Excerpt
SUMMARY: President Trump set into motion on Friday a 25 percent fee on more than 800 Chinese imported goods and China hit back with tariffs of its own on products like soybeans, pork and corn, which target areas that voted heavily for Trump. Amna Nawaz talks with David Honig of Indiana University McKinney Law School, and Yasheng Huang of MIT's Sloan School of Management.
"Settlement with China over trade war unlikely" PBS NewsHour 7/7/2018
Excerpt
SUMMARY: The trade war between the world’s two largest economies officially began Friday as tariffs on $34 billion of Chinese goods went into effect. Calling it the “biggest trade war in economic history,” Chinese officials had said China would raise similar tariffs on U.S. imports including pork, soybeans and automobiles. Ana Swanson of The New York Times joins Hari Sreenivasan for more.
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