Hi, I'm Carl Azuz.
Explaining events taking place around the world and beyond as you'll see in a few minutes.
Welcome to the show.
First up, this Wednesday, the Trump Administration is planning to impose new tariffs, which are like taxes, on products that the U. S. imports from China.
The American government has done this before this year and China has retaliated with tariffs of it's own on American made products.
So what's different this time around?
$200 billion.
That's the value of the goods from China that will be subject to the new tariffs starting next week.
All together, this could mean that roughly half of everything China sells to the U. S. will be hit by American tariffs.
And China is planning to tax an additional $60 billion worth of goods from the U. S. What kinds of goods are we talking about?
