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Marketplace All-in-One

Much ado about a China trade deal

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 11 June 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

President Trump announced a new trade deal with China after days of negotiations. Here’s the thing: Trump’s tariffs on China will stay the same. So what did the two countries actually agree to? We’ll get into it. And, after Health Secretary Robert F. Kennedy Jr. fired a panel of experts that advises the Centers for Disease Control and Prevention on vaccines, doctors and insurance companies are wondering who they should look to for guidance. Plus, a life-sized stuffed moose on Capitol Hill makes us smile.


Here’s everything we talked about today:


Transcript

Click on a timestamp to play from that location

0:00.0

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0:53.7

It's about keeping everything secure. Let us do the show. All right, it's not just about keeping the lights on. It's about keeping

0:54.4

everything secure. Let us do the show. All right, let's do it.

1:04.1

Hey, everyone, I'm Rie McGrace. Welcome back to Making Me Smart, where we make today make sense.

1:10.1

And I'm Kimberly Adams. Thanks everyone for joining us. It is Wednesday, June the 11th.

1:14.6

All right, today we're going to get into some news and then some smiles later on.

1:19.0

Kimberly, what caught your attention today?

1:22.0

I have a news story that is not so much a new story as it's being made out to be because President Trump has announced his

1:29.8

deal with China. And this has been happening over and over again with this administration.

1:38.6

I'm losing track of things. Just so much back and forth. Yeah, exactly where, you know, push something really far in one direction and then when you roll it back, it's a deal.

1:50.2

So in this case, this agreement is between the United States and China to basically stop some of the tit for tat, you know, tariffs and penalties, not tariffs because the tariffs are staying the same, but some of the sort of punishments that they were doing with each other.

2:08.3

So Trump made the decision, President Trump had made the decision to say ban Chinese students from coming to the United States.

2:15.9

That's being rolled back. China retaliated

2:18.3

saying that, you know, you can't have our rare earth minerals. That's being rolled back. And just,

2:24.7

the whole point of doing these things was to put pressure on China related to tariffs and it didn't work.

...

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