meta_pixel
Tapesearch Logo
Log in
Marketplace

The consequences of tariff uncertainty

Marketplace

American Public Media

Business, News

4.68K Ratings

🗓️ 7 July 2025

⏱️ 28 minutes

🧾️ Download transcript

Summary

Trump officials signaled tariffs will be once again postponed, possibly to August 1. But as the White House nails down details, some businesses are suffering while they wait. In this episode, retailers explain why ongoing trade negotiations have put a damper on profits. Plus: Consumers could pull back spending if tariff-related worries persist, employment data shows it’s getting harder to find a job, and we check in with Altadena small business owners recovering from the L.A. fires.


Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.


Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

Transcript

Click on a timestamp to play from that location

0:00.0

Let's talk about something that might be keeping you up at night. Cybersecurity. According to Vantar's latest state of trust report, it's the number one concern for UK businesses. That's where Vanta comes in. Whether you're a startup, growing fast or already established, Vanta can help you get ISO-2701 certified and more without the headaches.

0:22.5

And Vanta allows your company to centralise security workflows,

0:26.2

complete questionnaires up to five times faster,

0:28.5

and proactively manage vendor risk to help your team not only get compliant, but stay compliant.

0:34.3

Stop stressing over cyber security and start focusing on growing your business. For a

0:39.5

limited time, our audience gets $1,000 off Vanta at vanta.com slash go. That's va.com

0:47.1

slash go for $1,000 off. Because when it comes to your business, it's not just about keeping the lights on.

0:53.7

It's about keeping everything secure.

0:57.5

You get a tariff, and you get a tariff, and you get a tariff, or maybe not. From American Public Media.

1:08.0

This is Marketplace.

1:18.8

Music Public Media. This is Marketplace. In Los Angeles, I'm Kyle.

1:21.2

It is Monday, today the 7th day of July.

1:24.6

It is always to have you along, everybody.

1:26.3

The macroeconomic lesson to be re-learned here

1:30.0

on this Monday early in this second Trump administration is the trade policy deadlines are

1:36.9

trade policy deadlines until they are not. There were, of course, the tariffs of April the 2nd,

1:44.0

then the 90-day pause set to expire this Wednesday.

1:47.5

Then this weekend signs from the White House that 90 days actually meant maybe August 1st.

1:53.1

Then today, letters from the president to 12 trading partners big and small prescribing how much consumers are going to have to pay on imports

2:02.1

from said partners, 25 to as much as 40%. More letters to come to the rest of the world,

2:08.3

we are told. I could go on about the back and forth, the twists and turns of U.S. trade policy

2:14.0

the past six months. Better, though, that Marketplaces, Kristen Schwab

...

Transcript will be available on the free plan in 25 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from American Public Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of American Public Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.