How Trump’s Trade Deals Could Impact Jobs, Prices and Inflation

KQED's Forum

KQED

Politics, News, News Commentary

4.6 • 656 Ratings

🗓️ 16 June 2025

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After months of sparring over tariffs, the Trump Administration says it has reached a deal with China on trade negotiations, but many businesses and consumers are still feeling uncertain about the economy. The deal imposes 55% tariffs on most Chinese imports, down from President Trump’s earlier 145% tariffs that would have made it prohibitively expensive for many U.S. businesses to import goods from China, our second-largest trading partner. The back-and-forth trade policies have left businesses ranging from souvenir shop owners in Chinatown to big box stores unsure how to plan for the future. We’ll talk about what the current tariff deals look like and what they could mean for jobs, prices and inflation. Guests: Kevin Truong, business editor, The San Francisco Standard Sid Malladi, CEO and founder, Nuvo David Goldman, executive editor, CNN Business Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:15.0	From KQED in San Francisco, I'm Alexis Madrigal.
1:16.8	Remember tariffs?
1:21.8	Yes, despite so much back and forth, up and down by the Trump administration,
1:26.2	new tariffs are being negotiated between the U.S. and China.
1:32.8	These are title forces, you know, it really matters for everyday businesses and people if tariffs are 45% or 20% or 125%.
1:37.7	So we've got some experts with us to talk with us about what's happening with the tariffs.
1:43.6	Did they change the American economy?
1:45.3	Are we still bracing for impact?
1:47.2	It's going on here.
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