Marketplace U.S. to talk trade with China
7 snips
May 7, 2025 
Kristen Schwab, a Marketplace correspondent exploring personal economic journeys, and Sabree Beneshore, also a correspondent from New York, dive into the pressing topics of U.S.-China trade talks. They discuss the urgency of recent negotiations amid rising tariff pressures and the historically slow pace of substantial change. The duo also examines the impact of tariffs on businesses, revealing how entrepreneurs manage rising costs while preserving customer trust. Additionally, they share insights into corporate strategies with eurobonds and the emotional resilience of small business owners.
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Focus on Tariffs, Not Structures
- The main priority in US-China talks is to roll back tariffs causing immediate economic pain.
- Addressing deeper structural issues between the countries will take much longer to resolve.
Tariffs Create Economic Dilemma
- Tariffs have increased risks of higher inflation and unemployment in the US economy.
- This creates a dilemma since fixing inflation and unemployment requires opposite monetary policies.
Trade Deals Often Cosmetic
- Initial US-China trade deals offered cosmetic fixes and avoided the hardest problems.
- Meaningful resolutions require lengthy negotiations beyond short-term agreements.