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Yesterday โ€” June 22nd 2018NPR Economy

EU Tariffs Take Effect, Retaliating For Trump's Tariffs On Steel And Aluminum

By Shannon Van Sant
U.S.-made bourbon whiskey is now under a 25 percent tariff in the European Union, in retaliation for the Trump administration

More than $3 billion worth of U.S. goods — from bourbon and peanut butter to Harley-Davidson motorcycles — are now subject to a 25 percent tariff in Europe.

(Image credit: Stefano Rellandini/Reuters)

  • June 22nd 2018 at 14:40

EU Begins Tariffs On U.S. Goods

By Dustin Dwyer

On Friday, the European Union starts imposing retaliatory tariffs on U.S. goods, from steel and aluminum to orange juice and bourbon.

  • June 22nd 2018 at 11:17

When Retirement Advice Went Viral

By Cardiff Garcia

America faces a retirement crisis, as most people aren't on track to have enough saved by the time they retire. We talk to the inventor of the 401(k) about how it was all supposed to work.

  • June 22nd 2018 at 11:17

Supreme Court Ruling Means Some Online Purchases Will Cost More

By Nina Totenberg
Home goods seller Wayfair and other e-commerce companies had attempted to challenge a South Dakota law that levies taxes on purchases made through certain online retailers.

States will reap billions after a major ruling that says states may now impose sales taxes on Internet retailers, even ones out of state and with no physical presence in the state.

(Image credit: Jenny Kane/AP)

  • June 21st 2018 at 16:55

How Relevant Is The Dow Jones As A Measure Of The Economy?

This week the Dow Jones dropped GE, one of the original companies that made up the market-monitoring average. NPR's Mary Louise Kelly speaks to author and professor Charles Geisst of Manhattan College about the relevance of the Dow today.

  • June 21st 2018 at 23:48

Why Alternatives To Tariffs Can Be More Effective

By Cardiff Garcia

Historically, tariffs have proved to be a blunt instrument that aren't as effective as other measures. Past examples show how countries get around them, and why other tactics work better.

  • June 21st 2018 at 22:34
Before yesterdayNPR Economy

White House Proposes Merging Education And Labor Departments

By Clare Lombardo
President Trump, flanked by Education Secretary Betsy DeVos and Labor Secretary Alexander Acosta, answers questions in August 2017 at Trump National Golf Club in Bedminster, N.J. Thursday, the White House announced plans to merge the two departments.

The pitch goes all-in on workforce development and imagines a mobile-first platform for student borrowers. It's part of a proposal to restructure federal government. Congress would have to approve.

(Image credit: Pablo Martinez Monsivais/AP)

  • June 21st 2018 at 21:51

With Billions At Stake, Supreme Court Rules States May Tax Online Retailers

By Nina Totenberg
Home goods seller Wayfair and other e-commerce companies had attempted to challenge a South Dakota law that levies taxes on purchases made through certain online retailers.

The Supreme Court on Thursday held that states may impose sales taxes on Internet retailers with no physical presence within the state.

(Image credit: Jenny Kane/AP)

  • June 21st 2018 at 16:55

Got Lobster? Trump's Steel Tariffs Threaten Trap Industry

By Craig LeMoult
The steel used to build lobster traps like these, stacked up outside a fish market on Martha

The factory that makes wire mesh used in the majority of North American lobster traps says steel tariffs will spike the cost of their product, and lobstermen will bear the brunt of the higher prices.

(Image credit: John Greim/LightRocket via Getty Images)

  • June 21st 2018 at 11:04

Commerce Secretary Wilbur Ross Defends U.S. Trade Policies

By John Ydstie

Commerce Secretary Wilbur Ross said tariffs on U.S. allies were necessary to prevent China from "trans-shipping" goods through those countries. He also said China would not change its policies if the U.S. doesn't continue to apply pressure.

  • June 20th 2018 at 22:27

How An American Company Is Grappling With The Potential Impact Of A Trade War

NPR's Audie Cornish speaks with Tony Satterthwaite, vice president of Cummins, the world's largest independent producer of engines and generators, about the administration's proposals on tariffs and trade.

  • June 20th 2018 at 22:27

What Tariffs Mean For Markets

The Trump administration has dramatically escalated its trade dispute with China. NPR's David Greene talks with Stephen Moore, who has advised the Trump administration on economic policy.

  • June 20th 2018 at 11:07

News Brief: Republicans Talk Immigration Overhaul, China Tariffs Latest

By Kelsey Snell

President Trump met with Republican lawmakers to discuss immigration legislation. Also, we have the latest on the uproar over immigrant family separations and President Trump's tariffs on China.

  • June 20th 2018 at 11:07

China Tells Farmers To Grow More Soybeans Amid Trade Fight With U.S.

By Rob Schmitz
A single soybean plant grows in a field in the village of Sandaogou, China.

After hitting U.S. soybeans with retaliatory tariffs, China is seeking alternatives to supply its important crop.

(Image credit: Rob Schmitz/NPR)

  • June 20th 2018 at 05:16

Big Banks Are Once Again Taking Risks With Complex Financial Trades, Report Says

By Jim Zarroli
After the 2008 financial crisis, rules required much greater transparency on the sale of credit default swaps. But a loophole allows banks to evade regulation by offloading the trades to foreign subsidiaries.

Are banks exploiting a loophole in U.S. rules that allows some derivatives traders to escape federal regulation? "We've seen this movie already," said the report's author, Michael Greenberger.

(Image credit: Shannon Stapleton/Reuters)

  • June 19th 2018 at 23:03

Trump Touts Economic Gains, As Trade War Looms

By Scott Horsley
President Trump threatened to impose a new round of tariffs on China. Critics say the fallout is likely to cost tens of thousands of American jobs.

President Trump boasted of a improving economy in a speech to small-business owners Tuesday. But those gains could be jeopardized by his escalating trade battles.

(Image credit: Nicolas Asfouri/AFP/Getty Images)

  • June 19th 2018 at 22:12

Global Markets Fall As U.S.-China Trade Tensions Rise

By John Ydstie

Economists have generally downplayed the impact on the U.S. and global economies, but many are reassessing now that trade tensions appear to be entering a new phase.

  • June 19th 2018 at 22:23

Stock Markets Drop Amid Escalating Tariff Threats

By Charlotte Norsworthy
Trader John Panin works on the floor of the New York Stock Exchange on Tuesday. U.S. stock markets fell as U.S.-China trade tensions grew.

Global stock markets fell in response to President Trump's threats to add another layer of tariffs on $200 billion of Chinese goods. Trade tensions are leaving investors uncertain, analysts say.

(Image credit: Richard Drew/AP)

  • June 19th 2018 at 17:26

U.S. Towns Along Canadian Border Are Caught Up In Tariff Dispute

By Zach Hirsch

With Canadian tariffs set to kick in on a range of products July 1, business leaders in a New York border city worry a decades-old economic partnership with Canada could unravel, costing U.S. jobs.

  • June 19th 2018 at 11:13

As Rural Towns Lose Population, They Can Learn To 'Shrink Smart'

By Frank Morris
Sukup Manufacturing Co.

Most remote towns are shrinking, whether they like it or not. But if they take inspiration from industrial Eastern Europe after the Cold War, they can improve even as they get smaller.

(Image credit: Frank Morris/KCUR)

  • June 19th 2018 at 12:15
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