Episode 102: Trade War with China Escalates
Last Friday President Trump increased tariffs on certain Chinese products from 10 percent to to 25 percent.
This latest escalation in the trade war with Chinese has economists, Democrats, and Republicans alike wary of the end impact Americans may face. Despite the regression in negotiations, President Trump remains optimistic that he will be able to come to an agreement with China.
In the latest episode of Fox News Sunday, Chris Wallace interviews Director of the National Economic Council, Larry Kudlow. Kudlow makes news by acknowledging the reality that Trump seems to ignore: that tariffs increase the prices American consumers pay and lowers the Chinese GDP at the same time.
We also explore an extensive interview with Kamala Harris on CNN’s State of the Union.
Highlight / Lowlight
Tariffs Impact American Consumers
Trump’s Foreign Headaches
Kamala Harris Builds Her Case
We leaned on the following two articles and studies to understand the Chinese trade war:
'It can't get any worse': Iowa farmers suffer as U.S. trade war with China escalates (Des Moines Register)
China-U.S. Trade Issues (Congressional Research Service)
Love our show and want to support us directly? You can support us on our Patreon.
Want to stalk us some more? Check out some of our other work:
Brendan’s website: www.armisticedesigns.com
Naomi's website: www.startwithaquestion.org