America's tariff tiff with Canada and Mexico may have cooled, but tension with China is escalating. 

Beijing has announced a package of economic measures targeting the US after President Donald Trump imposed 10% tariffs on Chinese imports. 

The response includes a 15% tax on coal and liquefied natural gas, and 10% on crude oil and types of vehicles. 

US Correspondent Richard Arnold told Mike Hosking that United States depends a lot on China for critical materials like gallium and germanium among others, and limits could cause serious harm to the US economy. 

He says that prescription drugs are also a point of concern, as about half the generic drugs used in the US are manufactured outside of the country. 

LISTEN ABOVE 

America's tariff tiff with Canada and Mexico may have cooled, but tension with China is escalating.&nbsp;
Beijing has announced a package of economic measures targeting the US after President Donald Trump imposed 10% tariffs on Chinese imports.&nbsp;
The response includes a 15% tax on coal and liquefied natural gas, and 10% on crude oil and types of vehicles.&nbsp;
US Correspondent Richard Arnold told Mike Hosking that United States depends a lot on China for critical materials like gallium and germanium among others, and limits could cause serious harm to the US economy.&nbsp;
He says that prescription drugs are also a point of concern, as about half the generic drugs used in the US are manufactured outside of the country.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Richard Arnold: US Correspondent on the rising tensions between the US and China as a result of tariffs

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1c4fd082-16fa-4320-8410-b27a0161f441/transcript