Government shutdown 2019

Caught in the trade war, navigating the shutdown

Kai Ryssdal and Bennett Purser Jan 14, 2019
HTML EMBED:
COPY
pxhere
Government shutdown 2019

Caught in the trade war, navigating the shutdown

Kai Ryssdal and Bennett Purser Jan 14, 2019
pxhere
HTML EMBED:
COPY

In June of last year, the Trump administration imposed the Section 232 tariffs, 10 percent on imported aluminum and 25 percent on imported steel. Many small businesses applied for exclusions, hoping to avoid the costly tariffs. It’s been a slow process for many applicants, made slower by the government shutdown. Todd Adams is president of Sanitube, a manufacturer of steel supplies based in Florida, who’s been trying to navigate the exclusion process. Marketplace host Kai Ryssdal called him up to see how the the shutdown is impacting his business.

Click the audio player above to hear the full interview.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.