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farmersstruggle

Nation Dec 08

Trump proposes $12 billion in aid to farmers after ‘exceptionally difficult year’

By William Brangham, Azhar Merchant, Nana Adwoa Antwi-Boasiako

Politics Dec 08

U.S. President Trump leads roundtable discussion at White House in Washington, D.C.
WATCH: Trump proposes $12 billion farm aid package as farmers grapple with tariff pains

President Donald Trump announced a $12 billion farm aid package on Monday — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of…

By Seung Min Kim, Josh Funk, Didi Tang, Associated Press

Economy Dec 04

U.S. President Donald Trump at the White House in Washington
Trump has said tariff revenue may allow Americans to stop paying income taxes. The math doesn’t add up

The federal income tax brought in about $2.4 trillion in 2024, which is more than 14 times what Trump’s second-term tariffs are generating.

By Louis Jacobson, PolitiFact

Economy Dec 03

A Costco truck makes a deliver to a Costco store in Carlsbad, California
Costco becomes biggest company demanding refunds on Trump tariffs

Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes.

By Paul Wiseman, Associated Press

Economy Dec 03

Black Friday sales event in Garden City
What’s next for U.S. retailers after the Thanksgiving shopping weekend

The nation’s shoppers may feel gloomy about the economy, but they certainly were in the mood to shop over the five-day Thanksgiving weekend that wrapped up on Cyber Monday.

By Anne D'Innocenzio, Associated Press

Dec 02

WATCH: Trump claims tariff revenue will cover tax refunds and eventually eliminate income tax

By Associated Press

It’s not clear how that would work or if Trump could afford to do so without worsening the national debt, which he claims his tariffs will also cut.

Continue reading

Nov 28

U.S. retailers are about to see if shoppers are willing to spend on Black Friday

By Anne D'Innocenzio

The annual sales event still brings more shoppers into stores than any day of the year and still rules as the U.S. retail industry's unofficial start of the holiday shopping season.

Continue reading

Nov 26

Watch 4:09
The factors influencing turkey prices this Thanksgiving

By Tim McPhillips

Inflation, tariffs and bird flu are all playing a role in how much you'll be paying for your holiday meal this year. PBS News digital video producer Tim McPhillips spoke with a food economist to break down the costs.

Continue watching

Nov 26

Sellers in other countries struggle to maintain U.S. customers as holiday shopping season starts

By Mae Anderson, Associated Press

Small businesses are struggling to adapt since the U.S. ended the "de minimis" exemption on Aug. 29, which allowed imports under $800 to be tariff-free.

Continue reading

Nov 19

U.S. trade deficit dropped nearly 24% in August as Trump’s tariffs reduce imports

By Paul Wiseman, Associated Press

In a report delayed for more than seven weeks by the federal government shutdown, the Commerce Department said Wednesday that the the gap between what the United States buys from other countries and what it sells them fell to $59.6 billion in…

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Full Episode
Wednesday, Dec 10
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