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Plain English with Derek Thompson

Why America Will Lose Its Trade War With China

Plain English with Derek Thompson

The Ringer

News Commentary, News

4.81.8K Ratings

🗓️ 16 April 2025

⏱️ 42 minutes

🧾️ Download transcript

Summary

The U.S. is in the opening innings of a full-blown trade war with China. What does that actually mean? What do we sell to China? What does China sell to us? How is each country dependent on the other for the supply of electronics, food, machines, and goods? Jason Miller, a professor at Michigan State and an expert on global supply chains, tells Derek that in the trade war between the U.S. and China, one of these two countries seems better positioned to weather a protracted trade dispute—and it’s not the U.S. If you have questions, observations, or ideas for future episodes, email us at [email protected]. Host: Derek Thompson Guest: Jason Miller Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

All right, my birdie buddies, my car saving pals.

0:03.8

My eagle enthusiast, it's Joe House here.

0:06.3

Major season is finally upon us.

0:10.1

The Masters, the PGA Championship, the U.S. Open, the Open Championship,

0:15.1

and Fairway Rowan is here to break down all of the storylines.

0:20.3

Offer a little help on those betting cards for every

0:24.5

single major this golf season. Join me and our incomparable accomplice, our tour boots on the

0:32.6

ground, Nathan Hubbard, as we guide you from Augusta all the way to Northern Ireland,

0:38.5

Royal Port Rush.

0:40.5

Away we go.

0:44.5

Amazon offers term time working to their employees, like Anton,

0:50.8

who's home to look after his daughters during their holidays.

0:54.0

Hello! To him, this is the best daughters during their holidays. Hello!

0:54.8

To him, this is the best sound in the world.

1:01.3

Actually, maybe that's the best sound of all.

1:05.3

Now that's term time working.

1:07.7

Offered at Amazon.

1:09.3

Ten weeks off guaranteed per year. Mix of paid holiday and unpaid time off.

1:13.2

Conditions apply. There's a word that's thrown around a lot these days with Trump's tariffs and

1:18.6

China's response to those tariffs and the markets response to China's response to those tariffs.

1:24.4

That word is reindustrialization. Re-industrialization is a fancy word

1:32.6

belying a simple premise. America used to be an industrial giant that got rich by making

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