As Trump imposes big tariffs on China, who gets hurt more?

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President Trump today slapped $50-60 billion worth of new tariffs on China. China will likely respond in kind -- there’s talk it may even target regions of the United States that support Trump. Meanwhile, Trump’s tariffs on steel and aluminum start Friday, but some big U.S. allies are exempt, including Mexico, Canada, and the EU.

Credits

Guest:
Chris Thornberg - Founding Partner at Beacon Economics LLC

Host:
Madeleine Brand

Producers:
Gina Pollack, Sarah Sweeney, Michell Eloy, Amy Ta, Christian Bordal, Quinn O'Toole, Yael Even Or, Devan Schwartz