Why looking at tariffs on one product doesn’t show the whole picture on trade

Apr 9, 2018
HTML EMBED:
COPY

Why looking at tariffs on one product doesn’t show the whole picture on trade

Apr 9, 2018
HTML EMBED:
COPY

Early this morning, at about 6 a.m. Eastern, the president did what he often does and tweeted.  It was a complaint about Chinese tariffs. China, he claimed, imposed tariffs of 25 percent on U.S. automakers, whereas the U.S. imposes tariffs of only 2.5 percent. “Does that sound like free or fair trade,” he wrote. “No, it sounds like STUPID TRADE — going on for years!” Marketplace’s Sabri Ben-Achour unpacks the reality behind that tweet.

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.