President Trump claims a main goal of his crippling tariffs is to address the U.S. trade deficit. So is the U.S. trade deficit a problem? On today's show, why we'll never have a trade surplus with every single country; what the benefits of a trade deficit are; and whether or not the trade deficit affects jobs.
Related episodes:
Tarrified! We check in on businesses (Apple / Spotify)
Why there's no referee for the trade war (Apple / Spotify)
Common economic myths debunked (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Engines of Our Ingenuity - The Engines of Our Ingenuity 2780: Mail Plane to History Maker
Episode: 2780 Mail Plane to History Maker. Today, a very odd design feature.
Cato Daily Podcast - Don’t Ask the Fed to Fix Bad Trade Policy
The Federal Reserve can blunt the impact of a good deal of politically driven economic mischief. What about the new punitive tariff regime from the President? Jai Kedia suggests that you not get your hopes up.
Hosted on Acast. See acast.com/privacy for more information.
The Indicator from Planet Money - Tariffied! We check in on businesses
Trump's wave of tariffs is here. Just about everyone in the world of business is still processing exactly what this means. It's a massive, widespread increase in taxes. Today on the show, we hear from business people we've had on the show who tell us what they're doing in response to the latest, and largest, wave of tariffs.
Related episodes:
Trump's contradictory trade policies (Apple / Spotify)
How's ... everybody doing? (Apple / Spotify)
How Shein became a fast-fashion behemoth (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Related episodes:
Trump's contradictory trade policies (Apple / Spotify)
How's ... everybody doing? (Apple / Spotify)
How Shein became a fast-fashion behemoth (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Engines of Our Ingenuity - The Engines of Our Ingenuity 1349: Short-Lived Technologies
Episode: 1349 Short-lived, but dramatic technologies. Today, technologies that last only a little while.
Engines of Our Ingenuity - The Engines of Our Ingenuity 1348: Castel Del Monte
Episode: 1348 Castel del Monte: in which Frederick II plays with geometry. Today, we wonder why a castle was built.
Engines of Our Ingenuity - The Engines of Our Ingenuity 1347: Inventing Money
Episode: 1347 The invention of money: an abstraction of goods and services. Today, a history of money.
Cato Daily Podcast - The Triumph of Fear: Domestic Surveillance and Political Repression from McKinley Through Eisenhower
With respect to the substantial federal power to repress and surveil Americans, how did we get here? Patrick Eddington provides the first part of the story in The Triumph of Fear: Domestic Surveillance and Political Repression from McKinley Through Eisenhower.
Hosted on Acast. See acast.com/privacy for more information.
The Indicator from Planet Money - How states are scooping up federal workers
It's Jobs Friday and all eyes are on government workers. Will the Trump administration's layoffs finally show up in the latest jobs report? Today on the show, we look at the numbers for federal workers and who's trying to hire them.
Related listening:
Can ... we still trust the monthly jobs report (Apple / Spotify)
The last time we shrank the federal workforce (Apple / Spotify)
A 'Fork in the Road' for federal employees (Apple / Spotify)
How local government is propping up the U.S. labor market
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
Related listening:
Can ... we still trust the monthly jobs report (Apple / Spotify)
The last time we shrank the federal workforce (Apple / Spotify)
A 'Fork in the Road' for federal employees (Apple / Spotify)
How local government is propping up the U.S. labor market
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
More or Less: Behind the Stats - Trump tariffs: All about the deficits
US President Donald Trump has announced sweeping tariffs on global trade, adding taxes of as much as 50% to imports from some countries.
The tariffs, he says, are ?reciprocal? ? calculated to address currency manipulation and trade barriers that other countries place on the US.
However, when you look at how the new tariffs were actually calculated, that claim does not add up.
Tim Harford speaks to Thomas Sampson, an associate professor at the London School of Economics, to understand what is going on.
Presenter: Tim Harford Producers: Lizzy McNeill and Nathan Gower Series producer: Tom Colls Production co-ordinator: Brenda Brown Sound mix: Neil Churchill Editor: Richard Vadon