Effective Use of Tariffs for Trade Relations

23sec Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The Biden administration announced an increase in tariffs on specific goods from China, including steel, aluminum, medical products, and electric vehicles. Tariffs are considered a reliable trade tool and have been traditionally used by the US to regulate trade relationships.

President Biden recently raised Trump-era tariffs, which could lead to even higher prices on Chinese imports. US Trade Representative Katherine Tai explains the Biden administration’s approach to trade with China, and Vox’s Dylan Matthews helps make sense of the changes.

This episode was produced by Miles Bryan with help from Victoria Chamberlin, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Andrea Kristinsdottir and Patrick Boyd, and hosted by Noel King.

Transcript at vox.com/today-explained-podcast

Support Today, Explained by becoming a Vox Member today: http://www.vox.com/members

Learn more about your ad choices. Visit podcastchoices.com/adchoices