A year-plus into NAFTA negotiations, President Donald Trump might be considering a new tactic: Split up the whole thing into two bilateral deals with Mexico and Canada. We'll take a look at what that would look like. Then, we hear from more businesses feeling the effects of the brewing trade war and looking for exemptions. Plus, 10 years and an internet economy explosion later, the Justice Department and the Federal Trade Commission are taking stock of real estate data and broker commissions.
Treasury Secretary Steven Mnuchin got the cold shoulder at the G-7 finance ministers meeting this past weekend, and as President Donald Trump heads to Quebec for more meetings, Canada, Mexico and the European Union are issuing blistering responses to his tariffs. We'll kick off today's show looking at the potential political costs and economic benefits of all this. Then: We'll take apart a bunch of big tech stories from today — and see what you can learn about our relationship with the Chinese by literally taking apart a ZTE phone.
It's been a while since one of President Donald Trump's tweets made economic news, but today he kind of scooped the rest of the government. "Looking forward to seeing the employment numbers at 8:30 this morning," he tweeted, seemingly violating a federal rule against discussing that job report early. We'll talk about why that matters. Then, more from the brewing trade war, including more of your questions and a look at whether rising tariffs will undo recent tax cuts. Plus, an interview with the first American to study at a North Korean university. But first, as always, we'll recap a wild five days gone by on the Weekly Wrap. (06/01/2018)
The threat of a trade war has been looming over this country since President Donald Trump announced steel and aluminum tariffs almost three months ago. But one set of tariffs, and a bunch of exclusions and carve-outs to it, does not a trade war make. But now those exceptions are expiring, countries are retaliating and things are getting real. Today, we'll break down what's happening, talk to businesspeople trying to figure out their place in all this and answer your questions about all things trade. Plus, we're capping off our series on the view of American manufacturing from a Georgia factory town.
Over 12.5 million people in the United States work in the manufacturing sector. That's nearly 12 percent of U.S. GDP. So what we make and how make it matters. We're starting off with the second part in our series about manufacturing in America. Today, we're at a foundry that's seen business improve under President Donald Trump, but its owners are wary of steel tariffs. Then: What do Snapple, Dr. Pepper, Peet's Coffee, Keurig and Panera Bread have in common? They're all owned by one company that's on a buying spree. Plus, a conversation with the James Beard Foundation CEO about restaurants in the post #MeToo era. (05-30-2018)
... unless you're driving. Then honk maybe? At any rate, you're not alone. The White House is back to being the Bad Cop, pushing ahead on tariffs and punishing China for playing unfair with intellectual property. We'll bring you the latest on that and the changes coming to the Volker Rule, starting with what it is. Plus: One of the three last denim factories in the United States is shutting down. We'll visit and look at what it means about manufacturing in this country.