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How tariffs can bog down a small business

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President-elect Donald Trump has called for a weaker dollar given it would be good for American exporters. But tariffs, a staple of his economic policy, would actually strengthen the dollar. Today on the show, we explain tariffs and currencies by following one bag manufacturer from New Jersey.
Related episodes:
How Trump’s tariffs plan might work (Apple / Spotify)
Worst. Tariffs. Ever. (update) (Apple / Spotify)
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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