In today's episode, we delve into China's planned retaliation against the U.S. tariffs set to begin on April 5, 2025. We explore the potential economic impacts on both nations, the global trade landscape, and the broader geopolitical implications. Join us as we discuss how this trade dispute could reshape international relations and economic power dynamics.

Sources:

https://www.scmp.com/news/us/diplomacy/article/3304971/trump-announced-34-reciprocal-tariffs-chinese-goods-part-liberation-day-package

https://www.youtube.com/watch?v=QxDJO0ppUhw

https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/

https://budgetlab.yale.edu/research/where-we-stand-fiscal-economic-and-distributional-effects-all-us-tariffs-enacted-2025-through-april

https://www.richmondfed.org/publications/research/economic_brief/2025/eb_25-12

https://www.kiplinger.com/taxes/whats-happening-with-trump-tariffs

https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/

https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/