Stephen McDonnell

So we're going to see another 50% tariff placed on all Chinese goods going into the US. That brings it up to 104%. I mean, it's quite high. So then we're going to have some sort of countermeasures from China. These countermeasures obviously are going to hit... Any US companies that want to sell into the huge Chinese market hurt US consumers.

So we're going to see another 50% tariff placed on all Chinese goods going into the US. That brings it up to 104%. I mean, it's quite high. So then we're going to have some sort of countermeasures from China. These countermeasures obviously are going to hit... Any US companies that want to sell into the huge Chinese market hurt US consumers.

But also, you know, it's interesting to think of what they might be. There's a journalist from Xinhua here, Xinhua Wire Service, who on his private social media account has said he's been told that what it could include is... well, includes significant increases on US agricultural products, so soybeans and sorghum, a complete ban on the import of US poultry into China.

But also, you know, it's interesting to think of what they might be. There's a journalist from Xinhua here, Xinhua Wire Service, who on his private social media account has said he's been told that what it could include is... well, includes significant increases on US agricultural products, so soybeans and sorghum, a complete ban on the import of US poultry into China.

Now, all of that's going to hit straight into the Trump heartland. a suspension of Sino-US cooperation on fentanyl-related issues and a ban on the import of all US movies into China. So no sign it's going to slow down this trade war.

Now, all of that's going to hit straight into the Trump heartland. a suspension of Sino-US cooperation on fentanyl-related issues and a ban on the import of all US movies into China. So no sign it's going to slow down this trade war.

You know, of course, people want to be able to buy stuff from the US and they've said they'll change their spending patterns. But really, there's pretty good Chinese electronic goods now, you know, cars and what have you. So they don't necessarily need the products from the US. I don't think it's such a nationalist response here, at least not yet. It's more just based on price.

You know, of course, people want to be able to buy stuff from the US and they've said they'll change their spending patterns. But really, there's pretty good Chinese electronic goods now, you know, cars and what have you. So they don't necessarily need the products from the US. I don't think it's such a nationalist response here, at least not yet. It's more just based on price.

And if these US goods are priced out of the market, people just won't buy them because they've got other alternatives.

And if these US goods are priced out of the market, people just won't buy them because they've got other alternatives.

Well, these significant new tariffs on Chinese goods entering the US come off the back of the significant tariffs on Chinese goods, which were already in place, care of the Trump administration. Now, naturally, they're going to hurt the ability of Chinese companies to sell stuff into America. Then Beijing's response is naturally going to hurt the ability of China

Well, these significant new tariffs on Chinese goods entering the US come off the back of the significant tariffs on Chinese goods, which were already in place, care of the Trump administration. Now, naturally, they're going to hurt the ability of Chinese companies to sell stuff into America. Then Beijing's response is naturally going to hurt the ability of China

US companies to sell stuff into this huge market. But in a strange way, it's also a bit of a gift for Xi Jinping because he's portraying this country as the free trade country, as the backer of multilateral institutions. And just last week, China's leader was sitting down in this city with the CEOs of global corporations and saying, well, look at the US under Donald Trump and look at us

US companies to sell stuff into this huge market. But in a strange way, it's also a bit of a gift for Xi Jinping because he's portraying this country as the free trade country, as the backer of multilateral institutions. And just last week, China's leader was sitting down in this city with the CEOs of global corporations and saying, well, look at the US under Donald Trump and look at us

We're open for business, and every time Donald Trump does something like this, it makes that job easier and easier for him.

We're open for business, and every time Donald Trump does something like this, it makes that job easier and easier for him.

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This BBC Podcast is supported by ads outside the UK.

A lot of people have asked me, did you actually watch it, Mayor? And the answer is yes. I legitimately view this as a public safety threat.

A lot of people have asked me, did you actually watch it, Mayor? And the answer is yes. I legitimately view this as a public safety threat.