Why Trump's potential tariffs are making business owners anxious

单集文稿 ...

• 00:01

  NPR.

• 00:11

  This is the indicator from Planet Money.

• 00:13

  I'm Wayland Wong.

• 00:14

  And I'm Adrienne Ma.

• 00:15

  A freshly re inaugurated President Trump is making his first moves on tariffs, or pledging to anyway.

• 00:22

  He's reportedly considering a 10% tariff on Chinese goods and a 25% tariff on goods from Canada and Mexico.

• 00:30

  And he says both of these could start as early as next week.

• 00:33

  Now, nothing has been finalized yet, but contrary to what President Trump has said, if the US Slaps tariffs on foreign products, those countries are not the ones who pay it.

• 00:44

  It's US Companies that import those products who pay.

• 00:47

  And usually they pass that extra cost onto US Customers in the form of higher prices.

• 00:53

  Yeah, but even before any of this happens, businesses can also face a less tangible cost, the cost of of uncertainty.

• 01:01

  So today on the show, we're going to hear from a couple business owners who experienced Trump's first trade war.

• 01:06

  And we'll learn how uncertainty from tariffs, or even just the threat of them, can ripple throughout an economy.

• 01:16

  This message comes from Wise, the app for doing things in other currencies, sending or spending money abroad.

• 01:23

  Hidden fees may be taking a cut.

• 01:25

  With Wise, you can convert between up to 40 currencies at the mid market exchange rate.

• 01:30

  Visit wise.comtnc supply this message comes from Monday.com work management platforms, red tape, endless adoption time, IT bottlenecks.

• 01:41

  And after all that, nobody really uses them.

• 01:44

  But what if you didn't hate your work platform?

• 01:46

  What if you actually loved it?

• 全部文稿