Who’s Really Paying for Tariffs? Hint: It’s Not Foreign Companies
Big Take11 Aug 2025

Who’s Really Paying for Tariffs? Hint: It’s Not Foreign Companies

President Trump’s so-called reciprocal tariffs have pushed the average US tariff rate to 15%, up from just over 2% last year. But who’s actually footing the bill so far?

On today’s Big Take podcast, Bloomberg Businessweek’s “Everybody’s Business” host Stacey Vanek Smith takes Sarah Holder through Tariff 101: How is that money being collected and where is it going?

Read more: It’s Only a Matter of Time Until Americans Pay for Trump’s Tariffs

See omnystudio.com/listener for privacy information.

Episoder(819)

Netflix’s $82 Billion Power Play for Warner Bros.

Netflix’s $82 Billion Power Play for Warner Bros.

News broke overnight that Netflix is acquiring Warner Bros. Discovery in a cash-and-stock deal valued at $82.7 billion. It’s a deal raising eyebrows in the entertainment industry, from Netflix compet...

5 Des 202516min

Why We Can’t Quit Microsoft Excel

Why We Can’t Quit Microsoft Excel

Excel. If you work in corporate America, that word either inspires laser-focused productivity or pure dread. Over the last 40 years, the spreadsheet software has become synonymous with the best — and ...

4 Des 202518min

Are We Headed For Another ‘Crypto Winter’?

Are We Headed For Another ‘Crypto Winter’?

Back in October, Bitcoin reached a record high. Just a few weeks later, its price had plunged, taking out over $1 trillion dollars in assets along with it. On Tuesday, it rallied. But dips across the ...

3 Des 202518min

Hong Kong's Catastrophic Fire Provokes Questions and Fury

Hong Kong's Catastrophic Fire Provokes Questions and Fury

Hong Kong’s worst fire disaster in decades has stirred up public anger over negligence, safety standards and official accountability. On today’s Big Take Asia podcast, host K. Oanh Ha talks to Bloombe...

2 Des 202519min

Where US-Russia Talks Leave Ukraine

Where US-Russia Talks Leave Ukraine

On Monday, Trump envoy Steve Witkoff flew to Moscow, while Ukrainian President Volodymyr Zelenskiy visited France. Witkoff is expected to meet with Russian President Vladimir Putin to try and sell him...

1 Des 202516min

The Big Business of the Doodle Boom

The Big Business of the Doodle Boom

Goldendoodles, bernedoodles, labradoodles, cockapoos, everywhere you look, it seems like doodles — those fluffy, adorable poodle mixes — are taking over sidewalks, cafes and TikTok feeds. But the ubiq...

28 Nov 202517min

Wanted: Fed Chair. Must Run World’s Largest Economy, Manage Up

Wanted: Fed Chair. Must Run World’s Largest Economy, Manage Up

Weeks before the Trump administration is expected to name its pick for the next US Federal Reserve chair, current White House economic adviser Kevin Hassett leads a group of five finalists. Whoever pr...

26 Nov 202518min

All Eyes on Japan and China Tensions After Taiwan Remark

All Eyes on Japan and China Tensions After Taiwan Remark

After a rare public comment on Taiwan from Japan’s new prime minister, Sanae Takaichi, relations between the two nations are at a historic low — and Beijing is ramping up its economic retaliation. On ...

25 Nov 202517min

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