With the impacts of President Trump's trade wars beginning to be felt in the US, we discuss the macro- and micro-economics of the administration's trade policy.

On Today's Show:
Kimberly Adams, senior Washington correspondent for Marketplace and the co-host of the Marketplace podcast “Make Me Smart,” talks about the latest news on tariffs, including the end of the de minimis exemption, which may lead to higher prices for consumers. Plus, Arthur Dong, professor of strategy and economics at the McDonough School of Business at Georgetown University, offers analysis of the US-China relationship as Beijing is considering whether it should begin to negotiate with President Trump on trade.