Jul 26, 2018

The Republican senator who wants Congress to take back power when it comes to tariffs

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(Markets Edition) Following Trump's meeting with the European Union yesterday, we're talking to one Congress member who's been critical of the president's trade policy: Sen. Pat Toomey from Pennsylvania. He joined us to discuss how he felt about their conversation…

Segments From this episode

With NAFTA stalled, U.S. and Mexican officials to meet on trade

Jul 26, 2018
U.S. Trade Representative Robert Lighthizer is scheduled to meet today with Mexico’s economy minister. They’re trying to revive NAFTA negotiations. Mexican officials and President Donald Trump are sounding optimistic. But what, realistically, can be accomplished in these talks? Click the…

Sen. Pat Toomey: Congress is a "helpless bystander" when it comes to tariffs

Jul 26, 2018
"It's gotten to the point where a president can, in complete compliance with the law, invoke national security and slap tariffs on our closest allies and friends," Toomey said.
A view of the U.S. Capitol.
Brendan Hoffman/Getty Images

(Markets Edition) Following Trump’s meeting with the European Union yesterday, we’re talking to one Congress member who’s been critical of the president’s trade policy: Sen. Pat Toomey from Pennsylvania. He joined us to discuss how he felt about their conversation and why he wants Congress to have  more power when it comes to tariffs. Afterwards, we’ll speak with Diane Swonk, chief economist at the firm Grant Thornton, about one sector of the economy that’s not looking so great: housing. Then, we’ll take a look at where NAFTA negotiations currently stand. Today’s podcast is sponsored by Anchor, LLC (anchorbooks.co/marketplace), Battelle (Battelle.org/QI), and Indeed (Indeed.com/marketplace). (07/26/2018)

The team

Stephen Ryan Producer, BBC