President Trump speaks fondly of William McKinley, the 25th U.S. president who was a strong advocate for tariffs. He's credited with helping to protect the fledgling tinplate industry in the late 19th century. But did the tariff work? We take a closer look at McKinley's tinplate tariff and if it was worth the cost.
Related episodes on tariffs: Trump threatens the grim trigger (Apple / Spotify) Canada's key resource against Trump's possible trade war (Apple / Spotify) Why Trump's potential tariffs are making business owners anxious (Apple / Spotify) Trump's contradictory trade policies (Apple / Spotify) How Trump's tariff plan might work (Apple / Spotify) Worst. Tariffs. Ever. (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
The White House is asserting the ability to defy longstanding legal and constitutional rules. It's almost certainly not an accident. Walter Olson comments.
In the morning, a tariff war; in the evening, a declaration of a truce in the tariff war. If there's no tariff war, was there ever going to be a tariff war? Were we silly for taking it seriously? And what does this portend for the talks with Israel on its war with Hamas, now currently quiescent? Give a listen.
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With Donald Trump's blessing, Elon Musk and a small crew of inexperienced software engineers take near full control of the government, moving to shut down USAID and the Consumer Financial Protection Bureau, and taking control of a critical payment system at the Treasury Department. Trump delays his trade war with Canada and Mexico by a month after securing minor concessions that were probably already in the works. Meanwhile, congressional Democrats begin to push back harder—though whether it'll be enough is still an open question. Jon, Lovett, and Tommy break down all the latest, and Lovett speaks with former Obama and Biden economic adviser Brian Deese about just how bad things could get if a real trade war kicks off over the next four years.
For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.
In 2021, Andy Corren published an obituary for his late mother in The Fayetteville Observer. "A plus-sized Jewish lady redneck died in El Paso on Saturday," he wrote. His colorful, candid remembrance went viral on Twitter, and now Corren has expanded the tribute into a memoir. Dirtbag Queen recounts the author's experience of growing up in Fayetteville, North Carolina, with a single, Southern, unconventional mother of six children. In today's episode, Corren speaks with NPR's Scott Simon about the bowling alley that anchored the author's childhood, nights spent in the city's red-light district, and being raised in his mother's image.
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President Donald Trump had promised new tariffs on Canada, Mexico and China. However, after negotiations with both Mexico and Canada on Monday tariffs against those countries are paused for at least a month. He said tariffs are not a negotiating tool, but he's used them as one as recently as January in a dispute with Colombia. Today, we dissect the game theory behind Trump's use of tariffs.
Related episodes: Canada's key resource against Trump's potential trade war (Apple / Spotify) How tariffs have been used throughout US History (Apple / Spotify) The game theory that led to nuclear standoffs (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Financial regulation comes in many forms, and freeing Americans from the most pernicious ones should be a high priority for Congress. Jennifer Schulp and Norbert Michel explain where to start.
Beautiful Brace Belden joins us to look at Trump’s tariff’s, possible annexation of Canada, halt on federal funding, and other breaking admin news. We also discuss New York Mag’s party report from the NYC MAGA scene, and Brace briefs us on what we should know about the murderous “Zizian” rationalists, and how they fit in among all the other people who’ve broken their brains online.
TrueAnon’s in-depth coverage of the Zizians here: https://pod.link/1474001390/episode/a778bfc3221464a5eff8d657bc89eb8a