Marketplace®

Daily business news and economic stories
  • As the Department of Commerce continues to grant and reject steel tariff exemption applications, we check back in with Sam Desai in South Plainfield, New Jersey, whose company makes parts for appliances. He shares his frustration with how objection comments can derail an exemption application. That frustration is also familiar to Kate Karol, counsel at […]

  • There’s a lot of tariff talk swirling around these days, but let’s remember what began this trade war: President Donald Trump’s steel and aluminum tariffs. Since those tariffs were announced in March, companies have filed more than 28,000 requests for exemptions from the Department of Commerce. As of this week, only 1,000 applications have been […]

  • Soybeans loading onto a truck on their way to a grain elevator in Dwight, Illinois. U.S. soybean futures plunged when China announced retaliatory tariffs on them in June.
    Scott Olson/Getty Images

    Plans to negotiate with the European Union and aid plan fall short for farmers.

  • U.S. President Donald Trump and European Commission President Jean-Claude Juncker, left, give a statement in the Rose Garden of the White House in Washington, D.C., today.
    SAUL LOEB/AFP/Getty Images

    WASHINGTON — President Donald Trump met today with top European Union officials amid concerns of a growing trade dispute between the two economies over automobiles. During the meeting, European Union Commission President Jean-Claude Juncker told President Donald Trump that the EU and U.S. are partners and allies, “not enemies,” and must work together at the […]

  •  Todd Adams is vice president of Stainless Imports Inc., a small family-owned stainless steel manufacturer based in Florida. We had Adams on the show in early May. His company had applied for an exemption from tariffs on a specific product; the company had “combed the earth” to find a mill that could produce it and found one […]

  • Volkswagen Golfs hang on the assembly line at the company's factory in Wolfsburg, Germany, in March.
    Alexander Koerner/Getty Images

    Even so-called "domestic" carmakers are global companies with international supply chains.

  • Lamar Pecan Company in Hawkinsville, GA.
    Daisy Palacios/Marketplace

    We visit a farm in Georgia that sells 60 percent of their nuts to China.

  • A shipping container is offloaded from the Hong Kong based CSCL East China Sea container ship at the Port of Oakland on June 20, 2018 in Oakland, California. 
    Justin Sullivan/Getty Images

    Some businesses say the imminent tariffs could force them to raise prices or cut pay.

  • A Chinese worker loads aluminium tapes at a plant in Huaibei, in east China's Anhui Province, in 2017.
    STR/AFP/Getty Images

    Bourbon, retaliation and … more bourbon.

  • This week, Commerce Secretary Wilbur Ross announced the first official exemptions and rejections for companies that applied for exclusions from steel and aluminum tariffs. For seven lucky companies, that means they’ll get to stop paying the tariffs on specific imports — 25 percent for steel and 10 percent for aluminum. But for Sam Desai, who […]