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BackStory

"Trade Winds" from episode #0141 “They Might Be Giants: China and the U.S.”

BackStory

BackStory

History, Education

4.72.9K Ratings

🗓️ 11 September 2019

⏱️ 13 minutes

🧾️ Download transcript

Summary

This morning, China published a short list of products exempted from its tariffs on American made goods. This list comes about a month before scheduled talks between Chinese negotiators and Trump administration officials.
The current U.S. trade war with China is not unlike previous conflicts. In this segment from BackStory’s 2015 show, “They Might Be Giants: China and the U.S.,” host emeritus Peter Onuf talks to historian John Haddad about how Americans smuggling opium into China during the 19th century led the Chinese to crack down on trade that was already very restrictive. And learn how the Opium Wars were a turning point in Chinese history that still influences them today.
Image: President Nixon gamely tries out his chopsticks at a banquet given in his honor, 1972. Source: White House Photo Collection.
BackStory is funded in part by our listeners. You can help keep the episodes coming by supporting the show: https://www.backstoryradio.org/support

Transcript

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0:00.0

A reminder to passengers going on holiday, take the power of on-post money.

0:04.6

Pay for things all over the world, with foreign currency in cash and on the on-post money currency card powered by mastercard,

0:11.3

with 24-7 card support from real people.

0:14.2

And with the app, you can set currency rate alerts and will tell you when your target rate is reached.

0:19.0

Power your travel money with on-post money,

0:21.3

search on-post travel money or visit your local post office.

0:24.3

Tis and C's apply.

0:25.4

On-post money currency card is issued by PPS EUSA,

0:28.3

pursuant to license by mastercard international.

0:30.5

PPS EUSA is authorized by the National Bank of Belgium and is regulated by the Central Bank of Ireland for conduct of business rules.

0:36.4

On-post is authorized by the Minister for Finance to provide foreign currency cash.

0:40.3

Major funding for backstories provided by an anonymous donor,

0:43.9

the National Endowment for the Humanities,

0:46.1

and the Joseph and Robert Cornell Memorial Foundation.

0:52.0

From Virginia Humanities.

0:54.3

This is Backstory.

1:01.5

Hey there, Backstory listeners.

1:03.3

This is a segment from the show's archives originally aired in 2015 as part of the episode.

1:09.4

They might be giants, China and the US.

1:12.8

In it, former co-host Peter O'Neuf and historian John Haddard

1:16.7

discuss how early American trade with China develops

1:20.0

and the impact of the opium trade for both sides.

...

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