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One Ship, $417 Million in New Tariffs: The Cost of Trump’s Trade War #shorts
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May 8, 2025
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1:22Now PlayingIn one ship there's over $400 million in new tariffs.
Andre Tartar breaks down how Trump’s trade war is racking up the costs.
The Trump administration is considering a significant tariff reduction in talks with China to ease economic pain and de-escalate tensions.
The US aims to reduce tariffs below 60% as a first step, which China may be prepared to match, with progress possible as soon as next week.
For latest on the trade wars, go here:
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