Duty falls: US and China reach a deal

<p>Tariffs against China were the centrepiece of Donald Trump’s <a href="https://www.economist.com/finance-and-economics/2025/05/07/america-and-china-prepare-for-an-alpine-trade-clash?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">“Liberation Day”</a> trade plans. Our correspondent explains the significance of a new 90-day hiatus. Will <a href="https://www.economist.com/europe/2025/05/11/uncertainty-and-tension-ahead-of-possible-ukraine-peace-talks?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">Ukraine and Russia</a> come to the negotiating table this week (7:51)? Why new techniques to <a href="https://www.economist.com/science-and-technology/2025/05/07/compressed-music-might-be-harmful-to-the-ears?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">compress </a>the contrast between loud and quiet music could be damaging our hearing (15:35). And help us improve the show by taking <a href="http://www.economist.com/TIsurvey" rel="noopener noreferrer" target="_blank">this survey</a>.&nbsp;</p><br /><p><br /></p><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>Subscribe to Economist Podcasts+</em></a></p><br /><p><em>For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account. </em></p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>