The "de minimis" tax exemption on packages under $800 shipped to the U.S. came to an end in August. It's a move that's boosted business for logistics companies but has hit some smaller businesses at home and abroad hard. This morning, we'll learn outline the effects the change has had. Also on this morning’s show: an Nvidia licensing deal and the factors driving up precious metal prices.

Now that Christmas presents are unwrapped, many of you — you know who you are — will head to stores to return gifts and get what you actually want. But increasingly, retailers are charging for those returns. Then, a couple of months ago, more than 5 million shoppers embraced a boycott of three major retailers: Amazon, Home Depot, and Target. From "This Is Uncomfortable," we'll learn about the impact it had on shoppers.

From the BBC World Service: There's one word that's dominated the headlines this year: tariffs. Countries around the world have been grappling with the U.S. import taxes central to President Donald Trump's trade policy, so how are countries faring? We check in on Mexico, China, and others. Plus, the Trump administration eliminated the tax exemption for parcels under $800 this year. We investigate how the move is playing out four months on.

Gas prices are at the lowest level since 2021, according to AAA, as millions of Americans are traveling for the holidays. The average price of gas has been below $3 a gallon for most of the month. Plus, from "Marketplace Tech," ChatGPT has become the new WebMD. And from the Marketplace podcast "How We Survive," we learn what an invisible longitudinal line has to do with farmers, the economy, and the global food supply.

That's been the case for Thomas and Mariah Pisha-Duffly, a Portland foodie power couple with multiple James Beard Award nominations under their belt. Today, we chat with the Pisha-Duffys about their holiday meal planning, which focuses less on extravagance and more on family and serves as a departure from the stressors of the restaurant industry. But first, as you unwrap your Christmas presents, we check in on the supply chains that brought them to you.

From the BBC World Service: Have you ever wondered where your festive Christmas lights, ornaments, and toys all come from? Well, there's a good chance they originate in the Chinese city of Yiwu. It's home to a major the world's largest wholesale market and produces more than half of the world's Christmas decor. This Christmas morning, we'll take a trip to the city and hear how it's being affected by the latest U.S. tariffs

2025 has been the year of getting dragged back to the office for plenty of workers — some part-time, but many full-time in the case of big finance and tech corporations. Thing is, in-person work appeals to many younger workers. Today, we'll hear the perspective of one. Then, the State Department says it will deny visas to five European citizens, including a former top EU official, and domestic production is still adjusting to tariffs.

A federal judge has ordered the Trump administration to restore homeland security funding to 12 states and the District of Columbia. The administration had held back hundreds of millions of dollars from what it called "sanctuary jurisdictions." The cuts affected programs intended to support local police and emergency response in urban areas. Plus, food banks are bracing for strain ahead of changes to SNAP. We hear how services will be impacted on the ground in Kentucky.