One wild year of Trump's tariffs

Happy first tariff-versary? Despite the fact that many of President Trump’s “Liberation Day” tariffs were recently struck down, small businesses across the country are still dealing with the aftermath. On today’s show, Kimberly talks with two small business owners: Justine Kahn, founder of Botnia Skincare in Sausalito, CA and Will Sissle, owner of Sissle & Daughters Cheesemongers & Grocers in Portland, ME, about how they’ve navigated a year of tariffs.

Here’s everything we talked about today:

• "'Liberation Day" tariffs, one year later" from Marketplace

• "Tracking the Economic Effects of Tariffs" from The Budget Lab at Yale

• "A year later, here's where things stand on Trump's manufacturing revival" from Politico

• "US customs agency says tariff refund system progressing, but payments may take up to 45 days" from Reuters

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.