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Skimm This

Going the Distance: US-China Trade Talks, Space Race 2.0, Mother’s Day

Skimm This

theSkimm

News

4.53.6K Ratings

🗓️ 10 May 2019

⏱️ 13 minutes

🧾️ Download transcript

Summary

Today, trade talks between the US and China left with them saying ‘no deal.’ Right after the US raised tariffs on $200 billion of Chinese goods from 10 to 25 percent. These two powers have spent months at the negotiating table to come up with a long-term trade deal. We’ll explain how we got here. Meanwhile, Amazon CEO Jeff Bezos unveiled a moon lander called Blue Moon. Bezos says his company, Blue Origin, wants to send people to the moon by 2024. We’ll tell you why private companies have stars in their eyes. And finally: Mother’s Day is just around the corner. Yesterday, we asked you about the moms in your life. You made us cry.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Friday, May 10th.

0:03.1

Welcome to Schim this.

0:04.6

We're breaking down the most complex stories of the day

0:07.1

and giving you the context on why they matter.

0:09.8

Today, China and the US are pulling out the big guns

0:12.5

in the ongoing trade war.

0:14.2

Between tariffs and tweets, it's been hard to follow

0:16.8

why this is actually happening.

0:18.7

We'll connect the dots.

0:20.0

Then, space race 2.0 is happening.

0:23.0

This time, it's being run by billionaires.

0:26.0

And finally, we hear from you about your moms.

0:30.2

We're here to make your Friday smarter.

0:32.7

Let's Schim this.

0:38.5

Today's episode is brought to you by Prudential.

0:41.1

Prudential is bringing financial wellness to more people.

0:44.1

We're bringing the news to your ears.

0:49.1

The most complicated story today is about China and the US.

0:52.8

You've been hearing about this all week and all year.

0:56.2

The two countries are in a trade war.

0:58.3

And the weapons of this war are tariffs,

1:01.0

which are taxes on imported goods.

...

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