A trade war between the U.S. and China could mean higher prices for consumers.

A trade war between the U.S. and China could mean higher prices for consumers.

Have you been listening to the economic news lately? If you find your mind jumbled with talk of trade, taxes and tariffs, you're not alone. Even people who took basic economics in college or those who regularly read financial news are swimming in language that boggles the mind — whether we admit it or not —  so On Second Thought broke it all down. On Second Thought host Virginia Prescott speaks with Jacobus Boers and Christine Ries.

Georgia Tech economics professor Christine Ries and assistant dean for international engagement at Georgia State University's J. Mack Robinson College of Business Jacobus Boers joined the conversation. 
 

Tags: global trade  united states  trade war  trade  international trade  tariffs  Taxes  China