Saturday Extra - Full program podcast Trade war deepens as China raises tariffs
Apr 11, 2025
Trita Parsi shares insights on the tumultuous U.S.-Iranian relations and the fallout from the Iran nuclear deal. Lizzie C. Lee discusses the escalating trade war, emphasizing China's strategies amid economic tensions. Les Danielson reflects on how tariffs are squeezing American farmers, while A.C. Grayling tackles the intricacies of cancel culture and the current culture wars. Lastly, Jonathan Roberts reveals the fascinating details of a human-robot half marathon, exploring the future of robotics in society.
AI Snips
Chapters
Transcript
Episode notes
Economic Impact of Trade War
- High tariffs, like the current 100+ percentage point, act as a mutual embargo, hurting both economies.
- The US bond market and dollar are threatened, making negotiation crucial but complex.
China's Trade Diversification Challenges
- China is attempting to diversify trade relations, but its coercive tactics have damaged trust with neighbors.
- Countries like Australia are hesitant to choose sides between the US and China.
Wisconsin Farmer's Tariff Woes
- Wisconsin farmer Les Danielson discusses the impacts of the brewing trade war with China.
- China is a major soybean importer, and tariffs cause farmers to shift to corn.