Transcript
Marlena Mellentin (0:01)
Npr.
Stephen Bisaha (0:12)
One of the big economic surprises this year is how long it took tariffs to hit consumer wallets.
Waylon Wong (0:18)
The key word here is consumer wallets. If you're say a car company, then, well, tariffs have been expensive. That bill will likely be around $30 billion for the carmakers this year, according to Mo. And that will likely end up on the consumer side eventually with higher car prices.
Stephen Bisaha (0:36)
Now there is a solution for carmakers and it gets to one of the main objectives behind Buy American.
Waylon Wong (0:43)
Foreign automakers already have huge assembly plants in the US but lots of parts and materials come from overseas. So to avoid these costly tariffs, why not just switch to buying those parts from an American supplier? Easy, right?
Stephen Bisaha (0:57)
But how do you actually meet those US Companies for everything from raw steel to finished parts to staffing? Well, there's always speed dating. This is the indicator from Planet Money. I'm Stephen Bisaha.
Waylon Wong (1:10)
And I'm Waylon Wong. On today's show, we go to an auto manufacturing speed dating event to see if tariffs can really lead to a spark between carmakers and US Suppliers.
Stephen Bisaha (1:21)
And we learn why supply chain matchmaking is less quick playing than long courtship.
Waylon Wong (1:26)
I gotta pitch this to Netflix.
Stephen Bisaha (1:27)
Steven Love is blind. Move on over.
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