Did the Tariffs Work? The Trade War Five Years Later

What has been the impact on trade and the trade deficit since the U.S. implemented tariffs on steel, aluminum, and goods made in China? Topics covered include:Has the shipping backlog been reduced at U.S. portsWhat are the dangers of running too high of a trade deficitHow large is the U.S. trade deficitWhat has been the impact of U.S. tariffs on trade, domestic production, and pricesHow Chinese direct-to-consumer retail companies Shein and Temu are driving prices of goods ever lowerWhy consumers should demand greater visibility on how products they purchase are made For more information on this episode click here. Sponsors Use code MONEY10 to get 10% off on your NAPA online order. NetSuite – the leading integrated cloud business software suite Show Notes The ‘ship backup has ended’ at Los Angeles, Long Beach ports by Alejandra Salgado—Supply Chain Dive America’s Trade Deficit Surged in 2022, Nearing $1 Trillion by Ana Swanson—The New York Times Industry study tracks China tariffs’ added costs to importers and consumers by Ben Unglesbee—Supply Chain Dive Costs of Trade Wars: The Distributional Consequences of US Section 301 Tariffs Against China by Kara M. Reynolds—SSRN Certain Effects of Section 232 and 301 Tariffs Reduced Imports and Increased Prices and Production in Many U.S. Industries by USITC—United States International Trade Commission Economic Impact of Section 232 and 301 Tariffs on U.S. Industries by USITC—United States International Trade Commission The other Chinese apps taking the US and UK by storm by Chelsea Bailey—BBC Secretive Shein Founders Build $40 Billion Fortune in Rapid Fashion by Venus Feng and Pei Yi Mak—Bloomberg Shein sets ambitious revenue target ahead of IPO by Rachel Douglass—Fashion United Shein copycats chase its explosive growth by Eleanor Olcott, Qianer Liu, and Gloria Li—The Financial Times Temu’s Big Haul by Ella Apostoaie—The Wire China The High Price of Fast Fashion by Dana Thomas—The Wall Street Journal Stealing More than Just Designs: Utilizing Environmental Law as a Remedy to Design Piracy by Fast Fashion Brands by Spencer Kluth—SSRN Shein’s Cotton Tied to Chinese Region Accused of Forced Labor by Sheridan Prasso—Bloomberg Worn: A People's History of Clothing by Sofi Thanhauser—Penguin Random House More than ever, our clothes are made of plastic. Just washing them can pollute the oceans. by Brian Resnick—Vox Related Episodes 212: Trade Wars Increase Prices and Poverty 413: What if the World Stopped Shopping? See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.