meta_pixel
Tapesearch Logo
Log in
The Intelligence from The Economist

It’s bean difficult: the China-America trade war

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.53.7K Ratings

🗓️ 25 February 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

As President Donald Trump delays further tariffs on $200bn-worth of Chinese goods, there are hints of an end to the trade war. We assess the damage already done by looking at the global soyabean market. Countries around the world are struggling with the ethics and security concerns around re-admitting their citizens who have fought with Islamic State. And, there’s a rising favourite among wine investors—but it could represent a bubble.

Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:09.3

Every weekday we provide a fresh perspective on the events shaping your world.

0:18.0

As Islamic State loses its grip in the Middle East, foreign fighters who came to join the

0:22.2

Caliphate want to go home. Governments around the world face a troubling choice about weather

0:27.5

and how to re-admit their radicalized citizens.

0:32.6

And some people see wine as more than just a drink. They see an investment.

0:37.7

For years that usually meant wines from Bordeaux. But that's changing. A rising fermented

0:43.2

favorite is Burgundy and buyers are intoxicated by it.

0:48.0

But first, there's more hope that a costly trade war between China and America may be coming to an end.

1:07.1

This weekend there were talks between America's trade representative Robert Leigh Heiser

1:11.6

and the Chinese vice premier Liu He. Things went well enough that President Donald Trump

1:16.9

delayed America's next campaign in the trade war. A big boost to tariffs on Chinese goods that

1:22.7

had been scheduled for this coming Friday. That sent Chinese stocks on a tear earlier today.

1:28.5

China's currency hit a seven-month high. But the tit for tat tariffs, the countries have been

1:33.6

imposing on each other for more than a year, have already had serious effects. How hard will it be

1:39.2

to heal the wounds inflicted so far? A single commodity provides clues.

1:44.0

So I've been to really been at the heart of this trade war. So it means a loan were around

1:51.0

9% of total American exports to China in 2017.

1:55.7

Simea Keynes is our US economics correspondent. I went to visit Tim Bordeaux, who runs this family farm

2:03.2

near RIPI in central Iowa. Hi. Nice to meet you. Hello. I'm Tim. Nice to meet you. Hi.

2:13.2

There was quite a lot of snow and not much farming going on. But it did mean that I got to see

2:19.4

all the massive equipment that they were storing in their barn. Wow. That is a large tractor.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.