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	Podcast:		The Inquiry
	Episode:		Are We Heading for a Trade War?
	Category:		News & Politics
	Duration:		00:22:59
	Publish Date:		2018-06-27 22:00:00
	Description:		The world’s two biggest economies are on the brink of a costly standoff. The US has announced tariffs of 25% on a swathe of Chinese goods, starting July 6th. China has vowed to respond in kind. ‘If someone wants a trade war,’ China’s Commerce Minister said, ‘we will fight to the end.’ President Trump is bullish, threatening further tariffs and tweeting: ‘trade wars are good, and easy to win.’ But the WTO has warned that a trade war would have a ‘severe’ impact on the global economy. We look at the forces driving the conflict and how each side might back down. With Helen Grady. (Image: Cargo containers with USA and Chinese flags on their sides crashing together. Credit: Shutterstock)
	Total Play:		0