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Marketplace All-in-One

What government data looks like in a Trump presidency

Marketplace All-in-One

Marketplace

News, Business

4.81.3K Ratings

🗓️ 28 July 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

Government data is at risk. Federal funding for the main statistical agencies, like the Bureau of Labor Statistics and the Commerce Department, has been tight for years. But since the Trump administration took office, threats to the availability and comprehensiveness of federal data have reached a whole new level — impacting everything from national health and crime statistics to key economic reports. We'll learn about the impacts. But first: a look at what's in the U.S. trade deal with the European Union.

Transcript

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0:00.0

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1:01.0

The U.S. has reached a trade deal with the EU. What's in it? From Marketplace. I'm Sabri

1:07.7

Beneshore in for David Brancaccio. The U.S. and European Union reached a new

1:11.7

trade agreement over the weekend. President Trump and European Commission President Ursula von der Leyen

1:16.6

made the announcement after a meeting in Scotland. As has been the pattern with recently announced

1:21.5

deals, a lot of details still need to be filled in. Marketplaces, Nancy Marshall-Genzor joins us to

1:27.3

talk about it. Good morning, Nancy Marshall-Genzor joins us to talk about it. Good

1:27.9

morning, Nancy. Good morning. So the deal, we don't have a ton of specifics, but what are the basics?

1:34.0

Right. Well, the deal sets a baseline tariff of 15% on most EU exports to the U.S.

1:41.1

That includes cars and computer chips. The new rate is supposed to take

1:45.4

effect this Friday. But this was a verbal announcement. The two sides didn't issue any

1:50.6

papers or releases. EU Commission President Ursula von der Leyen says the 15%

1:56.5

chairf does include pharmaceuticals in general, although that's, quote, on a different sheet of

...

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