Global tariffs introduced by the US government under the second Trump administration on April 2nd have rocked global markets. While they have been reduced to a blanket rate of 10 percent a week later, they have increased for China to 145 percent. In retaliation, the Chinese government raised tariffs on all US goods to 125 percent. Johannes Heller-John talks to Jacob Gunter, Lead Analyst at MERICS, about the aims of the US government, the impact on the Chinese economy and the way forward for Europe.

More information:

• MERICS China Essentials Special Issue: The US-China trade war

----

This podcast is part of the project “Dealing with a Resurgent China” (DWARC) which has received funding from the European Union’s Horizon Europe research and innovation programme under grant agreement number 101061700.

Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union. Neither the European Union nor the granting authority can be held responsible for them.