China is considered the motherland of aquarium goldfish, bred over centuries into rare forms. Now tariffs have some U.S. sellers of these goldfish in a tailspin.
Since August 2018, NPR has been tracking about 80 items sold at a Georgia Walmart with an eye toward products caught in the trade war. On average, prices rose 3%. Tariffs are one of many factors.
Various government factions want to take different tacks toward the trade war. Some argue for cutting a deal quickly to save the economy, while others call for a war of attrition with President Trump.
The evidence is clear: tariffs are a tax on consumers. At best they're "a really inefficient jobs-creation program," according to a leading scholar. Who wins in a trade war? If anyone, only bystanders
U.S. tariffs on $200 billion worth of Chinese consumer and business products increased to 25% from 10% on Friday morning, raising the stakes between the world's two largest economies.
