trade

Something strange happened in the US financial system earlier this week: the stock market, the bond market, and the value of the dollar all slumped. This volatility andrecent threats to fire Fed chief Jerome Powell are unnerving foreign investors, who are flocking to a new phenomenon called the Sell America trade. WSJ’s Chelsey Dulaney explains what Sell America means for decades of American finance primacy. Jessica Mendoza hosts.


Further Listening:

-Trump’s Tariffs Force a New Era in Global Trade 

-Trump Allies Draft Plans to Rein in the Fed  


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Science In Action - Wet market SARS CoV-2 origins revisited

Last week, the website covid.gov looked very different, containing information on coping with covid and US research. This week it leads you to a White House webpage outlining the lab-leak hypothesis – that the pandemic was the result of dodgy lab work at the Wuhan Institute of Virology. The scientific consensus however continues to suggest a zoonotic crossover event. And a preprint recently published by Zach Hensel of ITQB NOVA (NOVA University Lisbon) and Florence Débarre of the Sorbonne, adds new early sequences to the evidence base. As they suggest, it doesn’t seal the debate, but it certainly doesn’t surprise the scientists.

As the Trump administration continues to rattle swords with US science, we speak with Lisa Fazio of Vanderbuilt University who found out abruptly her funding from the National Science Foundation is ending, and Don Ingber, founding director of Harvard University’s Wyss Institute about the impacts they are feeling from the federal belt tightening.

Finally we learn this week of an eerie species of Hawai’ian caterpillar moth. Not only is it carnivorous, but it ties small pieces of the indigestible remains of insects and bugs found in spider webs to its case, like a gruesome, camouflaged suit of armour. Why? As Dan Rubinoff of Hawai’i describes, it protects it from the hungry host spider, making it appear as the leftovers of yesterday’s dinner, or perhaps the shed exoskeleton of the spider itself.

Presenter: Roland Pease Producer: Alex Mansfield Production Coordinator: Josie Hardy

(Image: The view of Huanan seafood market on February 9, 2021 in Wuhan, Hubei Province, China. Credit: Getty Images)

The Bulwark Podcast - S2 Ep1028: Cory Booker: A National Crisis and a Global Crisis

Donald Trump is trying to foist the worst peace deal in the last 100 years on Ukraine, as he gets repeatedly played by foreign leaders on the world stage. At home, he's turned JFK's "Ask not" upside down to 'Ask what you can do for Donald Trump.' But when will the cowardly law firms or CEOs groveling for a tariff exemption stand up for patriotism, our core constitutional values—and America's better vision of itself? Plus, Tim challenges an 11-year-old block from Twitter's golden era, and Booker shares diet & exercise tips.

Sen. Cory Booker joins Tim Miller.

State of the World from NPR - What Is the Relationship Between Russia and the U.S. Now?

The sometimes cold and often frozen relationship between Russia and the U.S. has gotten a lot warmer since President Trump took office. And even though the American drive to broker a peace deal between Russia and Ukraine may be faltering, the desire to do big business deals with the Kremlin has not. We go to Moscow to look at how the relationship between the two countries has changed, from the Russian perspective.

CORRECTION: A previous version of the audio in this story misidentified Pete Hegseth as the secretary of state. He is the secretary of defense.

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CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Crypto’s Next ‘Face Melting Breakout’

The latest price moves and insights with Jennifer Sanasie, Andy Baehr and Hyperion Decimus co-founder Chris Sullivan.

To get the show every day, follow the podcast here.

Hyperion Decimus co-founder Chris Sullivan joins CoinDesk to discuss the current crypto market dynamics amid global economic uncertainties and explains why we may need to see bitcoin cool off for potential "face melting" breakouts. Plus, outlook for further institutional adoption, regulatory impacts and hedge fund strategies.

This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.

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This episode was hosted by Jennifer Sanasie and Andy Baehr. “Markets Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Stuff They Don't Want You To Know - Listener Mail: Signal vs. Telegram, Supply Chain Raids, Everyone Hates EvilCore

Privacy Guy continues the conversation about encryption and state-level powers. Art Vandelay notes recent issues with tariffs and supply chains. Multiple Conspiracy Realists follow up with Ben and the gang on the actions of an insurance-adjacent business called Evicore. All this and more in this week's listener mail segment.

They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

See omnystudio.com/listener for privacy information.

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1A - ICYMI: State Department Cuts, Ukraine And American Diplomacy

The White House has issued an ultimatum on the war in Ukraine. Vice President JD Vance said Wednesday that the U.S. would walk away from the peace process unless Ukraine and Russia accepted America's terms – terms which heavily favor Russia.

Ukrainian President Volodymyr Zelenskyy has rejected the deal which calls for Ukraine to cede its territory currently occupied by Russia. Thursday morning, Russia launched its deadliest attacks on Kyiv in months.

Meanwhile, Secretary of State Marco Rubio announced this week he's overhauling his agency – saying it will lose 15 percent of its personnel and 132 offices.

We discuss what that could mean for Ukraine and the future of American Diplomacy.

Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.

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