The Ripple Effects of Trade Tariffs on U.S. Businesses

<p>Top economic officials from the U.S. and China met in Geneva, Switzerland over the weekend. This was the first time that they’ve had face-to-face since the start of their enormous trade war.</p><p><br></p><p>The U.S. has currently placed 145 per cent tariffs on China. China has responded with 125 per cent. These levies have essentially stopped business between the world’s two largest economies.</p><p><br></p><p>Daniel Desrochers is Politico’s international trade reporter. He’s here for a catch-up on the latest developments of the global trade war.</p><p><br></p><p>For transcripts of Front Burner, please visit:&nbsp;https://www.cbc.ca/radio/frontburner/transcripts</p>