E2068: China Tells Trump They Aren't Backing Down

China opposes Trump’s threat to raise tariffs by 50% on Chinese imports, promising countermeasures. This follows China’s 34% tariffs on U.S. goods. Analysts warn rising tariffs could cut China’s growth by 1.5-2 points, straining hopes for a trade deal amid escalating tensions. Hosted on Acast. See acast.com/privacy for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.Discover other shows on the Talk Red Podcast Network, and get your daily fix of news, sports, and entertainment at https://TalkRed.com.DISCLAIMER: Some elements of this podcast may include AI-generated content, such as cover thumbnail images, show descriptions and some background audio. Hosted on Acast. See acast.com/privacy for more information.