Transcript: China, U.S. At Odds Over Tariffs

RENEE MONTAGNE
NPR Morning Edition
09-18-2009
China, U.S. At Odds Over Tariffs

Host: RENEE MONTAGNE
Time 11:00-12:00 PM


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RENEE MONTAGNE, host:

There's been some panic this week about a possible trade war between the U.S. and China. Late last week, President Obama announced that the U.S. will now impose a 35 percent tariff on tires imported from China. China responded with its own threat of tariffs. By Monday morning, many were warning of a possible global trade war that could send the economy back into freefall. Today things don't seem quite that dire. Adam Davidson with NPR's Planet Money team has been following the ups and downs and joins us.

Good morning.

ADAM DAVIDSON: Good ...

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