Trying a different tariff tack
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 7 July 2026
⏱️ 7 minutes
🧾️ Download transcript
Summary
The Trump administration is taking another stab at replacing the tariffs that the Supreme Court struck down in February. Three days of hearings are about to start in Washington over one path forward; there are many. At the same time, a group of Democratic attorneys general is arguing that this backup plan might be illegal. This morning, we'll have the latest developments in the tariff saga. Also: Congress eyes a national EV registration fee.
Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.
Marketplace Morning Report 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.
Stories featured in this episode:
Transcript
Click on a timestamp to play from that location
| 0:00.0 | If at first you don't succeed, try a different tariff from Marketplace. I'm Sabrina Banishore in for Kimberly Adams. |
| 0:08.6 | The Trump administration is taking another stab at replacing the tariffs that the Supreme Court struck down in February. |
| 0:15.4 | Three days of hearings are about to start in Washington over one path forward. There are many. |
| 0:20.2 | At the same time, a group of Democratic |
| 0:21.7 | attorneys general is arguing this backup plan might be illegal. Marketplace's Nova Sappho's here with |
| 0:26.8 | more. Hi, Nova. Good morning, Sabri. So we have hearings beginning on the latest development in the |
| 0:32.8 | tariff saga. What are these hearings about? Yeah, here we go again. They are about unfair trade |
| 0:37.4 | practices investigations, particularly about forced labor policies involving what are these hearings about? Yeah, here we go again. They are about unfair trade practices |
| 0:38.0 | investigations, particularly about forced labor policies involving some 60 nations, including |
| 0:43.9 | countries in the European Union, also Canada, Mexico, the UK. Last month, the U.S. |
| 0:49.8 | Trade Representative's Office said it had completed investigations, and lo and behold, those |
| 0:54.0 | countries were not doing enough to combat forced labor. And so the U.S.T.R., representative's office said it had completed investigations, and lo and behold, those countries |
| 0:54.4 | were not doing enough to combat forced labor. And so the USTR is suggesting tariffs of 10% and |
| 1:00.8 | 12.5% depending on the country. And that's how they'd replace the tariffs. The Supreme Court |
| 1:06.1 | struck down. Now we have these Democratic state attorneys general getting involved. What are they |
| 1:10.5 | saying? |
| 1:16.9 | Yeah, it's a group of 22 AGs. They've sent a letter saying this latest effort to impose tariffs is illegitimate. They point out that the new tariffs would cover 99% of goods coming into the U.S. |
| 1:23.1 | On grounds that there are some sort of forced labor violations involved. And the AGs also say that these unfair trade practices probes were rushed done in a matter of a few months. |
| 1:31.9 | The broader context is that the clock is ticking on the Trump administration. |
| 1:37.0 | President Trump reimposed 10% tariffs on a temporary basis through another authority, he claimed. |
| 1:43.4 | The deadline there is July 24th, |
| 1:45.8 | and these unfair trade taxes investigations are the most direct path to setting new permanent |
... |
Transcript will be available on the free plan in 16 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

