President Trump recently decided that the U.S. would charge tariffs (taxes added to specific imported goods) on aluminum and steel from certain countries. The nations affected by this decision, such as the European Union and Canada, argue that this breaks agreements the U.S. has made with the World Trade Organization (WTO). The U.S. argues that these tariffs protect American national security. If the WTO cannot resolve this conflict, it may lead various countries to begin raising tariffs on each other, ultimately hurting the global economy. Listen to learn more about this possible trade war.
Story Length: 4:40
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August 6, 2018
3:56
The Trump administration recently raised tariffs, or fees, on many things the U.S. imports from countries like China. In response to this, some countries have put their own tariffs on U.S. agricultural exports, like hogs and soybeans. These new fees are hurting U.S. farmers because they can’t sell as much overseas. Now, the Trump administration has decided to offer billions of dollars in federal aid to the farmers who are struggling with these new tariffs. Listen to learn more about the governmental assistance the Trump administration is offering farmers.
Read MoreApril 16, 2018
2:33
President Trump and President Xi Jinpin of China have said they are going to impose taxes on imports and exports from each others’ countries. Because China is imposing its own tariffs in response, American businesses and consumers may see cost increases. The tariff dispute has created concern that this might escalate into a trade war. Listen to hear more about the promised changes in trade between the United States and China.
Read MoreMay 3, 2017
5:06
President Donald Trump has reached 100 days in office, and he is beginning to feel the pressure to make good on his campaign promises. President Trump has promised to unveil a “phenomenal” tax reform, and as a result, investors are cautious as they wait to see if the tax reform is passed. Many are also curious about the federal budget and concerned about some of Trump’s plans, such as cutting federal aid. Listen to learn more about President Trump’s economic policies in his first 100 days.
Read MoreJune 8, 2016
3:20
Building anything from steel, such as buildings or cars, requires an understanding of how the material responds to force. And yet the largest machine in the world that measures force on steel is decades old. This machine measures compression and tension force, up to a million pounds. It was recently restored and refurbished, and could keep measuring force for another 50 years. Listen to hear about this valuable machine.
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