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	Podcast:		Marketplace Morning Report
	Episode:		The U.S. and China reach 90-day tariff truce
	Category:		Business
	Duration:		00:06:49
	Publish Date:		2025-05-12 15:25:00
	Description:		U.S. tariffs against China have been cut from 145% to 30% as part of a new 90-day trade deal. This is still higher than when President Donald Trump assumed office and could result in higher consumer prices and lower corporate profits. Also: Student loans follow some borrowers into retirement. The number of student borrowers over 62 rose by 59% from 2017 to 2023, and older borrowers are twice as likely to default than their younger peers.
	Total Play:		0