U.S.-China Trade Crisis Heats Up; Puerto Ricanstruction: University Professors Uniting Against Austerity; Does Rejecting Austerity Work?

By Worldview Staff
CHINA US TARIFFS
Chinese-made teddy bears carrying American hit movie Avengers characters are displayed inside an arcade game at a shopping mall in Beijing, Wednesday, July 11, 2018. China's government has criticized the latest U.S. threat of a tariff hike as "totally unacceptable" and vowed to retaliate in their escalating trade war. The Commerce Ministry on Wednesday gave no details, but Beijing responded to last week's U.S. tariff hike on $34 billion of imports from China by increasing its own duties on the same amount of American goods. AP Photo
Chinese-made teddy bears carrying American hit movie Avengers characters are displayed inside an arcade game at a shopping mall in Beijing, Wednesday, July 11, 2018. China's government has criticized the latest U.S. threat of a tariff hike as "totally unacceptable" and vowed to retaliate in their escalating trade war. The Commerce Ministry on Wednesday gave no details, but Beijing responded to last week's U.S. tariff hike on $34 billion of imports from China by increasing its own duties on the same amount of American goods. AP Photo
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CHINA US TARIFFS
Chinese-made teddy bears carrying American hit movie Avengers characters are displayed inside an arcade game at a shopping mall in Beijing, Wednesday, July 11, 2018. China's government has criticized the latest U.S. threat of a tariff hike as "totally unacceptable" and vowed to retaliate in their escalating trade war. The Commerce Ministry on Wednesday gave no details, but Beijing responded to last week's U.S. tariff hike on $34 billion of imports from China by increasing its own duties on the same amount of American goods. AP Photo
Chinese-made teddy bears carrying American hit movie Avengers characters are displayed inside an arcade game at a shopping mall in Beijing, Wednesday, July 11, 2018. China's government has criticized the latest U.S. threat of a tariff hike as "totally unacceptable" and vowed to retaliate in their escalating trade war. The Commerce Ministry on Wednesday gave no details, but Beijing responded to last week's U.S. tariff hike on $34 billion of imports from China by increasing its own duties on the same amount of American goods. AP Photo
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U.S.-China Trade Crisis Heats Up; Puerto Ricanstruction: University Professors Uniting Against Austerity; Does Rejecting Austerity Work?

By Worldview Staff
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On Today’s Show:

  • President Donald Trump’s decision to impose tariffs on Chinese goods has contributed to the ongoing trade war between U.S. and China.
  • Magnitude 6.9 earthquake hits Indonesia.
  • Among other austerity measures, oversight board proposes the University of Puerto Rico close seven of its eleven campuses and double its tuition.
  • In many parts of the world, the debts that come from deficits leads to periods of great austerity.