The latest in the tense back-and-forth between the U.S. and China
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 20 May 2024
⏱️ 9 minutes
🧾️ Download transcript
Summary
The Chinese government is putting sanctions on three U.S. defense companies. The move came as Taiwan swore in its new president, who called on China to stop trying to intimidate the country, and includes the latest economic restrictions between the U.S. and China as both countries move to protect domestic industries. Plus, health care providers continue to reel from a February cyberattack, and analysts worry about the adverse effects of Google’s AI-powered search results.
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Transcript
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| 0:00.0 | My name is Lee Hawkins. I've been a journalist for over 25 years. On my new |
| 0:08.8 | podcast, What Happened in Alabama, I get answers to some of the hardest questions about how things |
| 0:15.4 | came to be for many black Americans and the truth that must come before any reconciliation can |
| 0:21.6 | happen. I investigate my family history, my upbringing in |
| 0:26.2 | Minnesota and my father's painful nightmares about growing up in Alabama. What happened |
| 0:32.1 | in Alabama is a new series confronting the cycles of trauma for myself, |
| 0:37.0 | my family, and for many black Americans. |
| 0:40.0 | Listen now. The last |
| 0:45.0 | The latest back and forth |
| 0:50.0 | The latest back and forth between the US and China. |
| 0:55.0 | From Marketplace, I'm Nancy Marshall Genser in for David Barnkaccio. |
| 0:58.8 | The Chinese government is putting sanctions on three US defense companies. |
| 1:03.3 | The move came just as Taiwan swore in its new president |
| 1:06.8 | who called on China to stop trying |
| 1:08.6 | to intimidate the country in his inaugural address. |
| 1:11.9 | The sanctions are the latest economic restrictions |
| 1:14.4 | between the US and China as both countries move to protect domestic |
| 1:18.4 | industries. Marketplace's Henry Epp is here with Moore. Good morning, Henry. |
| 1:23.0 | Hi, Nancy. So these sanctions are mostly symbolic because American defense companies generally don't do business in China, but some of the companies have sold weapons or other military technology to Taiwan. |
| 1:35.7 | The island nation's new president, like his predecessor, hopes to keep the island independent and |
| 1:40.2 | build ties with the U.S. China, China meanwhile views Taiwan as part of its territory |
| 1:44.8 | and has not ruled out the possibility of forcibly taking it over. China sanctions |
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