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The Daily

The President Takes On China, Alone

The Daily

The New York Times

Daily News, News

4.3107.6K Ratings

🗓️ 15 May 2019

⏱️ 27 minutes

🧾️ Download transcript

Summary

Years of multinational efforts have failed to get China to play by the international rules of trade. Now, President Trump has launched an all-out trade war in which the United States is confronting China on its own. Guests: Natalie Kitroeff, a business reporter for The New York Times, spoke with Peter S. Goodman, an economics correspondent. For more information on today’s episode, visit nytimes.com/thedaily. Background reading:The intensifying trade war between the United States and China, the two largest economies on earth, has become the biggest threat to the global economy.Both countries seem to be hardening their positions in ways that will be difficult to resolve with the mutual face-saving that typically facilitates trade deals.

Transcript

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0:00.0

From the New York Times, I'm Michael Barbaro.

0:02.4

This is the Daily.

0:03.8

[♪ INTRO MUSIC PLAYING [♪

0:09.6

Today, years of multinational efforts have failed to get China to play by the international

0:17.7

rules of trade.

0:19.7

Now, Donald Trump has launched an all-out trade war, in which the U.S. is taking on China

0:27.0

alone.

0:28.0

[♪ INTRO MUSIC PLAYING [♪

0:37.2

It's Wednesday, May 15th.

0:39.7

[♪ INTRO MUSIC PLAYING [♪

0:45.0

Hello.

0:46.0

Hi, Peter.

0:47.1

How are you?

0:48.0

I'm good.

0:48.7

How are you?

0:49.5

Good.

0:51.3

So we're talking trade.

0:53.7

Wait, this is Natalie Collins?

0:55.8

It sure is.

0:57.4

The thing about the Daily is you never know who's calling.

0:59.4

All right, Natalie.

1:00.4

It's great to hear from you.

...

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