Marketplace
Special Coverage from Marketplace: Selling America
Apr 20, 2025
Catherine Ann Edwards, a labor economist and policy consultant, shares her insights on the evolving American economy. She discusses how shifting trade policies and tariffs are impacting global trade dynamics and employment. The conversation dives into the challenges facing small businesses in industries like music instruments and denim, as they navigate trade uncertainty. Listeners ask pressing questions about the future of the U.S. dollar and recession risks, highlighting the real-world implications of these economic changes.
51:45
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The implementation of tariffs is causing economic uncertainty, complicating investment decisions and reducing trust in established financial institutions.
- Small businesses are facing immediate challenges from supply chain disruptions and increased costs, forcing rapid adaptations to their financial strategies.
Deep dives
Impact of Tariffs on the Global Economy
The implementation of tariffs has initiated a significant shift in the global economy, creating a sense of apprehension about America's future in international trade. As countries increasingly assess their economic relationships, the U.S. appears to be distancing itself from vital trading partners. This detachment can lead to decreased demand for the U.S. dollar and a greater reliance on alternative economies, resulting in the possible decline of American influence in global markets. With expectations of higher prices and potential inflation due to tariffs, experts indicate that businesses and consumers may struggle to adapt to these rapid changes.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
