After months of sparring over tariffs, the Trump Administration says it has reached a deal with China on trade negotiations, but many businesses and consumers are still feeling uncertain about the economy. The deal imposes 55% tariffs on most Chinese imports, down from President Trump’s earlier 145% tariffs that would have made it prohibitively expensive for many U.S. businesses to import goods from China, our second-largest trading partner. The back-and-forth trade policies have left businesses ranging from souvenir shop owners in Chinatown to big box stores unsure how to plan for the future. We’ll talk about what the current tariff deals look like and what they could mean for jobs, prices and inflation.
Guests:
Kevin Truong, business editor, The San Francisco Standard
Sid Malladi, CEO and founder, Nuvo
David Goldman, executive editor, CNN Business
Learn more about your ad choices. Visit megaphone.fm/adchoices
