Reminder: Tariffs are taxes.

Segments From This Episode

• With tariffs unveiled, businesses and consumers count the costs

  by Sabri Ben-Achour

  

  Prices are expected to rise across the board — from construction materials to consumer electronics and clothing.

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• With latest tariffs in place, small businesses have some things to figure out

  by Justin Ho

  

  Owners have to figure out how these duties will impact input costs and assess whether they need to do anything differently.

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• Selling "pre-loved" records to offset the high costs on new albums

  by Sean McHenry

  Phillip Rollins, owner of the record and comic store OffBeat in Jackson, Mississippi, talks about why he’s pivoted his business to deal with the high costs of new vinyl records.

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• The Numbers

  by Kimberly Adams

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• Tariffs target products, but the service sector could feel them too

  by Daniel Ackerman

  

  A range of services — including software companies, hotels and restaurants — may also suffer as discretionary spending dries up.

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• If you want to “win” at life, new book suggests applying economic theories to your choices

  by Kimberly Adams and Sarah Leeson

  

  In “Hate the Game: Economic Cheat Codes for Life, Love, and Work,” economist Daryl Fairweather has some ideas about how to get ahead.

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