More of your trade questions, answered
Amid all the chaos and controversy at the southwest border, there's still a trade war brewing on multiple fronts. Today on the show, we'll tackle more of your questions about all things tariffs and trade. Then: Street vending in Los Angeles is a half-billion-dollar industry that’s illegal. We'll look at the tangled relationship between street vendors and the law. But first, AMC's challenger to MoviePass, the latest on Mexico's elections and, of course, the Weekly Wrap.
Do you think the Supreme Court shops online?
We're asking because today a narrow majority ruled that online shoppers have to pay state sales tax, even if the business doesn’t have a physical presence in the state. We'll talk about what that means for companies like Wayfair, the defendant in this case, and consumers. Then we'll bring you the latest on gas prices for the summer. Plus: Brownsville, Texas, is just a 10-minute walk from Matamoros, a city in Tamaulipas, Mexico. As the Trump administration's immigration policy causes tension nationally, Brownsville's local economy feels its effects firsthand. We'll hear from our reporter at the border.
Let's do the Zestimate
If you've been listening the past few weeks, you know the federal government is working on a list of companies to exclude from new, costly tariffs on steel and aluminum. During testimony today about that list, Commerce Secretary Wilbur Ross promised one senator that he’d personally consider a company residing in the senator's district. Ross called the place right after the hearing, and we did, too. Then: Jeff Bezos, Warren Buffett and Jamie Dimon have tapped surgeon and writer Atul Gawande to run their new health care company. We'll look at his qualifications and what it'll take to pull this thing off. Plus: A conversation with the CEO of Zillow, the housing data site that's started selling homes of its own.
The view from the border
The tariff threats flying back and forth between Washington and Beijing have had a certain symmetry. We tax $34 billion worth of Chinese imports, and they follow. We add $16 billion in other Chinese stuff, same. But last night, when the Trump administration said it's exploring tariffs on a whopping $200 billion in goods, Beijing said fine, they're gonna hit back in "quantitative and qualitative ways." We'll start today's show trying to unpack what that means. Then, speaking of China: When Americans and Europeans were buying less, dozens of factories closed in China. Millions lost jobs ... but an unexpected industry flourished. We'll look at it as part of our series "Divided Decade." Plus: We'll talk with our reporter at the southwest border about what he's seeing at businesses and courtrooms there. (06/19/2018)
Are we in a trade war yet?
The phrase "trade war" is getting thrown around a lot by now, including by this show. You might be wondering: What's it mean, exactly? And how do we know when we're actually in one? We'll do our best to answer those questions on the show today. Plus, we'll bring you the latest on the bidding war for Fox, the new nominee to head the Consumer Financial Protection Bureau and, of course, Beyoncé and Jay-Z. (06/18/2018)
Are we talking about trade again?
Is the sky blue? Kai catches us up on our current trade relationship with China and all the events that got us here. We follow that up with the Weekly Wrap. This time we're joined by Rachel Abrams from the New York Times and Dion Rabouin from Yahoo Finance. And in non-trade news: We talk to director Hiro Murai. You probably know him from his collaborations with Donald Glover on FX’s “Atlanta” and Childish Gambino’s “This Is America.” (06/15/18)
Sedan sales aren't what they used to be
The trusty sedan might not be enough for Americans these days. Sales have been tanking the last few years, giving way to bigger trucks, SUVs and crossovers. We find out why. Also on the show, we talk with Politico’s Annie Karni about her reporting on the how the White House was looking for new employees at a job fair. Plus, we ask, "Is there a way for a country to engage in 'good' protectionism for its own interests?" Short answer: Well, it depends. Just give it a listen. (06/14/2018)
Today we all learned a little Fedspeak
The Federal Reserve raised interest rates today, and Chair Jay Powell took some time to explain the economics of the decision. We thought that was our job. Anyway, we'll bring you the highlights, plus the latest in corporate mega-mergers as Comcast makes a bid for Fox. Then: A lot of us still feel the effects of the financial crisis, but there are places where you can actually still see them. Houses that got stuck in foreclosure limbo, abandoned by their owners and are still sitting empty years later. They're called "zombie homes." We'll take you to Long Island, which has more than anywhere else.