Everything is about to get more expensive. Here’s what to know.

On today’s show: Reuters reports that the world is on the brink of a trade war. USA Today explains what it all means for our wallets.  Is flying less safe right now? Zach Wichter with USA Today answers the key questions.  Semafor’s David Weigel unpacks what the selection of a new Democratic National Committee chair means for the future of the party. Plus, Elon Musk now has access to a crucial Treasury Department payment system, the NBA trade that shocked the entire league, and the Grammy Awards’ biggest winners. Today’s episode was hosted by Gideon Resnick.