US President Donald Trump launched an unprecedented "trade war" on Wednesday, targeting over 180 countries—including remote islands home only to penguins—in a bid to revive domestic manufacturing.
Dubbed "reciprocal tariffs," the sweeping measures threaten to raise prices on America's imported goods, including smartphones, clothing, and food.
Amid the chaos, one certainty emerges: everyone suffers, and American households will have to pay more. This episode of News Xplained takes a deep dive into the story.
Reporter: Xie Hongzhou
Host: Xie Hongzhou
Cameraman: Deng Yingheng
Video: Deng Yingheng
Poster: Cai Junru
Editor: Yuan Zixiang, James
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