Video: Trade War 101: What Would It Mean For the US?

This basic introduction to the economics of a trade war demystifies some of the ongoing conversations about tariffs.

Apr 3rd, 2018

People wearing face masks to help curb the spread of the coronavirus look at iPad devices at an Apple store at the capital city's popular shopping mall in Beijing on Wednesday, Feb. 24, 2021. China’s commerce minister appealed to Washington for “join efforts” revive trade but gave no indication Wednesday when tariff war talks might resume or whether Beijing might offer concessions.

Chinese Official Calls for 'Joint Efforts' in China-US Trade

“Cooperation is the only correct choice,” said China's commerce manager.

Lockheed Martin’s Long Range Anti-Ship Missile provides unmatched offensive anti-surface warfare capabiilties for our U.S. warfighters.

Lockheed Gets Another $414M for Missile Production

It is the largest production contract in the history of the program.

In this Oct. 8, 1973, file photo, oil ministers of six Persian Gulf countries and representatives of western nations meet in Vienna, Austria, to negotiate price boosts sought by oil producers. Facing each other, are from left to right, Dr. Jamshid Amouzegar, then Iran Finance Minister, then Saudi Oil Minister Ahmed Zaki Yanani. Yamani, a long-serving oil minister in Saudi Arabia who led the kingdom through the 1973 oil crisis, the nationalization its state energy company and later found himself kidnapped by the assassin Carlos the Jackal, died Tuesday, Feb. 23, 2021, in London. He was 90.

Long-Serving Saudi Oil Minister Dies at 90

He led the kingdom through the 1973 oil crisis and once found himself held hostage by the assassin Carlos the Jackal.

Al Fursan, or the Knights, a UAE Air Force aerobatic display team, perform during the opening day of the International Defence Exhibition & Conference, IDEX, in Abu Dhabi, Feb. 21, 2021.

UAE Weapons Show Draws Major Deals, Traders Amid Pandemic

Experts anticipate a drop in military spending as the pandemic and slumping oil prices squeeze budgets in the Persian Gulf.

Huawei Unveils Flagship Foldable Smartphone

But amid sanctions, the phone will only be sold in China.

Factory With Flag

The Impact of Biden's Plan on Reshoring Trends

"Buy American" will borrow some strategies from the Trump administration in targeting China and fueling growth at home.

In this July 23, 2019 photo, Jay-Z makes an announcement of the launch of Dream Chasers record label in joint venture with Roc Nation, at the Roc Nation headquarters in New York.

Luxury Goods Company Moet Hennessy Buys Half Stake in Jay-Z's Champagne

Armand de Brignac, known familiarly as Ace of Spades because of its distinctive label, is produced in France's Champagne region.

The Perseverance rover lowered towards the surface of Mars during its powered descent, Feb. 18, 2021.

Mars Team 'Awestruck' by Descending Rover Photo

The mission's chief engineer called the picture "iconic."

Cambridge, Mass., across from the Charles River.

CEOs, College Execs Push for Immigration Overhaul

Industry leaders said immigration measures would help regional and national economies recover from the pandemic.

Cooper tires on display at Vermont Tire and Service, Inc. in Montpelier, VT.

Goodyear Acquires Cooper in All-American Tire Deal

Two of the biggest remaining American tire companies are joining forces.

Display boards featuring the U.S. and Chinese flags in a special trade zone in Qingdao, China, May 8, 2019.

China Urges US to Lift Trade Restrictions

China faces more opposition than ever in Washington due to its trade record, territorial disputes, and accusations of technology theft and spying.

Why Some Texans are Getting Sky-High Energy Bills

Wholesale prices are typically as low as a couple of cents per kilowatt-hour — but spiked to $9 per kilowatt-hour after the storm.