Make Me Smart

• We have a trade deal with Japan, right?

  Earlier this week, President Trump announced a “massive” trade deal with Japan. But as Japanese officials clarify some of the terms, it’s not clear how concrete the deal actually is. We’ll explain. Also, some wealthy Democrats who stand to benefit from Trump’s tax cuts are rallying against them. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:"Cracks widen in Japan and US’s interpretation of tariff trade deal" from The Financial Times "Trump’s Tariffs Are Being Picked Up by Corporate America" from The Wall Street Journal "Rich liberals do not want their big Trump tax cut" from The Washington Post"AI has come for the fragrance industry" from Marketplace "Want to pay down the national debt? The US government will take Venmo" from The Verge "Meme stocks have staged a surprising return" from Marketplace "Restaurants Are Trying to Tariff-Proof The Menu" from EaterWe love hearing from you. Leave us a voicemail at 508-U-B-SMART or email [email protected].

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• The realities of No Tax on Tips and Overtime laws

  Republicans’ newly passed tax and spending law makes good on a promise President Trump made over and over on the campaign trail: No Tax on Tips and Overtime. But the change likely won’t have the drastic impact many workers think it will. Marketplace’s Kristin Schwab joins us on the show today to break down the nuts and bolts of how the tax breaks will work and how American workers and businesses could be affected. Plus, Kimberly’s cat Artax makes an appearance.Here’s everything we talked about today:"How the new "No Tax on Tips" and overtime laws work" from Marketplace  "No Tax On Tips And Overtime: What Workers Should Know" from Bankrate"Here’s A Tip: ‘No Taxes on Tips’ May Be Good Politics But Is Bad Policy" from the Tax Policy Center“An Illustrated Guide to Who Really Benefits From ‘No Tax on Tips’” from The New York TimesJoin us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 Pacific/6:30 Eastern. See you then!

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• The trade-offs of Japan’s trade deal

  President Trump announced a trade deal with Japan that will impose 15% tariffs on imports. Wall Street is happy, but it could put the United States in an awkward position as the Trump administration continues to seek other deals. Sabri Ben-Achour explains. Also, the federal government is leading a major deregulatory crusade. And they want your input. Plus, quilts and blooming plants make us smile.Here’s everything we talked about today:"Trump's Labor Department proposes more than 60 rule changes in a push to deregulate workplaces" from AP News"Trump Strikes Deal With Ally Japan Setting Tariff Rate at 15%" from BloombergListener Jen’s quilting Instagram We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email [email protected].

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• What happens when a data center moves to town?

  Lately, tech companies like Meta have been putting hundreds of billions toward building new data centers to power their AI ambitions. Some communities have been pushing back, however, arguing these facilities strain local resources. But demand for data centers isn’t expected to slow down anytime soon. On the show today, Landon Marston, professor of civil and environmental engineering at Virginia Tech, explains what data centers actually are, why they require so much energy and water to operate, and how they can affect nearby communities. Plus, how can data centers become more sustainable?Later, reflections on Medicaid cuts and the power of journaling. And, a listener makes us smarter about “100-year floods.”Here’s everything we talked about today:"Their Water Taps Ran Dry When Meta Built Next Door" from The New York Times"Coreweave stock pops after company announces $6 billion AI data center in Pennsylvania" from CNBC"Meta's Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push" from Reuters "How A.I. Is Changing the Way the World Builds Computers" from The New York Times"China Is Putting Data Centers in the Ocean to Keep Them Cool" from Scientific American ”The 100-Year Flood” from the U.S. Geological Survey We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email [email protected].

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• Trump administration gives ICE access to Medicaid records

  The Trump administration has agreed to share the data of millions of Medicaid enrollees with Immigration and Customs Enforcement officials in an effort to locate immigrants who may be undocumented in the U.S. We discuss the implications of this agreement. And, we explain a White House executive order in the works than plans to target AI models seen as too “woke.” We get into how that aligns with the Trump administration’s efforts to dismantle diversity, equity and inclusion initiatives. Plus, we’ll play a round of Half Full/Half Empty!Here’s everything we talked about today:“Trump administration hands over Medicaid recipients’ personal data, including addresses, to ICE” from The Associated Press“White House Prepares Executive Order Targeting ‘Woke AI’” from The Wall Street Journal“A UK-based company hopes to use “robot dogs” to address labor shortages in health care” from Marketplace“Social media algorithms create “algospeak,” a kind of internet slang” from Marketplace“Roblox will scan users’ video selfies to assess their ages” from WIRED“TSA to add a lane for families with children and members of the military” from Fast CompanyFederal funding for public media has been eliminated. This is a critical time for public media, including Marketplace. Give now: https://support.marketplace.org/smart-sn

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