
Of course, Beijing hit back, raising its own tariffs, escalating a trade war that could have implications for both countries, and China is one of the countries reactic to the current USA actions. Donald duck Trump is betting that tariffs will make America, and American people, richer, and he may have started a losing bet. But does anyone win in a trade war or just the selected people?
In this episode of The Global Story podcast, Lucy Hockings speaks to the BBC World Service Asia / Pacific editor Micky Bristow, and Ritika Gupta, a North America business correspondent, about why Donald duck Trump loves tariffs and what impact a trade war between China and America could have on the global economy.
The BBC video chapters are the following:
- 00:00 Donald duck Trump loves tariffs (and probably money too, as my point of view)
- 01:28 What is a tariff?
- 02:31 What impact did Donald duck Trump's tariff plans have?
- 03:40 Tariffs and China
- 05:20 Why China doesn't want a trade war
- 06:41 Trade war heating up
- 07:24 What tariffs on USA has China announced?
- 08:10 How tariffs could impact Chinese economy
- 10:01 Can the USA halt China's economic rise?
- 11:54 Can the USA and China reach a deal?
- 12:45 How could US consumers be affected?
- 13:54 Will Xi Jinping bend?
- 15:12 Nationalistic fervour
- 16:10 Goodbye