Marketplace All-in-One - The trade war hits China’s factory output
From the BBC World Service: New data shows China's manufacturing activity took a sharp dip in April — a sign that the ongoing trade war with the U.S. is starting to bite. Then, President Donald Trump signed an executive order to slash import duties on car parts in a short-term move to help U/S/ automakers. Plus, the U.K. is scrapping a centuries-old tax perk that lets wealthy foreigners shield their global assets.
Marketplace All-in-One - Meta’s news blackout in Canada causes problems during election
Canada's liberal party and its leader Mark Carney are set to remain in control after the country held federal elections Monday. They were the first since Canada adopted the Online News Act in 2023, which requires online content providers — like social media platforms — to negotiate some sort of "fair" payment to news publishers in exchange for using their content. They can also do what Meta did — block news from their Facebook and Instagram platforms altogether. Marketplace’s Meghan McCarty Carino spoke with Marketplace Senior Washington Correspondent Kimberly Adams, who’s been reporting on the election from Canada, to learn more about that law and what happened to the online news environment after it passed.
Marketplace All-in-One - Tariff fears likely shrunk the GDP
When new gross domestic product data comes out tomorrow, economists expect we'll see the first GDP contraction in three years. But the report is backward-looking, so if the GDP did shrink, it will be thanks to tariff-related anxiety in the first quarter, rather than actual tariff implementation that kicked off in April. Also in this episode, some workforce stories: Why hiring more FAA air traffic controllers won’t be easy, a worker navigates Wyoming’s trona mining industry and a bathtub helps us understand the labor market differential.
Marketplace All-in-One - The Canadian economy goes “elbows up”
After declaring victory in yesterday’s Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump’s on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump’s tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.
Plus, we’ll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout.
Here’s everything we talked about today:
"Trump knows exactly what he just triggered in Canada" from CBC News
"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News
"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times
"Mike Myers Is Ready to Defend Canada" from The New York Times
"Canada says its friendship with the US is ‘over.’ Now what?" From Politico
"The future of the USMCA" from the Peterson Institute for International Economics
We want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Reset with Sasha-Ann Simons - Chicago Debates Teen Curfews And Compromises
Marketplace All-in-One - U.S. tariffs and Canadian elections
For many in Canada, trade policy and the rhetoric of a leader south of the Canadian border were front of mind when heading to the polls. Kimberly Adams went to polling places in the province of Ontario yesterday to hear more. Today, we'll learn what Canadian voters had to say. Also: DoorDash wants to buy U.K.-based Deliveroo, and Amazon launches an effort to compete with SpaceX’s Starlink satellite system.
Marketplace All-in-One - 100 days of DOGE
For President Donald Trump's 100th day back at the White House, we’re checking in on the cost-cutting efforts of Elon Musk's Department of Government Efficiency, or DOGE. It claims $150 billion in savings from layoffs, canceled government contracts and shuttered agencies. Analysts dispute that number, and it's far short of what Musk had promised. And later: The president is set to give automakers a break on some tariffs.
Marketplace All-in-One - Canada’s prime minister tells Trump: You’ll never own us
From the BBC World Service: After claiming victory in Canada's election, Prime Minister Mark Carney has strong words for the Trump administration. We'll hear what he has to say and unpack the role that antagonism from the U.S. president played in the election. Plus, what does Carney's win mean for Canada's economic relationship with the States? Meanwhile, energy giant BP faces new pressure from investors to pivot back to fossil fuels.
