Can you tariff-proof a cocktail?
Make Me Smart
Marketplace
4.6 • 5.4K Ratings
🗓️ 5 April 2025
⏱️ 31 minutes
🧾️ Download transcript
Summary
On this edition of “Economics on Tap,” Kimberly and Sabri discuss how it’s nearly impossible to tariff-proof your shopping list (or cocktail) because of the way our global economy works. They also get into why reshoring might be easier said than done. Plus, could Congress claw back some of the authority on tariffs? And the hosts weigh in on this season of “White Lotus” in a round of Half-Full/Half-Empty!
Here’s everything we talked about today:
- “These cocktails and wines could get pricier if Trump imposes tariffs” from The Washington Post
- “US Senate Republican pushes to require congressional approval for new tariffs” by Reuters
- “House Republican moves to rein in tariff powers” by Politico
- “Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth” from The New York Times
- “The Revolving Restaurant Is Back Again (and Again)” from The New York Times
- “Americans Rush to Buy TVs, Soy Sauce, Lululemon Workout Gear” from The Wall Street Journal
- “This Financial Firm Can Give Investment Advice in Gen Z Slang, No Cap” from The Wall Street Journal
- from Yahoo Entertainment
Got a question or comment for the hosts? Email [email protected] or leave us a voicemail at 508-U-B-SMART.
Transcript
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| 0:00.0 | Hello, listeners. Our goal at Marketplace is to raise the economic intelligence of the country, |
| 0:06.5 | and that goes for teens and young adults, too. The newest season of Financially Inclined, hosted by |
| 0:12.2 | Janelli Espinall, tackles topics like how to align your values with your money decisions, |
| 0:18.5 | the skill of negotiating, and what you can get out of internships. |
| 0:23.5 | Financially inclined is presented in partnership with Greenlight, the debit card and money app for teens. |
| 0:29.8 | Greenlight helps teens learn to earn, save, spend wisely, and invest. |
| 0:34.8 | Tune in to financially inclined wherever you find your podcasts. |
| 0:40.2 | I miss R-Tax. I know. I know. Our tax didn't come to the office today. |
| 0:49.3 | Hello, everyone. I am Kimberly Adams. Welcome back to Make Me Smart, where we make today makes sense. |
| 0:54.9 | Kai is out for spring break, hopefully having a glorious time. But joining me on the show today is the equally glorious Sabri Beneshore. Hey, Sabri. |
| 1:03.6 | Hi, Kimberly. Yep, I'm Super Benishore. Kai, I think, is in Portugal or something. But I know he's having a great time. |
| 1:10.3 | Yeah. Thanks everyone for joining us. |
| 1:12.0 | It's Wednesday. No, it's Friday, April 4th. Thank God. That's funny. On Wednesday, you thought |
| 1:18.7 | it was Monday, and on Friday you think it's Wednesday. It's okay. It's like that sometimes. |
| 1:25.2 | Yeah. Anyway, we are here for our weekly happy hour episode. We call it |
| 1:29.2 | Economics on Tap. We're going to do some news and we're going to play a game. But first, |
| 1:33.1 | let's talk drinks. Sabri, what you got? Okay, I have this thing called ketones. I don't |
| 1:41.1 | if you can see that. So because you blurred your background, we can't see it. You have to turn off your background blur. |
| 1:46.3 | No, if I do that, you're going to see how, like, devastatingly chaotic with this room is. |
| 1:51.4 | Okay. |
| 1:51.7 | Well, anyway, what's it called? |
| 1:53.5 | All right, it's a clear liquid. |
... |
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