A "temperature check" on U.S.-China economic relations

We talked with Jay Shambaugh of the Treasury Department, leader of the most recent U.S.-China Economic Working Group meeting.
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Economic issues take the stage during the presidential debate

Former President Donald Trump and Vice President Kamala Harris sparred over various topics, including tariffs and inflation.
Tariffs and the Affordable Care Act were two issues that received airtime during the presidential debate.
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For this hog farmer, uncertainty in Washington is top of mind

Will there be a new Farm Bill this year? Will the Federal Reserve cut interest rates? These are a few of the questions top of mind for Brian Duncan, farmer and president of the Illinois Farm Bureau.
Brian Duncan at his hog farm Polo, Illinois
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Business reactions to Biden Administration tariffs vary widely

Jun 26, 2024
Some businesses say the new tariffs will put them on a level playing field with Chinese exporters. Others see little advantage.
Biden is keeping many  Trump-era tariffs and introducing new ones, including lithium ion batteries, electric vehicles and feeding tube parts. 
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New China tariffs have arrived. How do voters feel about them?

New polling data reveals that voters generally support tariffs more when they target China.
This week, President Joe Biden unveiled tariff increases for electric vehicle batteries, computer chips and more coming from China.
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How tariffs compare in the Biden and Trump eras

May 14, 2024
Both used tariffs to support American jobs and industries. But the Biden administration's have been higher and more targeted.
President Biden announced increased tariffs on Chinese products Tuesday. The current administration's levies are higher and more targeted than those under Donald Trump.
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How new China tariffs could affect prices for U.S. business owners, consumers

May 14, 2024
When tariffs increase, costs often go up for business owners, who often then pass some of those increased costs along to consumers.
The Biden administration worries that importing Chinese EVs will hurt U.S. manufacturers, said Howard Gleckman with the Urban-Brookings Tax Policy Center.
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For public good, not for profit.

Once again: Who pays for tariffs on Chinese steel?

Apr 17, 2024
As the Biden administration proposes tripling duties, experts recall how previous tariffs mainly hit American consumers and industries.
President Joe Biden speaks to members of the United Steel Workers Union in Pittsburgh on Wednesday, announcing plans to raise tariffs on Chinese steel.
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The Biden administration is worried about Chinese cars — and the electronics that come with them

Feb 29, 2024
The administration says the electronics could transmit sensitive information about U.S citizens and infrastructure. But it's also worried about the impact of Chinese EVs on U.S. automakers.
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Economic issues at the annual CPAC meeting

Feb 19, 2024
At the annual meeting of right-wing thinkers, economic issues such as tariffs and government spending are expected to be discussed.
Former President Donald Trump is slate to speak at this year's CPAC and has already said he wants another round of tariffs.
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