As NPR's Daily Economics Podcast, the Indicator has been asking businesses how tariffs are affecting their bottom line.

I paid $800,000 today.

You paid $800,000 in tariffs today.

Yes.

Wow.

And what that means for your bottom line.

Listen to the indicator from Planet Money.

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Live from NPR News in Washington, I'm Jack Spear. European officials say President Trump's

threat to impose a 50% tariff on the European Union will cause suffering in both the U.S.

and Europe. NPR's Rob Schmitz reports from Berlin.

German foreign minister, Johann Vodapult, said Germany will be counting on further negotiations

with the Trump administration as well as support from the European Commission in defending

the European market from Trump's threatened 50 percent tariff, which in a post on truth social,

he said the U.S. would impose starting in June.

The president also threatened a 25 percent tariff on Apple products unless iPhones begin to be

manufactured in America.

The European Commission's stance on trade with the U.S. is that it's roughly in balance

if both goods and services are calculated.

Rob Schmitz, and PR News, Berlin.

A federal judge blocked the Trump administration's attempt to revoke the ability of Harvard

to enroll international students, a judge issuing a temporary restraining order,

...