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A U-Turn on Tariffs

A U-Turn on Tariffs

The Daily vor 1 Jahr

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28:56

After promising that tariffs against dozens of countries were
here to stay, no matter how much they hurt businesses or the
stock market, President Trump has abruptly reversed course.

But there’s an exception: his levies on China, which he said he
would raise to 125 percent.

Jonathan Swan, who covers the White House, explains why the
president changed his mind, and David Pierson, who covers China,
discusses why Beijing won’t back down.

Guest:

Jonathan Swan, a White House reporter for The
New York Times.

David Pierson, a foreign correspondent for The
New York Times covering China.

Background reading:

Inside President Trump’s reversal on tariffs.

The United States and China are engaged in a risky game of
chicken with no off-ramp in sight.

For more information on today’s episode,
visit nytimes.com/thedaily. Transcripts of
each episode will be made available by the next workday.

Photo: Eric Lee/The New York Times

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