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Tariffs, grocery prices and other listener questions

Planet Money

2025/01/17
Planet Money

Planet Money

2025/01/17

Shownote

Donald Trump is just about to begin his second presidency. And it may be safe to say that every single person in America has at least one question about what's to come in the next four years. So, we thought we'd try to answer your questions — as best we c...

Highlights

As Donald Trump prepares for a potential second term, questions about the economic implications of his policies loom large. From tariffs to oil prices and grocery costs, this episode dives into the complexities of presidential influence on the economy and what it could mean for everyday Americans.
03:30
Most U.S. oil production comes from private or state-owned land, reducing the president's direct impact on oil prices.
06:31
Market forces, not presidential policies, are the primary drivers of oil prices and inflation.
11:57
Egg prices have surged significantly due to bird flu, contributing to high grocery costs despite slowing inflation.
18:10
70% of NPR and PBS funding goes to local stations, ensuring vital community services and bipartisan support.
24:46
Apple avoided iPhone tariffs in the past through negotiations with Trump, but future tariffs remain uncertain due to shifting manufacturing and trade tensions.

Chapters

What Could a Second Trump Term Mean for Tariffs, Oil, and Grocery Prices?
00:00
How Much Can a President Really Influence Oil Prices?
06:31
Why Are Grocery Prices Still High Despite Slowed Inflation?
11:57
The History and Resilience of NPR Funding: Can It Survive Political Challenges?
18:10
Will Tariffs on iPhones and Other Goods Impact Your Next Purchase?
24:46

Transcript

Amanda Aronczyk: Donald Trump is starting his second term as president. What will his administration do and what policies will it promote? On the NPR Politics Podcast, we'll break down what the new administration does and explain why it matters. Listen to ...