Saturday, 16 June 2018

Are US and China on the Brink of a Trade War? – Inside Story


The last ten years saw a marked improvement in trade between the United States and China. But Trump’s battle of the tariffs is threatening that. And there are fears of an all-out trade war. The U.S. is putting tariffs on 50 billion dollars’ worth of Chinese imports. The president says he wants a fairer trade with China.

But Beijing has fired back with a tit-for-tat response. It has published a list of more than 600 American products it plans to hit with its own taxes.

Is it a case of who blinks first in this economic brinkmanship? And what will it mean for global trade?

Presenter: Elizabeth Puranam | Guests Philippe LeGrain, Political Economist and Former Special Adviser to the Director-General of the World Trade Organization; Einar Tangen, China Political Analyst who advises the Chinese government on economic and development issues; Scott Lucas, Professor of American Politics at the University of Birmingham