Mar 6, 2018

03/06/2018: Tariffs may be an unpopular idea, but the markets don’t care

HTML EMBED:
COPY

(Markets Edition) As the President holds firm on his plan to impose tariffs on steel and aluminum, many in his own party and administration have asked him to back off. But the markets have done little more than shrug. And…

Segments From this episode

For online retailers, packaging is all about economics

Mar 6, 2018
Online retailers are trying to cut down on package waste. But designing a new box for everything a company ships takes a lot of time.
Anton Cotaj at ANAMA Package and Container Testing tests boxes on a machine that simulates road conditions.
Kristin Schwab/ for Marketplace

(Markets Edition) As the President holds firm on his plan to impose tariffs on steel and aluminum, many in his own party and administration have asked him to back off. But the markets have done little more than shrug. And we look back to 2002, when President Bush set a 30 percent tariff on steel. What happened? Steel prices went up, American manufacturers closed or went offshore, and jobs disappeared before it was dissolved a year later. Plus, we take you to a lab where engineers are working to design more efficient packaging for online retailer deliveries.

The team

Stephen Ryan Producer, BBC