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Marketplace All-in-One - The EU, Canada and Mexico are in the tariffs line of fire

From the BBC World Service: The U.S. is doubling tariffs on most imported steel and aluminum, raising them from 25% to 50%. The stakes are extremely high — around one quarter of all steel and half of all aluminum used in the U.S. is imported. Meanwhile, the European Commission is unveiling its 2026 budget proposal, and Wednesday marks the deadline the U.S. has set for countries to provide their best offer on trade negotiations. Plus, on International Cheese Day, we hear how Gen Z's tastes are changing.

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Up First from NPR - Imported Steel Tariffs Double, White House Rescission Request, Gaza Aid Paused

Starting today, the tax on imported steel and aluminum doubles to 50 percent. The White House has formally asked Congress to take back $9.4 billion dollars in funding for foreign aid and public media. And, the U.S.-backed Gaza Humanitarian Foundation pauses food distribution for the day following another deadly shooting by the Israeli military near one of its sites.

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Today's episode of Up First was edited by Pallavi Gogoi, Gerry Holmes, Carrie Kahn, Lisa Thomson and Adriana Gallardo. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from David Greenburg and our technical director is Carleigh Strange.

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WSJ What’s News - U.S. Doubles Steel, Aluminum Tariffs to 50%

A.M. Edition for June 4. President Trump’s tariffs on imported steel and aluminum jumped overnight, leading industry players to warn of price increases and potential shortages. Plus, Journal finance editor Alex Frangos discusses the Federal Reserve’s decision to lift its longstanding cap on Wells Fargo’s assets, imposed as punishment for a fake-accounts scandal. And American Clean Power Association CEO Jason Grumet weighs in on the debate over phasing out clean-energy tax credits that’s dividing some Senate Republicans. Luke Vargas hosts.  


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Big Technology Podcast - Anthony Scaramucci: Elon Musk’s Trump Exit, Tim Cook’s Tariff Problem

Anthony Scaramucci is the founder and managing partner at SkyBridge Capital, and host of The Rest Is Politics US. Scaramucci joins Big Technology Podcast to talk about his brief experience as Trump's communication director, what derailed Elon Musk’s White House stint, the problems with Trump’s 'Big Beautiful Bill,' the state of the trade war, Tim Cook’s tariff troubles, bitcoin, and more. We also cover Long Island culture at the top of the show, if you’re into that. Tune in for a fast paced, fascinating look into the state of the global economy and the tech titans trying to ride it to results.

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Code Story: Insights from Startup Tech Leaders - S11 Bonus: David Asamu, Nesla

David Asamu grew up in Nigeria and got into technology early, through serving his community. He attended University, and continued his community efforts there, and was introduced to the joys of Python programming. Outside of tech, he spends time with his significant other and family. He enjoys soccer, whether it is watching over playing. When asked about food, he mentioned loving Nigerian delicacies, such as Jollof rice.

Previously, David was working at a fintech company. While he was there, he and his friends were observing the trends around AI - and they wanted to get more involved. So they got together and built something over the weekend... and eventually decided to advance AI through research.

This is the creation story of Nesla.

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The Intelligence from The Economist - He’s got Seoul: South Korea’s new leader

The election of South Korea’s new president represents a resounding rejection of the political turmoil that preceded the campaign. Our correspondent explains the domestic and international challenges ahead. How Africa’s diaspora is shaping Afrobeats (10:06). And why culling dingoes in Australia may be a mistake (16:44).


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The Daily - Inside Operation Spider’s Web

Operation Spider’s Web was an audacious Ukrainian sneak attack that caused billions of dollars in damage to Russian warplanes — using drones that cost as little as $600.

Marc Santora, a reporter covering the war in Ukraine for The New York Times, explains why this strike on Sunday, which extended 3,000 miles into Russia, is already being seen as a signal event in the evolution of modern warfare.

Guest: Marc Santora, has been reporting from Ukraine since the beginning of the war with Russia.

Background reading

In its attacks on Russian airfields, Ukraine aimed for a strategic and symbolic blow.

Ukraine showed it can still flip the script on how wars are waged.

For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.

Photo: Capella Space/Handout, via Reuters

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