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03/06/2018: Tariffs have winners and losers
Mar 6, 2018

03/06/2018: Tariffs have winners and losers

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And today, Gary Cohn is one of the losers. He spent a year and a couple of months as the head of the National Economic Council, a free-trade Democrat in a populist Republican White House. He announced today he's leaving the White House. We'll talk about what it means and what's next for economic policy in the Trump administration. Then, keeping with that theme, what does Trump mean when he says we're "losing" on trade? That's not what a trade deficit means. Plus: The three richest American musicians all came from hip-hop. We'll talk about the "Three Kings," Dr. Dre, Jay Z and Diddy. 

Segments From this episode

The three richest American musicians are all rappers

Mar 6, 2018
Diddy, Dr. Dre and Jay-Z built multimillion dollar empires around their music careers.
Diddy, Dr. Dre and Jay-Z (L-R) used to compete in the rap wars of the '90s. Now, their companies are rivals.
Getty Images

Texas could take a big hit if tariffs are introduced

Mar 6, 2018
President Donald Trump’s planned tariffs on steel and aluminum would affect businesses in many part of the nation. Some states, though, would be affected more than others. A paper published today by  the Tax Foundation criticizes the president’s plans and says thatTexas would  be hit hardest if tariffs were imposed. How exactly? Click the audio […]

How does Adidas make shoes in days?

Mar 6, 2018
Making a pair of sneakers is a labor-intensive process, and it could take months. But Adidas is trying to change that. In its newly built Speedfactory in Germany, Adidas is making most parts of the shoes with machines. Marc Bain is a fashion reporter at Quartz and one of the first group of people who […]

Toys R Us and why the retail downturn is all about debt

Mar 14, 2018
Store closings and bankruptcies are usually blamed on online competition. But that's only part of the story.
Toys R Us is closing about a fifth of its stores.
DANIEL LEAL-OLIVAS/AFP/Getty Images

And today, Gary Cohn is one of the losers. He spent a year and a couple of months as the head of the National Economic Council, a free-trade Democrat in a populist Republican White House. He announced today he’s leaving the White House. We’ll talk about what it means and what’s next for economic policy in the Trump administration. Then, keeping with that theme, what does Trump mean when he says we’re “losing” on trade? That’s not what a trade deficit means. Plus: The three richest American musicians all came from hip-hop. We’ll talk about the “Three Kings,” Dr. Dre, Jay Z and Diddy. 

Music from the episode

Been Around the World (feat. The Notorious B.I.G. & Mase) Diddy, The Family, The Notorious B.I.G., Mase
What's The Difference Dr. Dre, Eminem, Xzibit
A Great Snake The Lemon Twigs