The trade war between China and the United States continues with the Chinese government imposing more tariffs on U.S. imports. While the two nations are arguing about business practices and intellectual property, it is mostly individuals who are feeling the consequences of the trade dispute, which seems far from resolution. Listen to hear more about how U.S. residents are feeling the effects of the trade war between the global superpowers and what could come next.
Story Length: 5:58
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August 30, 2018
5:18
President Trump has recently established new trade policies, causing conflict with some of America’s most important global trade partners, such as Canada, Mexico, and China. As children go back to school, one reporter wanted to find out how these changing trade relationships could affect the costs of common school supplies. Listen to learn how global trade wars influence the price of colored pencils, erasers, and backpacks.
Read MoreAugust 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 MoreJune 25, 2018
4:40
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.
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.
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