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Episodes 6671 - 6680 of 10000

  • 03/06/2018: Tariffs may be an unpopular idea, but the markets don’t care
    Chip Somodevilla/Getty Images

    (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.

  • An iron worker welds steel beams as a new building is being built April 6, 2015 in downtown Washington, DC. 
    Paul J. Richards/AFP/Getty Images

    (U.S. Edition) As President Trump insists on tariffs for imported steel and aluminum, we turn our attention to the construction industry, which consumes 40 percent of the nation’s steel. Experts say the tariffs would make domestic steel prices rise, and with construction companies’ already tight margins, projects would likely stall and workers would lose jobs. Next, we check in on how companies are putting to use savings generated by the new tax plan. And in Chicago, parking ticket debt amounts to more than $1.5 billion, many times the amount of New York’s and Los Angeles’ combined. We interview reporters behind a ProPublica piece that examined why parking ticket debt is so high in Chicago, and who the system targets.

  • Kobe Steel President Hiroya Kawasaki (R) bows at the end of a press conference in Tokyo on March 6, 2018.
    Toru Yamanaka/AFP/Getty Images)

    (Global edition) From the BBC World Service … The head of Kobe Steel — the world’s third-largest steelmaker — resigned today after a months-long investigation into a safety scandal at the company revealed deeply engrained problems of corporate culture. Then, as President Trump considers tariffs on aluminium and steel imports to the United States, we’ll take a look at how such policies could impact India’s steel manufacturers. And the Ebola virus claimed nearly 4,000 lives in Sierra Leone, but millions of dollars raised to fight the virus remain unaccounted for. Our reporter went to find out what happened to the money. 

  • 03/05/2018: Is a global trade war brewing?
    Win McNamee/Getty Images

    (Markets Edition) President Trump continued talking about new tariffs over the weekend, warning via Twitter that he could “simply apply” a tax on European cars. European officials responded, saying they could do the same with American products like bourbon, blue jeans and Harley Davidson motorcycles. We talk to Eurasia Group’s Ian Bremmer on the effects this would have on the markets, and what countries — or companies — may be exempt. Plus, an unlikely buzzword from last night’s Oscars: inclusion rider. That’s a movie contract clause saying that the demographics of a film’s cast and crew must match that of the U.S. population. And in the wake of the Trump administration’s reversal of deportation protection for Salvadorans, we take a look at the economic climate and effects of widespread violence in El Salvador.

  • Five Star Movement candidate premier Luigi Di Maio attends a press conference at the Five Stars electoral headquarter on March 5, 2018 in Rome, Italy. 
    Franco Origlia/Getty Images

    (U.S. Edition) Early results from yesterday’s election in Italy show gains for the anti-establishment Five Star Movement, which took about a third of the vote. But no party or coalition won a majority, which could eventually pose a threat to European economic and political stability. In China, officials are focusing on more modest growth targets in an effort to stop obsessing over numbers and instead address imbalances and inefficiencies in the economy like poverty, debt risk and pollution. This is happening alongside an increase in defense spending. And as Black Panther nears $1 billion in box office sales worldwide, we take a look at an industry that’s also getting a bump: African fashion.      

  • The EU is drawing up retaliatory measures against leading US brands such as Levi's and Harley Davidson after US President Donald Trump threatened a trade war with plans for tariffs on steel and aluminium, European Commission chief Jean-Claude Juncker said.
    Axel Heimken/AFP/Getty Images

    (Global edition) From the BBC World Service … the European Union is considering retaliatory measures in response to President Trump’s plans to impose tariffs on steel and aluminium imports. We’ll bring you the latest from the bloc’s trade commissioner. Then, the outcome of a weekend election in Italy looks to be inconclusive with no party having enough votes to form a government. So what’s next for a country with a high unemployment rate and an economy suffering from large debt levels and slow growth? Afterward, China’s prime minister has set a six-and-a-half percent growth target for the year as it increases spending on defense. We’ll have the latest from China’s  People’s Congress. 

  • Casters are showered with sparks, or 'skeeters,' as molten steel is shaped into bars called 'billets' at the TAMCO steel mini mill on October 4, 2002 in Rancho Cucamonga, California. 
    David McNew/Getty Images

    (Markets Edition) With President Trump’s announcement that his administration would impose a 25 percent tariff on all imported steel, some economists seem to be feeling a bit iffy. We’ll talk to the president of the United Steel Workers Union, Leo Gerard, about where he comes down on this. Afterwards, we’ll look at the world’s energy outlook with Spencer Dale, chief economist at BP.

  • 03/02/2018: How Donald Trump could be eligible for a Social Security bonus
    BRENDAN SMIALOWSKI/AFP/Getty Images

    (U.S. Edition) President Trump’s push to impose tariffs on steel and aluminum sent the Dow plummeting. We’ll talk to Christopher Low, chief economist at FTN Financial, about why his plans have surprised some market investors. Afterwards, we’ll chat with Marketplace regular Allan Sloan about why President Trump could be getting a big extra bonus from the Social Security system every year. 

  • 03/02/2018: Angry reaction to U.S. import tariffs
    Tom Mihalek/Getty Images

    (Global Edition) From the BBC World Service … President Trump’s plan to impose larger tariffs on imports of steel and aluminum has sent shock waves through markets, as investors worry about the prospect of a wider trade war. Some U.S allies have reacted with anger. China is thought to be the main target of the U.S. action – Marketplace’s Jennifer Pak in Shanghai tells us how people there have responded. Plus, we gauge the mood in Italy as voters head to the polls over the weekend. The BBC’s Mike Johnson explores how the issue of immigration came to dominate campaigning in recent weeks.

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