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Extracted Text (OCR)
HOST: China imposes another
$60 billion of tariffs on US
imports a day after President
Trump announces tariffs on $200
billion of Chinese goods. Well,
let's get more on that story now.
We're joined from Beijing by
Robert Lawrence Kuhn who _— : ———
advises China's leaders and af } ’
multinational corporations. He's
also the author of "How China's
Leaders Think". How do they
think about this? It's difficult to
know where this might end.
RLK: Let's look at what just
happened. China retaliated with
$60 billion worth of U.S. goods
that it was putting tariffs on, but
half of it was five percent, half
was 10 percent, which is less
than the American side, which
was 10 percent on all. And the
$60 billion is proportional in the
sense that it is about 40 percent
of the total US exports to China.
Just as the $200 billion was
about 40 percent of the little bit
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that's the proportionality.
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