A 10% tariff on Chinese goods went into effect on Tuesday as China retaliated with its own set of tariffs. Earlier Donald Trump put his threatened 25% tariffs against Canada and Mexico on hold for 30 days after discussions with the countries’ leaders. Trump says he brought the two neighboring countries to their knees, but the Wall Street Journal called Trump’s tariffs “the dumbest trade war in history.” We’ll talk to experts about tariffs, the international response to Trump’s actions, and the impact they may have on businesses and consumers.

Guests:

Shannon O'Neil, senior vice president, director of studies and Maurice R. Greenberg Chair, Council on Foreign Relations; author, "The Globalization Myth: Why Regions Matter" and "Two Nations Indivisible: Mexico, the United States, and the Road Ahead."

Kyle Handley, associate professor of economics, School of Global Policy and Strategy, UC San Diego; director, Center for Commerce and Diplomacy

Scott Horsley, chief economics correspondent, NPR News