Up First from NPR
China's Counter-Tariffs; CEOs Respond to Market Uncertainty; Trump's Deportations
Apr 12, 2025
Tensions between the U.S. and China escalate as China's sharp tariffs loom over American-made goods. Business leaders share their worries about navigating a shaky economy under these trade pressures. The podcast also delves into the legal complexities surrounding deportation policies, focusing on high-profile cases that challenge due process. With a backdrop of uncertainty, the dialogue reveals how global trade dynamics are shifting and what it means for both consumers and corporations.
12:35
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Quick takeaways
- The escalating trade war between the U.S. and China, marked by significant tariffs, threatens to halt bilateral trade and exacerbate economic uncertainty.
- The Trump administration's deportation policies raise critical questions about due process and civil liberties, particularly affecting individuals legally residing in the U.S.
Deep dives
Escalating Trade Tensions
The trade conflict between the U.S. and China has intensified, marked by staggering tariffs imposed on each other's exports. President Trump's tariffs on Chinese imports reached as high as 145%, prompting China to retaliate with a 125% tariff on U.S. goods. This ongoing tit-for-tat response signals a disturbing lack of resolution, as both nations seem unwilling to back down. Experts warn that if such tariffs persist, trade between the two superpowers could effectively come to a standstill, triggering further economic uncertainty.
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