What are tariffs?

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Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 10 June 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bridget convinces Ryan to launch a new side business, solving money problems. Today’s problem - a local fifth-grader is facing competition with her slime business from a rival school. Could a tariff help solve her problem? With the help of a not-so-spooky-ghost, they’ll learn what tariffs are, and why they make the price of things go up, and how tariffs can lead to…a trade war.

If your family is interested in learning more about the questions we answered in this episode, check out our website. We’ve got discussion questions and tips!

This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.

Transcript

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0:00.0	Hey, bazillionaires. Are you ready for a new episode of Million Bazillion?
0:06.1	This season is presented in partnership with Greenlight, the debit card and money app for kids and teens.
0:12.8	With Greenlight, kids can learn how money works in the real world, including how to save, invest, and set goals.
0:19.9	Get smarter about how you spend and save with Greenlight.
0:24.3	Sign up now at greenlight.com slash million.
0:27.2	That's greenlight.com slash million.
0:32.0	I'm Ken, and I'm 10 years old in Seoul, South Korea.
0:35.7	My name is Lily, and I'm 11 years old, and I'm from Oregon. Hi, my name is Oscar. I'm 8 years old in Seoul, South Korea. My name is Lily, and I'm 11 years old, and I'm from Oregon.
0:39.4	Hi, my name is Oscar.
0:40.9	I'm 8 years old and 11 New York.
0:43.3	My question is, and my question is, my question is, what are tariffs?
0:48.1	I love your show.
0:49.2	Thank you.
0:50.2	Well, I love that question.
0:51.7	So, Kent, Lily, and Oscar, this one's for you.
1:02.1	Oh, yeah, this looks real good.
1:04.4	Bridget, have you seen my lunchbox? It's the Darth Mall one that was in the office fridge, and now I can't find it.
1:10.0	Oh, sure. I've got it right here. It's such a nice day. I thought we could eat lunch outside for once,
1:16.2	like European people do in movies. Okay, but why are we sitting on the same side of the table facing the sidewalk?
1:23.6	And what's this giant sign you're working on? Solve over sandwiches?
1:29.2	Hey, what is this?
1:30.6	Okay, so I had this great idea.
	...

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