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
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Rescuers build embankments to pump out water from a flooded tunnel in Zhuhai city in south China's Guangdong province Friday, July 16, 2021. Divers have been dispatched in the search for 14 workers missing since water flooded a tunnel under construction in southern China three days ago, authorities said Sunday, July 18, 2021.
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This Aug. 15, 2019, file photo shows the Toyota logo on a dealership in Manchester, N.H. In a deal announced Wednesday, July 21, 2021, Japan’s top automaker Toyota is adding makers specializing in tiny “kei” cars, Daihatsu and Suzuki, to a partnership in commercial vehicles set up with Hino and Isuzu earlier this year.
Toyota Partners with Tiny Car Companies
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Daimler Posts $4.3B Q2 Profit Despite Chip Shortages
Profit margins reached into double digits for the third quarter in a row.
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In this March 13, 2015 file photo, Toyota President and CEO Akio Toyoda, left, and IOC President Thomas Bach pose with a signed document during a press conference in Tokyo as Toyota signed on as a worldwide Olympic sponsor in a landmark deal.
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This undated photo made available by Blue Origin shows the interior of the crew capsule. When Blue Origin launches people into space for the first time, Bezos will be on board. No test pilots or flight engineers for the Tuesday, July 20, 2021 debut flight from West Texas - just Bezos, his brother, an 82-year-old aviation pioneer and a teenager.
How Blue Origin's Jeff Bezos Will Soar into Space
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Hidden under tarpaulin, a prospective Russian fighter jet is being towed to a parking spot before its presentation at the Moscow international air show in Zhukovsky outside Moscow, Russia, Thursday, July 15, 2021. Russian aircraft makers say they will present a prospective new fighter jet at a Moscow air show that opens next week. The new warplane hidden under tarpaulin was photographed being towed to a parking spot across the airfield in Zhukovsky outside Moscow. That's where MAKS-2021 International Aviation and Space Salon opens on Tuesday. Russian President Vladimir Putin is set to visit the show’s opening.
Russia to Unveil New Fighter Jet
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In this photo released by the defendants legal team, a team of lawyers for defendants on trial that included prominent Chinese pig farmer Sun Dawu stand outside the courthouse in Gaobeidian, in Northern China's Hebei province on Friday, 16 July 2021. The prominent Chinese pig farmer who was detained after praising lawyers during a crackdown on legal activists by President Xi Jinping's government went on trial Thursday, July 15, 2021 on charges including fighting with police and organizing a protest, defense lawyers said.
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