03/02/2018: Trade wars are actually not good or easy to win
Mar 2, 2018

03/02/2018: Trade wars are actually not good or easy to win

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What do you say about a week where the president of the United States, without any indication that the decision had been thought through by policy experts, announces trade tariffs that leave basically every constituent part of the global economy going, "Wait, what?" Here, we call it Friday. We'll talk about President Donald Trump's steel and aluminum tariff announcement, his tweet about trade wars being "good and easy to win," and what Canada, our biggest importer of those metals, thinks about all this. Plus: The Oscars are this weekend, and it's one of the biggest moments yet for #MeToo. But let's turn our attention to another industry, finance, where women arrived at the workplace in the '80s and '90s to find terrible harassment. 

Segments From this episode

Why Wall Street isn't going to have a Harvey Weinstein moment

Mar 2, 2018
Sexual harassment and discrimination in the financial industry is more subtle — and harder to address.
"The Fearless Girl" statues stands across from the iconic Wall Street charging bull statue wearing a pink hat associated with the Women's March of 2017.
Drew Angerer/Getty Images

Stoneman Douglas students help raise millions online

Mar 2, 2018
Since the mass shooting at the Marjory Stoneman Douglas High School two weeks ago, the students have been calling for gun-control measures and support for the victims. They’ve helped raise millions of dollars on GoFundMe, much of it going toward organizing a march in Washington, D.C., later this month. How is all that money being […]

Why do marketers group the public into age categories?

Mar 2, 2018
The Pew Research Center has decided the term millennial is only going to apply to people who were born between 1981 and 1996 … but who made Pew the decider? And what’s the economic value of a demographic label anyway? Click the audio player above to hear the full story.  Stories You Might Like 01/27/2017: […]

Trump’s trade wars tweet theory

Mar 2, 2018
President Donald Trump tweeted that “trade wars are good, and easy to win,” adding that “when we are down $100 billion with a certain country and they get cute, don’t trade any more-we win big. It’s easy!” So, if you play that out a bit, looking at one of the countries we currently trade with, […]

Steel broke Pittsburgh’s heart once. It won’t happen again

Mar 2, 2018
The Trump administration’s decision to slap stiff tariffs on imported aluminum and steel won’t make much difference to Pittsburgh. Nearly all the steel jobs in the city now are behind a desk. Click the audio player above to hear the full story.  Stories You Might Like 01/27/2017: One week into Donald Trump’s economy Who really […]

Are we moving away from a global free market?

Mar 2, 2018
We look at how tariffs could affect current trade deals after Trump's surprise announcement this week.
President Trump participates in a meeting with leaders of the steel and aluminum industries at the White House on March 1.
Win McNamee/Getty Images

What do you say about a week where the president of the United States, without any indication that the decision had been thought through by policy experts, announces trade tariffs that leave basically every constituent part of the global economy going, “Wait, what?” Here, we call it Friday. We’ll talk about President Donald Trump’s steel and aluminum tariff announcement, his tweet about trade wars being “good and easy to win,” and what Canada, our biggest importer of those metals, thinks about all this. Plus: The Oscars are this weekend, and it’s one of the biggest moments yet for #MeToo. But let’s turn our attention to another industry, finance, where women arrived at the workplace in the ’80s and ’90s to find terrible harassment. 

Music from the episode

Orchids Monster Rally
Young Folks Peter Bjorn and John