Richard Arnold: US Correspondent on the rising tensions between the US and China as a result of tariffs
The Mike Hosking Breakfast - En podcast av Newstalk ZB - Onsdagar

America's tariff tiff with Canada and Mexico may have cooled, but tension with China is escalating. Beijing has announced a package of economic measures targeting the US after President Donald Trump imposed 10% tariffs on Chinese imports. The response includes a 15% tax on coal and liquefied natural gas, and 10% on crude oil and types of vehicles. US Correspondent Richard Arnold told Mike Hosking that United States depends a lot on China for critical materials like gallium and germanium among others, and limits could cause serious harm to the US economy. He says that prescription drugs are also a point of concern, as about half the generic drugs used in the US are manufactured outside of the country. LISTEN ABOVE See omnystudio.com/listener for privacy information.