New tariff threats are piling up. The president has threatened higher tariffs on goods from the EU and on anyone who trades with Russia. The EU is preparing retaliatory tariffs in response. Stuck in the middle of this tariff whirlwind are small businesses. Today, we check in with the owner of a Virginia tea shop to discover how her store is faring. But first, this morning's consumer price index shows accelerating price increases. Plus, from Marketplace’s “The Age of Work” series, we hear a story about aging and one family business in London.
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Trump on NATO, Brexit, and more
From the BBC World Service: President Donald Trump says he backs NATO now that countries in the military alliance boosted funding. The president's comments are part of a wide-ranging exclusive interview with the BBC and follow a threat of tariffs for Russia if there's no ceasefire with Ukraine in 50 days. We'll hear a bit of the conversation. Then, China's economy has outpaced expectations despite pressure from tariffs, and Tesla is set to launch operations in India.
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"Crypto Week" on Capitol Hill
Bitcoin hit a record $122,000 this morning as the House of Representatives ramps up for what's being called "Crypto Week," where lawmakers will be taking up three bills that could lay the foundation for how digital assets are regulated. We'll hear more about what to expect. And later, we'll unpack market reactions to daily swings in tariff policy and learn how China's rare earth metal dominance comes at a significant environmental cost.
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Why we might not see tariffs in overall inflation numbers
This week, we get a few snapshots of what inflation is doing. Everyone wants to know when tariffs will start showing up in the overall data, because they mostly haven't yet, partly due to the Federal Reserve's tight monetary policy. But that doesn't mean tariffs aren't affecting the economy. We'll discuss. Also: how Europe is trying to keep U.S. trade tensions from boiling over, and where copper imports are being diverted ahead of looming tariffs.
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Federal tax incentives could mean more tech research and innovation
Marketplace’s Meghan McCarty Carino speaks with Rebecca Lester, a professor of accounting at Stanford, about a tax provision within the One Big Beautiful Bill Act that could further tech R&D and innovation.
Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media.
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