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Apr 4, 2018

04/04/2018: Your trade war questions, answered

We should be clear from the jump: China and the U.S. are trading specific, escalating threats of tariffs, but none have actually gone into effect. So you could call it a “trade war,” but it really isn’t … yet. Still, you all have a lot of questions about what might happen if this cold trade war heats up. We’ll start today’s show with the economic fundamentals, then do our best to answer those questions. There’s even more on Marketplace.org. Plus: A look at what will happen to America’s agriculture industry if no one blinks in this macroeconomic game of chicken.

US President Donald Trump signs Section 232 Proclamations on Steel and Aluminum Imports in the Oval Office of the White House on March 8, 2018, in Washington, DC.
US President Donald Trump signs Section 232 Proclamations on Steel and Aluminum Imports in the Oval Office of the White House on March 8, 2018, in Washington, DC.
MANDEL NGAN/AFP/Getty Images

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We should be clear from the jump: China and the U.S. are trading specific, escalating threats of tariffs, but none have actually gone into effect. So you could call it a “trade war,” but it really isn’t … yet. Still, you all have a lot of questions about what might happen if this cold trade war heats up. We’ll start today’s show with the economic fundamentals, then do our best to answer those questions. There’s even more on Marketplace.org. Plus: A look at what will happen to America’s agriculture industry if no one blinks in this macroeconomic game of chicken.