Luke Vargas
👤 SpeakerAppearances Over Time
Podcast Appearances
with White House National Economic Council Director Kevin Hassett saying that more than 50 countries have reached out to start negotiations. Speaking to ABC News' This Week with George Stephanopoulos, Hassett rejected the idea that American consumers will face higher prices.
with White House National Economic Council Director Kevin Hassett saying that more than 50 countries have reached out to start negotiations. Speaking to ABC News' This Week with George Stephanopoulos, Hassett rejected the idea that American consumers will face higher prices.
Israeli Prime Minister Benjamin Netanyahu is set to be the first world leader to hold in-person talks with Trump about the tariffs when he visits the White House today. Meanwhile, EU trade ministers are also meeting today to discuss the bloc's response to US tariffs. Well, one country that's already responding is China.
Israeli Prime Minister Benjamin Netanyahu is set to be the first world leader to hold in-person talks with Trump about the tariffs when he visits the White House today. Meanwhile, EU trade ministers are also meeting today to discuss the bloc's response to US tariffs. Well, one country that's already responding is China.
Coming up, we'll look at Beijing's sweeping retaliatory tariffs and get to the rest of the day's headlines after the break. China has come out in front as the only country to respond to U.S. tariffs immediately, announcing Friday it would put blanket tariffs of 34 percent on all U.S. goods.
Coming up, we'll look at Beijing's sweeping retaliatory tariffs and get to the rest of the day's headlines after the break. China has come out in front as the only country to respond to U.S. tariffs immediately, announcing Friday it would put blanket tariffs of 34 percent on all U.S. goods.
The bevy of retaliatory measures from Beijing includes restrictions on exports of rare earth minerals, controls on several American companies, and a probe into U.S. chemicals manufacturer DuPont. Journal reporter Hannah Miao covers the Chinese economy for us. Hannah, a pretty bold response from Beijing so far. What is the Chinese thinking around these tariffs?
The bevy of retaliatory measures from Beijing includes restrictions on exports of rare earth minerals, controls on several American companies, and a probe into U.S. chemicals manufacturer DuPont. Journal reporter Hannah Miao covers the Chinese economy for us. Hannah, a pretty bold response from Beijing so far. What is the Chinese thinking around these tariffs?
I guess trying to find new markets presumably is going to be on the list, though the world has grown a bit wary of perceived Chinese dumping of its goods at a cheap price and harming local industry, for example.
I guess trying to find new markets presumably is going to be on the list, though the world has grown a bit wary of perceived Chinese dumping of its goods at a cheap price and harming local industry, for example.
Shifting over to encouraging domestic demand. We've had many segments on the show through the years about things Beijing is thinking about to try and incentivize Chinese consumption of its own products. What are we hearing there?
Shifting over to encouraging domestic demand. We've had many segments on the show through the years about things Beijing is thinking about to try and incentivize Chinese consumption of its own products. What are we hearing there?
Though what we're not hearing here, Hannah, is talk of significantly bolder stimulus action, if I'm hearing this correctly, what we've described here on the podcast before as a bazooka stimulus.
Though what we're not hearing here, Hannah, is talk of significantly bolder stimulus action, if I'm hearing this correctly, what we've described here on the podcast before as a bazooka stimulus.
Reporter Hannah Miao covers the Chinese economy for us out of Singapore. Hannah, thank you so much for the update.
Reporter Hannah Miao covers the Chinese economy for us out of Singapore. Hannah, thank you so much for the update.
Back in the U.S., a second child diagnosed with measles has died in Texas amid an outbreak that's sickened hundreds of people and spread to nearby states. The Texas Department of State Health Services said the school-aged child was not vaccinated and didn't have any known underlying health conditions. Health Secretary Robert F. Kennedy Jr.
Back in the U.S., a second child diagnosed with measles has died in Texas amid an outbreak that's sickened hundreds of people and spread to nearby states. The Texas Department of State Health Services said the school-aged child was not vaccinated and didn't have any known underlying health conditions. Health Secretary Robert F. Kennedy Jr.
traveled to Gaines County on Sunday, the center of the outbreak, where he was seen outside the funeral for the child. He did not attend a nearby news conference held by the U.S. Centers for Disease Control and Prevention about the outbreak, but in a post on X said that the MMR vaccine is the most effective way to prevent the spread of measles.
traveled to Gaines County on Sunday, the center of the outbreak, where he was seen outside the funeral for the child. He did not attend a nearby news conference held by the U.S. Centers for Disease Control and Prevention about the outbreak, but in a post on X said that the MMR vaccine is the most effective way to prevent the spread of measles.