The secret tariff-free zone

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The Indicator from Planet Money

2025-06-11

9 分钟
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There's something interesting happening at the Port of Baltimore. On today's show, we explore the hidden world of bonded warehouses, where you can stash your imported Latvian vodka or Dutch beer free from tariffs (for a while). Related episodes: Tariffied! We check in on businesses (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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  • NPR.

  • Robert, you look beach ready today.

  • I got my hat, umbrella, sunscreen,

  • triple protection, and a little sand colored beach reading.

  • The Beige Book.

  • What is more perfect for the beach than an obscure government document about current economic conditions?

  • I hope it's not too depressing.

  • In celebration of summer, I am only reading the parts that aren't all doom and gloom.

  • So it's a brief read.

  • Oh, excellent.

  • Well, we can honor the more unexpected and obscure parts of the book this time.

  • Take it away.

  • It's the Beige Awards,

  • our eight times a year salute to the art and science of telling stories about the economy.

  • I'm Robert Smith.

  • And I'm Waylon Wong.

  • And this time,

  • we are going to use the Beige Book to transport us to a magical place where the tariffs can't touch us,

  • the Port of Baltimore.

  • Just one warning before we leave, don't wear your pajamas.