Intro

In this episode, Kai and Kimberly divide into the back and forth over tariffs. The on-again, off-again levies are making it tough for industries to plan and trade. With all the uncertainty, are markets — from stocks to agriculture — on the verge of becoming untradable? Plus, we’ll wryly smile at a biting, century-old song about farmers who were ticked off about tariffs. (Thanks to our listener, Robert, for sharing his rendition!)

Here’s everything we talked about today:

• “China’s retaliatory tariffs on agricultural goods will squeeze farmers” from Marketplace
• “Chinese tariffs on U.S. farm products take effect as trade tensions mount” by The Washington Post
• “An ‘Untradable’ Market: Trump Sows Profound Uncertainty for Stocks” from The New York Times
• “Nebraska folklore pamphlet: Farmers’ Alliance songs of the 1890’s” from Nebraska Memories, a digitized archival project from the Nebraska Library Commission

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.