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Podcast: Plain English with Derek Thompson
Episode: Why America Will Lose Its Trade War With China
Description: The U.S. is in the opening innings of a full-blown trade war with China. What does that actually mean? What do we sell to China? What does China sell to us? How is each country dependent on the other for the supply of electronics, food, machines, and goods? Jason Miller, a professor at Michigan State and an expert on global supply chains, tells Derek that in the trade war between the U.S. and China, one of these two countries seems better positioned to weather a protracted trade dispute—and it’s not the U.S.<...