Fault Lines Episode 450: Tariff Tensions—Trade Deals, Retaliation, and Resetting the Market
Today, Jess, Les, Matt, and Algene break down the latest developments in U.S. trade policy. A new U.S.-UK agreement lowers tariffs on select British imports to 10%, including automobiles, aluminum, and steel. Meanwhile, the U.S. and China are set to meet this weekend in Geneva to jumpstart trade talks aimed at easing escalating tensions, as President Trump recently declared on social media that an 80% tariff on Chinese goods "seems right.”
Is the U.S.-UK trade deal a meaningful step forward, or a symbolic win? Can the upcoming U.S.-China talks ease economic pressure and provide relief for American businesses and consumers? What are the national security stakes in U.S.-China trade negotiations?
Check out the answers to these questions and more in this episode of Fault Lines.
Check out these stories which helped shape our experts’ opinions.
https://www.reuters.com/world/us/trumps-says-china-wants-negotiate-meet-right-time-2025-05-06/
https://www.cnn.com/business/live-news/trump-us-uk-trade-announcement
https://www.politico.eu/article/eu-ready-fresh-100-billion-counterstrike-donald-trump-tariffs/
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@NotTVJessJones
@lestermunson
@WMattHayden
@AlgeneSajery
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