Economist Podcasts Trade disunion: America’s tariff wars
Oct 7, 2019
This discussion features Samaya Keynes, Trade and globalization editor, and Tim Cross, Technology editor. They dive into the ongoing tariff battles between the U.S. and China, unpacking the implications for global trade. The duo also highlights the breakthrough of quantum supremacy and its transformative potential for computing. Additionally, they explore the impending submersion of the ancient town of Hasankeyf in Turkey due to a controversial dam project, raising critical concerns about cultural preservation and modernization.
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US Trade Disputes
- The U.S. and China will resume trade talks, with President Trump emphasizing America's strong position.
- A separate trade dispute with the EU has led to new tariffs on goods like aircraft and European food products.
Trump's Trade War Fronts
- President Trump's main trade war fronts are with China and the EU.
- Mini trade deals have been reached with Japan, Mexico, and Canada, easing tensions.
US-China Trade Talks
- US-China trade talks show positive signs, with high-level discussions resuming in Washington, D.C.
- However, significant differences remain, and new tariff increases are looming.