Finance

Was Trump Right to Increase Tariffs on Chinese Imports?

Live Debate in D.C. President Trump recently enacted a ten percent additional tariff on Chinese imports, citing the need to curb the flow of fentanyl into the United States and to address the substantial trade imbalance between the two nations. In response, China announced retaliatory tariffs on U.S. exports, including a fifteen percent levy on coal and liquefied natural gas and a ten percent tariff on crude oil, automobiles, and agricultural machinery. Those affirming the tariffs are necessary argue they will help American manufacturers by encouraging citizens to buy more domestically produced products and compel China to engage in fairer…

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February 28, 2025
0 seconds of 1 hour, 9 minutes, 47 secondsVolume 90%
Press shift question mark to access a list of keyboard shortcuts
00:00
1:09:47
1:09:47
 
February 28, 2025

Was Trump Right to Increase Tariffs on Chinese Imports?

Live Debate in D.C. President Trump recently enacted a ten percent additional tariff on Chinese imports, citing the need to curb the flow of fentanyl into the United States and to address the substantial trade imbalance between the two nations. In response, China announced retaliatory tariffs on U.S. exports, including a fifteen percent levy on coal and liquefied natural gas and a ten percent tariff on crude oil, automobiles, and agricultural machinery. Those affirming the tariffs are necessary argue they will help American manufacturers by encouraging citizens to buy more domestically produced products and compel China to engage in fairer…