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Trump also slammed China, which retaliated against his sweeping tariff policy Friday with a new 34% tariff on U.S. goods.
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Trump goes all in with bet that the heavy price of tariffs will pay off for Americans AP News'Only the weak will fail,' Trump says as markets fall ABC7 ChicagoDow drops 2,200 points Friday, S&P 500 loses 10% in 2 days as Trump's tariff rout deepens: Live updates CNBCTrump's self-inflicted tariff crisis sparks confusion, chaos and questions of competence
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Ever wondered why you can buy fresh Peruvian blueberries in the dead of winter? The answer, surprisingly, is tied to cocaine. Today on the show, we look at how the war on drugs led to an American trade policy and a foreign aid initiative that won us blueberries all year round.
And for more on trade and tariffs check out Planet Money's homepage. We've got articles looking at how much the new tariffs will raise prices and shows on everything from diamonds to potatoes to why you bought your couch.
This episode was produced by Sylvie Douglis with help from Willa Rubin. It was edited by Marianne McCune and engineered by Jimmy Keeley. It was fact-checked by Sierra Juarez. Alex Goldmark is our executive producer.
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