Marketplace Morning Report

with David Brancaccio

Tesla breaks ground in Shanghai as China, U.S. trade talks resume

January 07, 2019

From the BBC World Service … As the U.S. and China resurrect trade talks Monday, Elon Musk’s Tesla broke ground on a new facility in Shanghai that’ll allow the electric carmaker to build its autos locally and offset price hikes of imported models that came as a result of the trade spat. Then, commuters in big U.S. cities like New York know all too well the squeeze rising transportation costs have on their commuting budgets. But they’re not alone – we take a look at why trains in Britain, which saw a 3 percent fare increase this month, are more expensive and sometimes less reliable than many European services. Today's show is sponsored by IndeedPitney Bowes, U.S. Postal Service and Wasabi Hot Cloud Storage.

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About the Show

News happens while you sleep. Marketplace Morning Report gives you a head start on the day. Throughout the morning, host David Brancaccio shares the latest on markets, money, jobs and innovation, providing the context you need to make the smartest decisions. And from London, host Anu Anand presents Marketplace Morning Report from BBC World Service to bring you up to speed as the global economy shifts. It's the world perspective you need, from two trusted sources.