Why consumer prices are rising fast

The Labor Department reported on Tuesday that consumer prices increased by 3.8% in April compared to a year ago. That's the fastest pace of price increases in around three years. Wailin Wong, host of the Indicator from NPR’s Planet Money, joins us. Then, the subject of Taiwan is one of the main priorities for Beijing in the upcoming talks between President Trump and Chinese President Xi Jinping. How will Trump approach the topic of Taiwan? We hear from Eyck Freymann, a fellow at the Hoover Institution at Stanford and the author of the new book “Defending Taiwan: A Strategy to Prevent War with China."See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy