Davos drama, credit card caps and tariff truths

This episode of The Indicator from Planet Money analyzes three economic indicators. First, it examines the World Economic Forum in Davos, noting Larry Fink's efforts to revitalize the event and the contentious discussions between global leaders. Second, it addresses the impact of American tariffs, citing a German research institute's finding that Americans pay 96% of these tariffs, with only a small portion absorbed by foreign exporters. Finally, it delves into the potential consequences of capping credit card interest rates at 10%, referencing a survey by the American Bankers Association that suggests such a cap could significantly reduce credit access for many cardholders.