Tariff anxiety turns fun splurges into stress purchases
Marketplace All-in-One
Marketplace
4.8 • 1.3K Ratings
🗓️ 16 April 2025
⏱️ 27 minutes
🧾️ Download transcript
Summary
We’ve heard about people rushing to replace big-ticket essentials ahead of trade war-related price hikes, but what about stuff that’s more of a want than a need? In this episode: Tariff anxieties shape discretionary spending, giving consumers a way to feel some control in this chaotic economy. Plus: mixed signals from a manufacturing report, bitcoin’s chance at “digital gold,” and one of Altadena’s largest employers wants to rebuild and rehire longtime staff after the California wildfires.
Transcript
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| 0:00.0 | If you've shopped online, chances are you've bought from a business powered by Shopify. |
| 0:05.6 | You know that purple shop pay button you see at checkout? |
| 0:08.4 | The one that makes buying so incredibly easy? |
| 0:11.1 | That's Shopify. |
| 0:12.1 | And there's a reason so many businesses sell with it, |
| 0:15.0 | because Shopify makes it incredibly easy to start and run your own business. |
| 0:19.8 | Shopify is the commerce platform behind millions of |
| 0:22.2 | businesses around the world, from household names like Mattel and Jimshark to brands just getting |
| 0:26.8 | started. If you want to see less carts being abandoned, it's time for you to head over to Shopify. |
| 0:32.8 | Sign up for a one pound per month trial and start selling today at Shopify.com. |
| 0:37.9 | com. |
| 0:37.9 | UK slash Marketplace 22. |
| 0:40.6 | Go to Shopify.com. |
| 0:42.3 | UK slash Marketplace 22. |
| 0:47.5 | Never a dull moment in this economy is there. |
| 0:51.6 | From American Public Media, this is Marketplace. |
| 1:01.0 | In Los Angeles, I'm Kai Rizdahl. It is Wednesday, today the 16th of April. Good as always to have you along, everybody. |
| 1:13.8 | First of all, stocks, I'm sure you've seen or heard by now another day of tariff and trade policy-induced malaise. |
| 1:22.3 | We will get there when we get there, as we always do. Second, though, and more substantively, which means it probably should have been first, |
| 1:30.3 | huh? The big thing that happened in this economy today was Fed Chair Jay Powell doing a Q&A |
| 1:35.3 | at the Economic Club of Chicago. He said, among other things, that it may well come to pass, |
| 1:40.8 | that the Fed's really going to get stuck between a rock and a hard place, rising unemployment, the policy prescription for which is cutting interest rates, and rising |
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