ECONOMY

Economy

Why China, The World's Largest Rice Producer, Quietly Bought U.S. Rice Last Year

6:43am September 02, 2019

China is the world's biggest rice producer. So why did it agree to buy two shipping containers of rice from the U.S.? Planet Money reporters explain the other trade battle between the two countries.

New China Tariffs Go Into Effect

8:38am September 01, 2019

by Scott Horsley

The Trump administration is imposing new tariffs on more than $100 billion worth of Chinese imports. It's the latest escalation in the ongoing trade war.

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Karmi Mattson, the Minneapolis Federal Reserve Bank's manager of public programs, says she and her colleagues are at the state fair to teach Minnesotans about what the Fed does.

Hey, Look What's New At The State Fair: The Federal Reserve

8:00am September 01, 2019

by Mark Zdechlik

Beyond animals and fun foods, the Minnesota State Fair has a new attraction this year: the Minneapolis Federal Reserve. It's giving away (shredded) money and information about what the bank does.

Economy

Economy Update

9:21am August 31, 2019

NPR's Scott Simon checks in on the economy with U.S. economist Tiffany Wilding of PIMCO investment managers.

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Dairy Farmers Hurt By Trade War

8:19am August 31, 2019

by Jackie Northam

Exports of U.S. dairy products to China have dropped more than 50% because of the trade war. The U.S. is losing out at a time when Chinese consumers are eating more cheese and drinking more milk.

Designer Isaac Mizrahi (left) embraces Robert D'Loren, CEO of Xcel Brands, which once manufactured 70% of its clothes in China. Today that's down to about 20%. The company now manufacturers in a variety of countries, including Indonesia, India and Sri Lan

China Falls Out Of Fashion For Some U.S. Brands

5:29am August 30, 2019

by Scott Horsley

As the trade war drags on, more manufacturers are looking to relocate from China to avoid Trump's tariffs. A firm that sells Isaac Mizrahi's clothing line has already shifted much of its production.

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