President Trump announced a new trade deal with China after days of negotiations. Here’s the thing: Trump’s tariffs on China will stay the same. So what did the two countries actually agree to? We’ll get into it. And, after Health Secretary Robert F. Kennedy Jr. fired a panel of experts that advises the Centers for Disease Control and Prevention on vaccines, doctors and insurance companies are wondering who they should look to for guidance. Plus, a life-sized stuffed moose on Capitol Hill makes us smile.

Here’s everything we talked about today:

• "Trump Hails Progress With China, but Details Are Sketchy" from The New York Times
• "RFK Jr. just fired the government’s vaccine experts. What do you do now?" from Vox
• "Former CDC director reacts to RFK Jr.’s firing of entire vaccine advisory panel" from PBS News
• "If you move a moose through the Senate" from Roll Call

• "An 84-Year-Old Woman on a Pony Inspires Awe—and Concern—in the U.K." from The Wall Street Journal

  
  

  We want to hear from you. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

For decades, going to college has been seen as a reliable path to good jobs and economic success in the United States. But a recent Indeed survey reported that over half of Gen Z respondents beg to differ. As tuition prices continue to rise and the Trump administration takes aim at higher education institutions, is the way we view college changing? On the show today, Bryan Alexander, a higher education writer and senior scholar at Georgetown University, explains why college is still a worthy investment for most students, why more people are considering certificate programs and technical schools, and how President Trump’s attacks on elite universities are a risk to higher education as a whole.

Then, Kimberly breaks down the difference between the reconciliation bill and government spending bills in Congress. And, Casey Johnston, author of “A Physical Education,” answers the Make Me Smart question.

Here’s everything we talked about today:

• "Report: 51% of Gen Z Views Their College Degree as a Waste of Money" from Indeed
• "Against college for all: the AFT president" from Bryan Alexander
• "Americans Are Losing Faith in the Value of College. Whose Fault Is That?" from The New York Times
• "Good Jobs Project" from Georgetown University
• "House considers Trump cuts as Senate Republicans work on reconciliation bill" from Roll Call
• "Deal or no deal? Inside reconciliation and gov’t funding" from Punchbowl News
• "A muted backlash to Trump’s new travel ban" from Politico
• "Have Americans grown numb? Trump’s new travel ban met with muted reaction" from MSNBC

• "Finding Strength in a Bigger Body" from The Cut

  
  

  
  Got a question about the GOP’s reconciliation bill? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

President Donald Trump deployed California National Guard troops to Los Angeles on Sunday, following demonstrations over the weekend protesting the Trump administration’s immigration crackdown. The decision was made without California Governor Gavin Newsom’s approval, and the state is now suing the “illegal and immoral” move. We get into all the potential ramifications of the uptick in immigration raids. Then, we discuss how people in other countries have coped with anti-democratic forces in their own communities. Finally, we smile at the original cast of “Hamilton” reuniting for the musical’s 10-year anniversary.

Here’s everything we talked about today:

• “The Beautiful Danger of Normal Life During an Autocratic Rise” from The New York Times
• “The 78th Annual Tony Awards® | Hamilton 10 Year Anniversary Performance” from CBS
• “The original cast of ‘Hamilton’ reunites on the Tonys stage with rousing performance” from CNN
• “When to see June’s full strawberry moon on Tuesday night” from The Washington Post

Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

From our sponsor: Imagine if you could ask someone anything you wanted about their finances. On “What We Spend,” people from across the country and across the financial spectrum are opening their wallets — and their lives — to tell you everything: What they make, what they want, and — for one week — what they spend.

“What We Spend” is available wherever you get your podcasts!

Hey Smarties! Make Me Smart is taking a short break while Kimberly and Reema cook up something good for you!

In the meantime, we’re bringing you an episode from “Financially Inclined” a podcast from Marketplace that helps families learn more about money. It turns out where you park your money can actually make a difference in the fight agains climate change. Today, host Yanely Espinal speaks with author and financial educator Kara Perez about how you can spend, save and invest your money in a way that aligns with your values, without sacrificing your financial goals. Plus, they share practical tips for how to use your money to make a real impact.

It’s Kai’s last day as a regular co-host of “Make Me Smart” and he’s got a solid rant (and two bleeps). We’ll get into the Trump administration’s push to block international students at Harvard, thretening one of American’s biggest exports: higher education. Plus, we’ll unpack the Supreme Court’s 4-4 split over a separation of church and state case. And, could penguin poop be a tool against global warming?

Here’s everything we talked about today:

• “Supreme Court deadlocks, blocking creation of first religious public school” from The Washington Post
• “Trump Administration Halts Harvard’s Ability to Enroll International Students” from The New York Times
• “Harvard University Loses Student and Exchange Visitor Program Certification for Pro-Terrorist Conduct” from the U.S. Department of Homeland Security
• “Stop making cents: US Mint moves forward with plans to kill the penny” from AP News
• “Penguin Poop Could Limit Global Warming’s Impact on Antarctica” from Bloomberg

“Make Me Smart” is going on a break! Kimberly and Reema will be back with new episodes June 9. We’d love to hear from you while we’re away. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

The Senate unexpectedly passed the No Tax on Tips Act, one of President Trump’s many campaign promises. We’ll explain what’s actually in the bill and where it goes from here. Plus, the Trump administration has officially accepted a $400 million luxury jet from Qatar for use as Air Force One. We’ll get into the grift of it all. Plus, one man’s search for younger looking skin and a manga story to smile about.

Here’s everything we talked about today:

• "The Senate passed Trump’s No Tax on Tips Act. Here’s what it could mean." from The Washington Post
• "No Tax on Tips Act: What to know about the bill and what comes next" from The Hill
• "Republicans Think They Have a Way to Blow Up the Filibuster Without Anyone Noticing" from Slate
• "A Terrible Idea" from Just Security
• "A 70-Year-Old Man’s Search for Younger-Looking Skin" from The Wall Street Journal
• "Defense Department accepts Qatari luxury jet for Air Force One use" from The Washington Post
• "Trump Lectures South African President in Televised Oval Office Ambush" from The New York Times
• "How Manga Megastar Junji Ito Makes Terrifying Series Like ‘Uzumaki’" from The New York Times
• "Shark fisherman uses drone to save teenage girl from rip current at Pensacola Beach" from CBS News

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Things aren’t looking so good for the U.S. dollar. Though it’s spent decades as the world’s reigning reserve currency, it’s been weakening lately thanks to tariffs and uncertainty in the U.S. economy.

But its declining value, has been in the making for a while, according to Harvard economist and author of the new book, “Our Dollar, Your Problem,” Kenneth Rogoff.

“The problem we’re facing is that, independent of this dollar phenomenon, interest rates are going up,” said Rogoff. “And if you’re the world’s biggest debtor, that’s tough.”

Rogoff joins Kai and Kimberly to unpack how the greenback became the world’s go-to currency, what a reserve currency actually is, why it’s been losing some of its value lately and what might take its place. Plus, how does military power tie into all this?

We’ll also get into some potential cryptocurrency regulation coming down the pipeline and discuss the troubling parallel between Trumpism and Brexit.

Then, you tell us what books help you reset – from classic literary romances to an apocalyptic sci-fi tale. And, our intern, Zoha Malik (hi!) shares her answer to the Make Me Smart question.

Here’s everything we talked about today:

• “Our Dollar, Your Problem,” by Kenneth Rogoff from Yale University Press
• “How Trump Could Dethrone the Dollar” from Foreign Affairs
• “Why Is The US Dollar Weakening? Trump’s Tariffs Push Dollar Index To 3-Year Low.” from Forbes
• “Senate advances landmark crypto bill with Democrats divided” from Politico
• “Senate Advances Crypto Regulation Bill With Bipartisan Support” from The New York Times
• “Senate advances a major crypto regulation bill on a bipartisan vote” from NBC News
• “Brexit’s Failures Could Foreshadow Trump’s. Just Not in the Way You Might Think.” from The New York Times

Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.