What history shows us about tariffs and the economy

"Tariffs of this kind of magnitude always do more damage than good," says Diane Swonk, chief economist at the audit, tax and advisory firm KPMG. Today, we'll get assessments on the economic impacts of the trade war under President Donald Trump in 2018. Plus, we'll learn how a furniture store CEO and carnival operator are navigating tariff-induced uncertainty. And later, we'll hear about the difference that New Mexico's free child care makes for working families.

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Marketplace® is the leading business news program in the nation. We bring you clear explorations of how economic news affects you, through stories, conversations, newsworthy numbers and more. The Marketplace All-in-One podcast provides each episode of the public radio broadcast programs Marketplace, Marketplace Morning Report®and Marketplace Tech® along with our podcasts Make Me Smart, Corner Office and The Uncertain Hour. Visit marketplace.org for more. From American Public Media.