The tariff roller coaster. For Marketplace, I'm Nancy Marshall Ginsburg in Washington. The Trump

administration is proposing new tariffs on 60 countries. This comes a day after the president

lowered tariffs on some agricultural and manufacturing machinery. Now the administration

might hike different import taxes to partially

replace the ones struck down by the Supreme Court in February. Marketplace's Nova Saffo has the

details. The U.S. Trade Representative's office says it has completed probes into 60 countries looking at

forced labor violations. It wants to impose tariffs of 10% or 12.5%. Among the countries involved,

Mexico, Canada, China, and the European Union. There will be exceptions for some products,

including rare earths and pharmaceuticals. The Trump administration has been seeking to rebuild

its global tariffs under new authorities after the Supreme Court

invalidated the use of emergency powers. One of the most direct legal pathways available is

unfair trade practices investigations. I'm Nova Safa for Marketplace.

Alphabet, the parent company of Google, is doing something it hasn't done in 20 years,

offering new equity in the

company. It plans to sell $80 billion worth of stock and use the money to invest in. You guessed it,

AI. Big Tech is expected to spend more than $700 billion on AI infrastructure this year,

and the spending spree is hitting a turning point, consuming

almost all of the revenues these companies bring in. Marketplaces Megan McCarty Carino has more.

Before the AI era, Alphabet, Microsoft, Amazon, and META were basically cash printing machines.

They made so much more money than they spent. They regularly bought back

their own stock, giving billions to their shareholders, says Jacob Bourne, a tech analyst at e-marketer.

These were the biggest cast giants of the modern economy. And now in just a matter of a couple

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