How the Trade War Is Putting Christmas In a Brand New Light
Exports of Christmas lights from Vietnam are surging as America slapped tariffs on holiday lights made in China.
(Bloomberg) --
What happens when you cross the U.S.-China trade war with the Christmas tradition of covering your home in lights, while tossing in a Nobel-winning economist for good measure?
Why, you get the year-end episode of Stephanomics, of course.
America slapped tariffs on holiday lights made in China, the world’s dominant supplier. So Bloomberg reporter Michelle Jamrisko went to Hanoi to find out whether the numbers are really true—the ones that show exports of Christmas lights from Vietnam are surging as a result. Clark Griswold makes a guest appearance in the podcast as well.
Then, Stephanie Flanders brings you an interview with Joseph Stiglitz of Columbia University. The Nobel laureate shares his thoughts on “progressive capitalism,” the theme of his upcoming book, along with Big Tech, the Green New Deal and just how bad the next recession might be.
To contact the editor responsible for this story: Magnus Henriksson at mhenriksso10@bloomberg.net, David Rovella
©2019 Bloomberg L.P.