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PBS News Hour - Segments

China responds to Trump with retaliatory tariffs and Google antitrust probe

PBS News Hour - Segments

PBS NewsHour

News, Daily News

4.11K Ratings

🗓️ 4 February 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

President Trump continued to push his agenda on tariffs and immigration. China responded to Trump’s sweeping tariffs with counter-tariffs on certain American imports and an antitrust investigation into Google. Meanwhile, Secretary of State Marco Rubio said the administration would consider an offer from El Salvador to accept deportees from the U.S. of any nationality. Amna Nawaz reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Transcript

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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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