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Planet Money
Planet Money

The trade fraud detective

Aug 23, 2024 · 26m
AI Summary
  • David Rashid of US autoparts maker Plews and Edelmann discovered Chinese rival Qingdao Sunsong maintained low prices despite 25% Trump tariffs
  • Mystery led Rashid to investigate how Sunsong absorbed tariffs without raising prices and why production shifted from China to Thailand
  • Episode explores gap between how tariffs work in theory versus actual practice in international trade

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