Not All Goods Are Traded Equal : Planet Money Not all goods are created equal: some are exempt from tariffs.
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Not All Goods Are Traded Equal

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Not All Goods Are Traded Equal

Not All Goods Are Traded Equal

Not All Goods Are Traded Equal

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  • <iframe src="https://www.npr.org/player/embed/754837871/755097342" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
FREDERIC J. BROWN/AFP/Getty Images
Container trucks arrive at the Port of Long Beach on August 23, 2019 in Long Beach, California. (Photo by Frederic J. BROWN / AFP)
FREDERIC J. BROWN/AFP/Getty Images

The trade war between the U.S. and China has intensified recently. The Trump administration announced in mid-August that it would impose new tariffs on goods imported from China. The Chinese government then retaliated with tariffs of its own on American products that go to China. And then, last week, the Trump administration retaliated against the retaliation by announcing that its earlier tariffs would be higher than previously established.

The result: by December 15th, Americans and American companies will be paying a tariff on the vast majority of goods that they buy from China. But the vast majority of goods... is not the same as every single good. Some goods that are imported from China into the U.S. are exempt from tariffs. They have a story too. Today on the show Lydia DePillis, who wrote about these exempted goods for ProPublica, joins us to talk bibles, cod, and minerals.

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