Kyle Risdell
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Podcast Appearances
Wall Street, it was a relatively calm end to a not-so-calm week.
We will have the details when we do the numbers.
Here's some old news for regular listeners to this program.
Despite what President Trump has been saying for forever, tariffs are indeed taxes, the costs of which are being passed down to American consumers and businesses.
I point that out because there is some new news from the White House on tariffs today because grocery bills are in fact going up.
President Trump is going to carve out some exemptions from his tariffs.
Details are scarce, but there's been talk from some in the administration that relief might come to coffee and bananas, other foodstuffs as well, from Ecuador, Argentina, El Salvador and Guatemala.
Marketplace's Kristen Schwab made some calls to see what that might mean.
Consumers, of course, aren't the only ones looking for details on what those tariff exemptions might be.
There are also all the people in the trade trenches, so to speak, customs brokers among them.
We gave Gretchen Blau a call this morning.
She's our customs brokerage manager at Logistics Plus there in Erie, Pennsylvania.
It's going to be a big deal at IEPA case.
Gretchen Blau, Customs Brokerage Manager at Logistics Plus.
Honestly, whoever you're guessing it is, it almost certainly isn't.
But first, let's do the numbers.
Dow Industrials off 3.9 points today.
That is six-tenths of one percent, closed at 47,147.
The Nasdaq rose 30 points, tenth of one percent, 22,900.