Happy Liberation-Day-tariff-palooza-versary
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 1 April 2026
⏱️ 25 minutes
🧾️ Download transcript
Summary
Thursday marks one year since President Trump announced sweeping tariffs on basically all imported goods — how time flies! The name of the game was uncertainty: U.S. small businesses pivoted from growth plans to stay-afloat plans, consumers grew gloomy but kept spending, and the U.S. manufacturing sector shed jobs. All while the rest of the world sorta shrugged and moved on. In this episode, we reflect on the year of the tariff.
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Transcript
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| 0:00.0 | This is one of those days, gang, where there is all kinds of other news. |
| 0:07.7 | But I'm obliged to remind you, as always, the economy doesn't just stop, you know. |
| 0:13.7 | From American public media. |
| 0:16.0 | This is Marketplace. |
| 0:29.2 | In Los Angeles, I'm Kai Rizzdahl. |
| 0:30.4 | It is Wednesday. |
| 0:33.0 | Today, this one is the first day of April. |
| 0:34.7 | Good as always to have you along, everybody. |
| 0:36.2 | Well, let's see. |
| 0:38.7 | There was that Supreme Court oral argument this morning. |
| 0:41.2 | There's a rocket going to the moon this afternoon. |
| 0:48.2 | And a speech by the president tonight signifying nobody knows quite what just yet about the war. |
| 0:52.5 | So while we wait for things to play out, we here are going to stick to our knitting. |
| 0:54.6 | And we are going to do it with an eye on the calendar. Tomorrow makes it a year to the day since President Trump decided he was going |
| 0:59.7 | to tariff goods from just about every country on the planet, including, and I am not making this |
| 1:04.1 | up, a colony of penguins near Antarctica. The Supreme Court, as you know, said the president couldn't do tariffs the way he wanted to do |
| 1:13.2 | tariffs. |
| 1:13.6 | So the White House is and has been working hard to find new ways to tax Americans for the imported |
| 1:19.7 | products that they buy. |
| 1:21.6 | Other countries, meanwhile, as if we needed another reminder that incentives matter, |
| 1:26.5 | other countries have been turning away from |
| 1:28.2 | the United States and toward each other. Marketplace of Supreme Benishore gets us going with that. |
... |
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