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Trade War And Peace

Today, the U.S. confirmed it will hold off on a new round of tariffs on imports from China that was supposed to be put in place this month. There's also word that President Donald Trump and Chinese President Xi Jinping are getting close to completing a trade deal, which would mean both countries getting rid of many of the tariffs and trade restrictions that have been put in place. Today on the show, Stacey talks to Chad Bown of the Peterson Institute for International Economics about the trade war with China and asks, 'Is a trade truce on the horizon?'

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Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money. She's also a correspondent for Planet Money, where she covers business and economics. In this role, Smith has followed economic stories down the muddy back roads of Oklahoma to buy 100 barrels of oil; she's traveled to Pune, India, to track down the man who pitched the country's dramatic currency devaluation to the prime minister; and she's spoken with a North Korean woman who made a small fortune smuggling artificial sweetener in from China.