Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing

Craig Griffune

👤 Person
126 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
What happened to U.S. farmers during the last trade war

So at the start of 2018, during President Trump's first administration, he opts not to arbitrate these disputes the normal way by going to the World Trade Organization. Instead, Trump uses his favorite tool, tariffs. He puts tariffs on a bunch of Chinese products, including flat screen TVs, medical devices and batteries. The idea is that the tariffs will make these Chinese products more expensive.

Planet Money
What happened to U.S. farmers during the last trade war

So at the start of 2018, during President Trump's first administration, he opts not to arbitrate these disputes the normal way by going to the World Trade Organization. Instead, Trump uses his favorite tool, tariffs. He puts tariffs on a bunch of Chinese products, including flat screen TVs, medical devices and batteries. The idea is that the tariffs will make these Chinese products more expensive.

Planet Money
What happened to U.S. farmers during the last trade war

So Americans will buy less of them.

Planet Money
What happened to U.S. farmers during the last trade war

So Americans will buy less of them.

Planet Money
What happened to U.S. farmers during the last trade war

So Americans will buy less of them.

Planet Money
What happened to U.S. farmers during the last trade war

Rob says there's one story that shows just how quickly the tremors of the 2018 trade war were felt around the world. days after China announces the retaliatory tariffs.

Planet Money
What happened to U.S. farmers during the last trade war

Rob says there's one story that shows just how quickly the tremors of the 2018 trade war were felt around the world. days after China announces the retaliatory tariffs.

Planet Money
What happened to U.S. farmers during the last trade war

Rob says there's one story that shows just how quickly the tremors of the 2018 trade war were felt around the world. days after China announces the retaliatory tariffs.

Planet Money
What happened to U.S. farmers during the last trade war

Yeah. And presumably now the buyer in China does not want to pay the extra fee.

Planet Money
What happened to U.S. farmers during the last trade war

Yeah. And presumably now the buyer in China does not want to pay the extra fee.

Planet Money
What happened to U.S. farmers during the last trade war

Yeah. And presumably now the buyer in China does not want to pay the extra fee.

Planet Money
What happened to U.S. farmers during the last trade war

They are just trying to find some port where some buyer will take this grain off of their hands.

Planet Money
What happened to U.S. farmers during the last trade war

They are just trying to find some port where some buyer will take this grain off of their hands.

Planet Money
What happened to U.S. farmers during the last trade war

They are just trying to find some port where some buyer will take this grain off of their hands.

Planet Money
What happened to U.S. farmers during the last trade war

Exactly, exactly. And it is clear to Rob and the others at the USDA that this is not just going to be a problem for sorghum. China is likely going to put more retaliatory tariffs on all sorts of other U.S. crops and livestock.

Planet Money
What happened to U.S. farmers during the last trade war

Exactly, exactly. And it is clear to Rob and the others at the USDA that this is not just going to be a problem for sorghum. China is likely going to put more retaliatory tariffs on all sorts of other U.S. crops and livestock.

Planet Money
What happened to U.S. farmers during the last trade war

Exactly, exactly. And it is clear to Rob and the others at the USDA that this is not just going to be a problem for sorghum. China is likely going to put more retaliatory tariffs on all sorts of other U.S. crops and livestock.

Planet Money
What happened to U.S. farmers during the last trade war

Now, American farmers on those American farms, they are, of course, getting a little worried as they follow everything that is happening.

Planet Money
What happened to U.S. farmers during the last trade war

Now, American farmers on those American farms, they are, of course, getting a little worried as they follow everything that is happening.

Planet Money
What happened to U.S. farmers during the last trade war

Now, American farmers on those American farms, they are, of course, getting a little worried as they follow everything that is happening.