CATALYST is about pivotal moments that shape business and the global economy. We tap into the expertise of Temple University’s Fox School of Business faculty and business community to dig deep into today’s most pressing questions, like: What is the future of work? Will the WTO stop working? Who is winning the global AI race? We decode topics from philosophical and practical standpoints so you, the workforce, can spark change in your field.
https://www.fox.temple.edu/catalyst/
episode 3: Tariffs, Trade Wars, and You
Host Tiffany Sumner and Kevin Fandl from the Fox Department of Legal Studies discuss the Trade War with China and how tariffs affect our everyday lives.
For instance, in South Philadelphia, the city was working to protect bike lanes by installing plastic delineator posts. They eventually had to abandon the project, because the costs of the raw material needed for the posts had increased due to the Trade War. We’ve seen the same thing with the cost of shoes. Seventy percent of the U.S.’s shoes are imported from China, and they’re now pricier than ever.
This war was supposed to protect American intellectual property but at what cost? Should this be the reason that beneficial community projects are stalling?
Key Links
- US-China Trade War Tariffs: An Up-to-Date Chart
- South Philly neighbors are fighting over parking, and the China trade war is to blame
More details at: https://www.fox.temple.edu/catalyst/tariffs-trade-wars-and-you.
-----
Follow us on Facebook
-----
Produced by Simpler Media