Are Trump's tariffs legal?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 28 July 2025
⏱️ 15 minutes
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Summary
Over the weekend, President Trump announced a new trade deal with the EU: 15% tariffs on most goods in exchange for the EU’s promise to purchase U.S. energy. But a court case brought by a group of small businesses could derail Trump’s tariff agenda. We’ll explain what’s at stake. Plus, a reminder to get outside and enjoy what nature has to offer. (But stay cool!)
Here’s everything we talked about today:
- "EU-US tariffs: five key takeaways from the trade deal" from The Guardian
- "US and EU reach tariff agreement" from “Marketplace Morning Report”
- "EU's pledge for $250 billion of US energy imports is delusional" from Reuters
- "Japan Expects Only 1-2% of $550 Billion US Fund to Be Investment" from Bloomberg
- "Trump's economy faces historic week on interest rates, trade, jobs and more" from Axios
- "Trump's trade deals and tariffs are on the chopping block in court. What happens next" from CNBC
- "Texas buys land for new state parks that will be developed using $1 billion voter-approved fund" from The Texas Tribune
"A 100-year-old on a bike? Yes. ‘The right to wind in your hair’" from The Washington Post
We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
Transcript
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| 1:04.3 | Hey, everyone. I'm Rima G-Rais. |
| 1:08.7 | Welcome back to Make Me Smart, where we make today make sense. |
| 1:12.4 | And I'm Kimberly Adams, joining you all from Aspen, Colorado today. It is Monday, July the 28th. |
| 1:19.0 | Yeah, I'm here for a conference. It is so pretty here. And it's been like really inspiring, |
| 1:26.0 | talking to lots of cool people. |
| 1:28.6 | But anyway, it's a news and smiles kind of day. |
| 1:31.6 | So let's start with the news. |
| 1:34.1 | I know our stories are kind of tied together. |
| 1:37.3 | And so, of course, as you may have heard over the weekend, especially if you were listening |
| 1:41.1 | to my colleague, Nancy Marshall Ginser on Marketplace Morning Report this morning. |
| 1:45.2 | You know that there is an EU-US trade deal reading here about it in The Guardian. |
| 1:52.5 | They talk about that the centerpiece of the deal is a 15% baseline tariff on EU exports to the US.S. with the exception of steel, which is still being |
... |
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