Segments From This Episode

• Excuse us while we update our tariff interview

  by Kai Ryssdal and Nicholas Guiang

  

  Chad Bown of the the Peterson Institute for International Economics explains the trade deficit and foreign investment “open loop” system. But wait, there’s more!

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• Universities issue more bonds as protection against federal funding freezes

  by Justin Ho

  

  Universities have long issued bonds to raise money, but the amount being issued has nearly doubled in recent years —and is increasing as government funding is paused.

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• Delta throws out 2025 profit projection, says future is uncertain

  by Caleigh Wells

  

  The airline is just one of several companies looking at the cost of a trade war and revising their future projections.

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• The Numbers

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• Despite reshoring goals, much of manufacturing would be unmoved by tariffs

  by Sabri Ben-Achour

  

  The stated purpose of Trump’s import levies is to draw production back to the U.S. from around the world. Benzene illustrates that it won’t work with all products.

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• The consumer economy, documented in consumers' stories

  by Kristin Schwab

  

  The economy is entering its second period of major change in less than a decade. We’re following a group of consumers to see how they navigate it.

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