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2025-05-30

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  • This is Ira Glass, the host of This American Life.

  • So much is changing so rapidly right now with President Trump in office.

  • It feels good to pause for a moment sometimes and look around at what's what.

  • To try and do that,

  • we've been finding these incredible stories about right now that are funny and have feeling and you get to see people everywhere making sense of this new America that we find ourselves in.

  • This American Life, wherever you get your podcasts.

  • Live from NPR News in Washington, I'm Corva Coleman.

  • A federal appeals court has temporarily restored President Trump's ability to impose sweeping global tariffs.

  • But as Wall Street tries to shrug off the latest tariff whiplash,

  • NPR's Maria Aspin reports some economists say the U.S. remains at an increased risk for recession.

  • Top executives at Goldman Sachs gathered to discuss the markets,

  • the financial industry, and the broader economy.

  • Speaking hours after a federal trade court blocked the tariffs, Goldman's chief economist,

  • Jan Hatzius, said he's still worried about damage to the U.S. economy.

  • Goldman currently predicts that the country has a 35% chance of tipping into a recession within the next year.

  • We don't think this court decision really makes a major difference.

  • The president loves tariffs.

  • Hotzius says he expects Trump to continue looking for ways to impose the tariffs.

  • Hours later, an appeals court gave them a temporary green light again.

  • Maria Aspin, NPR News, Dana Point, California.