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Economics on Tap: Airport Edition
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On today’s episode, Kimberly joins “Economics on Tap” from the Toronto airport. We’ll unpack President Trump’s elimination of a tariff loophole known as the de minimus exemption that went into effect today, meaning low-cost shipments will no longer enter the United States tariff-free. Without it, Americans could start to feel some serious tariff pain. And, President Trump is renewing threats to revoke Harvard University’s tax-exempt status. Plus, we’ll play a round of Half Full/Half Empty.
Here’s everything we talked about today:
–“Trump’s tariffs come for fast fashion, and the blowback could be fierce.” from Politico
–“Harvard President Says Any Move to Revoke Tax-Exempt Status Would Be ‘Highly Illegal’” from The Wall Street Journal
–“Trump aims to cut $6 billion from NASA budget, shifting $1 billion to Mars-focused missions” from CNBC
–“Visit this store for a free iris scan to ‘prove’ you’re human, not AI” from The Washington Post
–“MoviePass’ Next Big Bet: A Fantasy Box Office App” from The Hollywood Reporter
–“A little retirement, as a treat” from Marketplace
Got a question for the hosts? Email [email protected] or leave us a voicemail at 508-U-B-SMART.
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