China responds to Trump with retaliatory tariffs and Google antitrust probe
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 4 February 2025
⏱️ 4 minutes
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| 0:00.0 | Well, as the rest of President Trump's appointees move through the confirmation process, |
| 0:05.0 | he's also pushing his agenda on tariffs and immigration. |
| 0:08.0 | Today, the Chinese response to President Trump's sweeping tariffs, |
| 0:15.0 | counter tariffs on certain American imports, plus an antitrust investigation into Google. White House press |
| 0:22.1 | secretary Caroline Levitt told reporters this morning that Trump would have a call with Chinese |
| 0:26.8 | President Xi Jinping soon. The U.S. president has framed his actions as fighting the flow of illegal |
| 0:32.8 | drugs. He is not going to allow China to continue to source and distribute deadly fentanyl into our country. |
| 0:39.8 | That was the reason for this tariff. |
| 0:41.4 | It was a retaliatory tariff on China for the last four years of their unprecedented distribution of fentanyl into our nation's borders. |
| 0:49.2 | Just minutes after President Trump's 10% tariff on all imports went into effect this morning, China responded |
| 0:55.6 | with a 15% tariff on coal and liquefied natural gas, plus 10% on crude oil, agricultural |
| 1:02.7 | machinery, and certain cars. Trump's initial tariffs included Mexico and Canada, but both |
| 1:08.3 | of those leaders made deals to delay a potential trade war. |
| 1:12.3 | If Trump's tariffs in all three countries were in effect, economists say inflation in the |
| 1:16.9 | U.S. could increase by 0.4 percentage points and cost the average household $1,200 to $1,200 |
| 1:24.0 | in annual purchasing power. |
| 1:25.9 | They deserve a lot of support. |
| 1:28.1 | In Costa Rica today, after leaving El Salvador, |
| 1:31.0 | Secretary of State Marco Rubio said the administration would consider an offer from El Salvador |
| 1:36.6 | to accept deportees from the U.S. of any nationality, |
| 1:41.1 | including convicted criminals who are American citizens. |
| 1:44.7 | Obviously, we'll have to study it on our end. There are obviously legalities involved. |
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