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Marketplace

Auto repair shops struggle under Trump's tariffs

Marketplace

American Public Media

Business, News

4.68K Ratings

🗓️ 20 June 2025

⏱️ 30 minutes

🧾️ Download transcript

Summary

In the “tariffs the Trump administration has announced and actually put into long-term effect” category? A 25% tax on some automotive parts. In this episode, we visit an auto repair shop in Vermont where unexpected price increases are affecting business. Plus: Cities invest in revitalized waterways as recreational moneymakers and the Philly Fed reports manufacturing employment slumped in the region.


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Transcript

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0:00.0

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0:28.5

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0:34.3

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0:39.5

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0:47.1

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0:53.7

It's about keeping

0:54.4

everything secure. On the program today, the past five days in this economy, because, you know,

1:02.4

it's Friday. Then we got to talk tariffs. But then a little ultimate frisbee. From American

1:09.3

public media, this is Marketplace.

1:20.5

In Los Angeles, I'm Kyle Rizzdahl.

1:22.7

It is Friday.

1:23.7

Today, this one is the 20th of June.

1:26.2

Good as always to have you along, everybody. Big

1:28.3

week this week, you know, geopolitics, of course. The Federal Reserve also, of course. And so, of course,

1:35.9

we've got Courtney Brown from Axios here, also Citi Brady, the Washington Bureau Chief at MSNBC. Hey, you two.

1:42.7

Hey, Kai.

1:43.1

Hey, Kai. Courtney, let me begin with you, and we'll talk Jay Powell first, I suppose.

1:48.8

Fed meeting this week, the chair came out and in his press conference said what we all

1:53.5

expected him to say, which is things are fine.

1:55.7

We need more data.

...

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