4.6 • 8K Ratings
🗓️ 20 March 2025
⏱️ 28 minutes
🧾️ Download transcript
More tariffs are set to take effect April 2, and in most cases, American consumers and businesses will pay the tax. We’ll explain why some sectors expect prices to rise as soon as next month while others won’t feel a pinch until later in the year. Also in this episode: Tariffs could inflate the dollar’s strength while sapping demand for American exports, Gen Zers feel “trapped” by microtrends and Alaskan crude oil production is projected to jump in 2026.
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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 |
0:12.3 | 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. |
0:41.7 | Just because you never can have enough tariff news, |
0:44.7 | that's what's on the show today. |
0:47.8 | Okay, that's not true. |
0:49.2 | You can have enough tariff news. |
0:51.8 | From American Public Media, this is Marketplace. |
1:01.0 | In Los Angeles, I'm Connor Rizzell. |
1:07.4 | It is Thursday. |
1:08.8 | Today, this one is the 20th of March good, as it always is to have you along, everybody. |
1:14.8 | President Trump's tariffs are affecting a lot of things in this economy, and we have talked about those things a lot the past couple of weeks. |
1:23.2 | But what happens in the American economy most definitely does not stay in the American economy. |
1:29.4 | There are retaliatory tariffs, either already in place or coming soon. |
1:34.0 | There are the hits to global growth that are almost certainly coming. |
1:37.7 | And there are what might be termed unintended, although perhaps unthought-about works as well, consequences. |
1:46.0 | The president says taxing imports, because again, tariffs or taxes on American consumers, |
1:51.4 | the president says that will boost domestic production. |
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