Podcasts about Protectionism

There's no shortage of economic confusion in Washington, from tariffs and trade wars to myths about trade deficits. But these misguided narratives lead to bad policies that raise consumer costs, hurt workers, and weaken America's economy.Let's set the record straight.Tariffs don't create jobs—they destroy them. Protectionism raises prices, stifles innovation, and undermines our competitiveness. It's time to get back to economic basics.During This Week's Economy, I'm breaking down what trade is, why it matters, and how free markets—not government planners—create prosperity.You can catch the full episode on YouTube, Apple Podcast, or Spotify.Visit: VanceGinn.comSubscribe: VanceGinn.Substack.com

bto#301 – Angesichts der geopolitischen Entwicklungen in den letzten Wochen ist ein wichtiges Datum fast in Vergessenheit geraten. Am 9. Juli läuft die 90-Tage-Frist für Trumps Zölle aus: Der US-Präsident könnte dann – wie angekündigt – wieder mit voller Härte an der Zoll-Schraube drehen. Aktuelle Simulationen des ifo-Instituts zeigen: Für die deutsche Industrie, besonders für Auto- und Pharmabranche, wären die Folgen gravierend. Exporte in die USA könnten um mehr als ein Drittel einbrechen, die Wertschöpfung in der Industrie um bis zu 2,8 Prozent schrumpfen.Dabei lehrt die Geschichte, dass Protektionismus in die Krise führt. Als die Welt auf das US-Zollgesetz von 1930 (Smoot-Hawley-Tariff-Act) reagierte, sanken die US-Exporte in Länder, die mit Gegenzöllen oder anderen Maßnahmen reagierten, um bis zu 33 Prozent. Ein wesentlicher Grund für die Verschärfung der Großen Depression. Über die Lehren aus der Vergangenheit spricht Daniel Stelter mit Kirsten Wandschneider, außerordentliche Professorin für Volkswirtschaftslehre an der Universität Wien. HörerserviceDer Aufsatz zu Zöllen vom ifo-Institut: https://is.gd/11FcM5Der Text Protectionism and the Destruction of Prosperity: https://is.gd/eaAleM Der Text The Slide to Protectionism in the Great Depression: Who Succumbed and Why?: https://is.gd/sAXTS5 Das Paper Growing Protectionism After The Financial Crisis: What is the Evidence?: https://is.gd/xEIhMy Die Studie Handels- und Währungskriege – Lehren aus der Geschichte: https://is.gd/bVeXmj beyond the obviousNeue Analysen, Kommentare und Einschätzungen zur Wirtschafts- und Finanzlage finden Sie unter www.think-bto.com. NewsletterDen monatlichen bto-Newsletter abonnieren Sie hier.RedaktionskontaktWir freuen uns über Ihre Meinungen, Anregungen und Kritik unter podcast@think-bto.com.Handelsblatt-Aktion vom 23. Juni bis 21. Juli 2025 – Übrigens haben wir beim Handelsblatt gerade ein großes Sommer-Special: Aktuell können Sie sich statt vier Wochen, sechs Wochen lang Zugriff auf unsere digitalen Inhalte sichern – für nur einen Euro. Das ist die Gelegenheit, sich von unserem journalistischen Angebot zu überzeugen und auch im Urlaub erstklassig informiert zu bleiben. Diese besondere Vorteilsaktion finden Sie jetzt unter handelsblatt.com/sommerOder lesen Sie das Handelsblatt ein Jahr lang mit 30% Rabatt und erhalten Sie tiefgehende Einblicke in Wirtschaft, Politik, Finanzwelt und Technologie. Zum Angebot: handelsblatt.com/bto30Werbepartner – Informationen zu den Angeboten unserer aktuellen Werbepartner finden Sie hier. Hosted on Acast. See acast.com/privacy for more information.

On the latest episode of Making Cents of Money, join economist Chasse Rehwinkel as he discusses tariffs' impact on our history and how we can brace for the impacts of changing tariff policies in the present and future Show Notes Previous episodes with Chasse Rehwinkel: • Ep. 79, What Happens When a Bank Fails?: https://blogs.uofi.uillinois.edu/view/7550/1732000561 • Ep. 47, Community Reinvestment Act: https://blogs.uofi.uillinois.edu/view/7550/793516993 • Ep. 14, Short-selling: https://blogs.uofi.uillinois.edu/view/7550/433822269 • Ep. 2, Banked or Unbanked – Choosing Financial Services for You: https://blogs.uofi.uillinois.edu/view/7550/465787932 Recent Data and Reports • Budget Lab at Yale University. (2025, April 15). State of U.S. Tariffs: April 15, 2025. https://budgetlab.yale.edu/research/state-us-tariffs-april-15-2025 • Budget Lab at Yale University. (2025, April). Where We Stand: The Fiscal, Economic, and Distributional Effects of All U.S. Tariffs Enacted in 2025 Through April 2. https://budgetlab.yale.edu/research/where-we-stand-fiscal-economic-and-distributional-effects-all-us-tariffs-enacted-2025-through-april • Deloitte Insights. (2025, April). US tariffs impact economy. https://www2.deloitte.com/us/en/insights/economy/spotlight/united-states-tariffs-impact-economy.html • Tax Foundation. (2025, April). Trump Tariffs: The Economic Impact of the Trump Trade War. https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/ News Articles and Analysis • Cameron, H. (2025, April). 'Shark Tank' inventor tests whether people will pay more for "made in USA". Newsweek. https://www.newsweek.com/shark-tank-inventor-american-made-tariff-experiment-2064087 • LaRocco, L.A. (2025, April 12). Trump tariffs won't lead supply chains back to U.S., companies will go low-tariff globe-hopping: CNBC survey. CNBC. https://www.cnbc.com/2025/04/14/tariffs-wont-bring-manufacturing-back-to-us-supply-chain-survey.html Historical Context and Academic References • Duster, C. (2025, March 6). Did tariffs contribute to the Great Depression? Here's what to know. NPR. https://www.npr.org/2025/03/06/nx-s1-5318076/tariffs-great-depression-explainer • National Association of Manufacturers. (2025, April). Tariffs: 1930 Versus 2025. https://nam.org/tariffs-1930-versus-2015-33709/ • U.S. Department of State, Office of the Historian. (n.d.). Protectionism in the Interwar Period. https://history.state.gov/milestones/1921-1936/protectionism • U.S. Senate (n.d.). The senate passes the Smoot-Hawley tariff. https://www.senate.gov/artandhistory/history/minute/Senate_Passes_Smoot_Hawley_Tariff.htm Government Documents • White House. (2025, April). Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits. https://www.whitehouse.gov/presidential-actions/2025/04/regulating-imports-with-a-reciprocal-tariff-to-rectify-trade-practices-that-contribute-to-large-and-persistent-annual-united-states-goods-trade-deficits/ • White House. (2025, April). Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security. https://www.whitehouse.gov/fact-sheets/2025/04/fact-sheet-president-donald-j-trump-declares-national-emergency-to-increase-our-competitive-edge-protect-our-sovereignty-and-strengthen-our-national-and-economic-security/

The global energy transition was already facing headwinds even as trade tensions and geopolitical uncertainty escalated. Supply chain disruptions, elevated interest rates, and persistent inflation have created additional hurdles for renewable projects. But could rising resource nationalism paradoxically accelerate the transition by spurring countries to prioritize domestic renewable energy development? In this episode, host Eklavya Gupte and Commodity Insights journalist James Burgess explore this complex dynamic with two guests who offer different perspectives. Dan Klein, head of future energy pathways at Commodity Insights, explains how nations are recalibrating their energy strategies to balance security concerns with decarbonization goals in an increasingly volatile geopolitical environment. Ben Hoff, Societe Generale's global head of commodity research, argues that the momentum behind the energy transition is unstoppable, and that protectionist measures could nurture domestic renewables sectors despite short-term disruptions. Energy Evolution has merged with Platts Future Energy, and episodes are now regularly published on Tuesdays.

The global energy transition was already facing headwinds even as trade tensions and geopolitical uncertainty escalated. Supply chain disruptions, elevated interest rates, and persistent inflation have created additional hurdles for renewable projects. But could rising resource nationalism paradoxically accelerate the transition by spurring countries to prioritize domestic renewable energy development? In this episode, host Eklavya Gupte and Commodity Insights journalist James Burgess explore this complex dynamic with two guests who offer different perspectives. Dan Klein, head of future energy pathways at Commodity Insights, explains how nations are recalibrating their energy strategies to balance security concerns with decarbonization goals in an increasingly volatile geopolitical environment. Ben Hoff, Societe Generale's global head of commodity research, argues that the momentum behind the energy transition is unstoppable, and that protectionist measures could nurture domestic renewables sectors despite short-term disruptions. Energy Evolution has merged with Platts Future Energy, and episodes are now regularly published on Tuesdays.

Anton Rizki Sulaiman & Dr. Krisna Gupta are senior experts at the Center for Indonesian Policy Studies (CIPS), an independent, non-profit think tank based in Jakarta that provides evidence-based policy analysis and practical recommendations to support an open, inclusive, and prosperous Indonesia.Anton Rizki Sulaiman is a specialist in public communication and sustainable development. With a background in corporate communications and stakeholder engagement, he has advised multinational corporations, SOEs, and international organizations on public policy, political risk, and ESG strategies. He holds a master's degree in corporate communication and marketing from Leeds University Business School and a political science degree from Université Libre de Bruxelles.Dr. Krisna Gupta is an economist focused on international trade, investment policy, and Indonesian manufacturing. He utilizes panel data and quantitative methods to evaluate policy impact. Dr. Gupta earned his Ph.D. from the Crawford School of Public Policy at ANU and holds two master's degrees in economics. He received the Hadi Soesastro Prize in 2019 for excellence in Indonesian development research.Timestamps0:00 — Overview of Indonesia's employment landscape9:34 — OMBINUS Law, UU Cipta Kerja, government inefficiencies and the problem with minimum wages23:23 — Informal jobs, Sh*pee and the disappearing medium enterprises43:03 — Protectionism & how it's hurting us & explaining the drama about ride-sharing companies57:47 — The tea about tipping & Gen Zs in the workforce01:07:03 — Personal accountability & choice in financial management, the lipstick effect01:16:24 – The grand scheme benefits of unemployment and firms dying

EDITORIAL: Protectionism of the wrong kind | May 15, 2025Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe Visit our website at https://www.manilatimes.net Follow us: Facebook - https://tmt.ph/facebook Instagram - https://tmt.ph/instagram Twitter - https://tmt.ph/twitter DailyMotion - https://tmt.ph/dailymotion Subscribe to our Digital Edition - https://tmt.ph/digital Check out our Podcasts: Spotify - https://tmt.ph/spotify Apple Podcasts - https://tmt.ph/applepodcasts Amazon Music - https://tmt.ph/amazonmusic Deezer: https://tmt.ph/deezer Stitcher: https://tmt.ph/stitcherTune In: https://tmt.ph/tunein #TheManilaTimes#VoiceOfTheTimes Hosted on Acast. See acast.com/privacy for more information.

David takes on the idea that protectionism and globalization are chief rivals, and instead suggests that the chief rival of protectionism is free enterprise itself. He critiques Joe Nocera's recent Free Press article suggesting that the protectionists have been vindicated, and instead suggests that the entire protectionist agenda is essentially the plight of the central planner. A careful critique of the tariff dogma, combined with a non-revisionist view of what has transpired in trade and culture over the last few decades!

For a long time, Republicans and many Democrats espoused some version of free-trade economics that would have been familiar to Adam Smith. But Donald Trump breaks radically with that tradition, embracing a form of protectionism that resulted in his extremely broad and chaotic tariff proposals, which tanked markets and deepened the fear of a global recession. John Cassidy writes The New Yorker's The Financial Page column, and he's been covering economics for the magazine since 1995. His new book, “Capitalism and Its Critics: A History,” takes a long view of these debates, and breaks down some of the arguments that have shaped the U.S.'s current economic reality. “Capitalism itself has put its worst face forward in the last twenty or thirty years through the growth of huge monopolies which seem completely beyond any public control or accountability,” Cassidy tells David Remnick. “And young people—they look at capitalism and the economy through the prism of environmentalism now in a way that they didn't in our generation.”

In this episode of 'Hashtag Trending: The Weekend Edition,' host Jim Love welcomes motivational speaker Dave Howlett to discuss the increasing incivility and polarization seen in professional and social communications, notably showcased through a LinkedIn conversation. Dave, who has a background in sales and a unique approach to breaking down organizational silos, shares his method of using the concepts of 'gears' to understand and navigate through conflicts and differences. They delve into the importance of empathy, trust, and effective communication in developing a more cohesive working and social environment. Practical strategies for repairing relationships and fostering collaboration in divided communities are also discussed. Listeners are encouraged to replace judgment with curiosity and to take active steps towards bridging gaps in understanding. 00:00 Introduction and Host's Commentary on Online Incivility 00:57 The Impact of Political Polarization on Business Communication 02:26 Introducing Dave Hallett: A Motivational Speaker's Journey 04:51 Dave Hallett's Background and Early Influences 08:02 The Art of Sales and Persuasion 14:43 Developing the Three Gears Concept 20:53 Exploring Second Gear: Incentive-Driven Behavior 24:02 Exploring First Gear: Self-Interest and Narcissism 29:23 Exploring Third Gear: Doing the Right Thing 34:18 Fear and Protectionism in Politics 34:52 The Echo Chamber of Social Media 36:05 Struggles with Open-Mindedness 37:24 The Importance of Self-Awareness 38:46 Engaging with Opposing Views 40:00 Tribalism in Political Discourse 41:39 The Purity Test in Social Groups 41:50 Health and Lifestyle Choices 43:29 Breaking Down Silos 46:57 Curiosity Over Judgment 48:11 Understanding Different Perspectives 56:04 Common Goals and Human Connection 01:02:30 Repairing Damaged Relationships 01:07:52 Final Thoughts and Takeaways

Chinese Foreign Minister Wang Yi has stressed multilateralism and free trade at a BRICS meeting in Brazil (01:05). The American public has complained about U.S. economic policies barely 100 days after President Donald Trump began his second term in office (12:17). And Canadians have voted to keep Mark Carney as prime minister amid threats from the United States (16:11).

In his return to office, President Donald Trump has intensified the use of tariffs as a central instrument of U.S. trade policy. Recent measures have expanded tariffs on strategic imports, particularly from China, and continued the application of steel and aluminum tariffs under Section 232 of the Trade Expansion Act, as well as broader sanctions under Section 301 investigations into intellectual property practices. These policies have been positioned as efforts to protect national industries, reduce trade deficits, and bolster American economic sovereignty, while also signaling a more assertive U.S. approach to global commerce. Despite these intentions, the structure and execution of these tariff measures have introduced volatility into global markets. Empirical analyses indicate that while select domestic sectors have experienced short-term benefits, overall economic costs—including higher input prices, retaliatory tariffs from trading partners, and dampened investment—have offset many of the perceived gains. International institutions such as the IMF and WTO have linked prolonged tariff conflicts to downward revisions in global growth projections. Financial markets, in turn, have exhibited heightened sensitivity to tariff escalations, reflecting broader uncertainty about the sustainability of current trade policies. This episode examines the evolving nature of American trade strategy: What distinguishes short-term political signaling from durable economic policymaking? How have Trump's tariffs reshaped global supply chains, investor confidence, and the strategic positioning of U.S. industries? And as financial markets demand greater predictability and resilience, what future pathways could be pursued to align tariff and fiscal policy with long-term competitiveness and global stability? Our special guest this week is Professor Walid Hejazi. Professor Hejazi is the Academic Director of Executive Programs and Professor of International Business, Economic Analysis, and Policy at the Rotman School of Management at the University of Toronto. He is also a Fellow at the Michael Lee-Chin Family Institute for Corporate Citizenship and serves on the Board of Directors of the David & Sharon Johnston Centre for Corporate Governance Innovation. Over the course of his career, Professor Hejazi has advised private-sector firms and collaborated extensively with Canadian and international governments on foreign investment and international trade strategy. He has testified before parliamentary and senate committees, taught extensively in Rotman's MBA, EMBA, and executive education programs, and delivered lectures in over 30 countries worldwide. His research focuses on the intersection of global competitiveness, trade dynamics, and strategic economic policy, making his insights particularly timely for today's conversation. Join us as we delve into the consequences of tariff-driven protectionism, the gaps in America's current trade approach, and what more sustainable, market-stabilizing policies could look like in the years ahead. Produced by: Julia Brahy

Potentially good news for potato growers as word gets out that the Trump administration has begun talks with Japan to eliminate tariff and non-tariff trade barriers.

Potentially good news for potato growers as word gets out that the Trump administration has begun talks with Japan to eliminate tariff and non-tariff trade barriers.

Kevin Duffy joins us to discuss the case against China, whether it justifies the tariffs, and where this is all going. Sponsors: Federated Computer: Code: WOODS & ElevenFreebies.com Guest's Website: TheCoffeeCanPortfolio.com  Related Links: - Trump 2.0 — The Coffee Can Portfolio (Duffy, Dec-24) - Kevin Duffy: «I Think the Markets Are Heading for Trouble» (Duffy, Mar-25) - Protectionism and Destruction of Prosperity.PDF (Rothbard, 1986) - China's competitiveness is driven by low taxation, not by industrial policy | Mises Institute Show notes for Ep. 2633

Chinese vehicles are relatively immune from the United States' tariff impacts due to the limited number of such direct exports to the US and nearly nonexistent sales of domestic brands in that market, said Cui Dongshu, secretary-general of the China Passenger Car Association.中国乘用车协会秘书长崔东树表示，由于中国对美直接出口汽车数量有限且自主品牌在当地市场销量近乎空白，中国汽车受美国加征关税的影响相对有限。Cui highlighted the strong growth potential of Chinese autos in other markets. He stressed the need for Chinese automakers to strengthen partnerships with companies from Belt and Road Initiative-involved regions and southern hemisphere areas.崔指出，中国汽车在其他市场展现出强劲增长潜力，他强调中国汽车制造商需深化与"一带一路"沿线地区及南半球区域企业之间的合作。Specifically, Cui said promoting the use of small-sized electric vehicles in those markets is key to addressing demand for navigating narrow streets due to inadequate infrastructure development in certain regions.崔东树特别指出，在基础设施发展相对滞后的区域市场，推广小型电动汽车应用是破解狭窄街巷通行需求的关键所在。"Currently, China's efforts in advancing the BRI have been fruitful, and there is strong demand for automobiles in these regions. There is substantial potential for gasoline-powered Chinese vehicles by ramping up the export of these products. Promoting plug-in hybrid models will also unlock tremendous opportunities due to cost-effectiveness and energy-efficiency," he said."当前中国'一带一路'建设成效显著，这些地区汽车消费需求旺盛。通过扩大传统燃油车出口，中国车企仍有巨大市场空间。此外，插电式混合动力车型凭借其成本效益与节能优势，也将释放巨大市场机遇。"Cui, citing data from the General Administration of Customs, said China exported only 116,138 vehicles to the US in 2024, accounting for a mere 1.81 percent of China's total auto exports.崔表示，根据海关总署的数据，2024年中国仅向美国出口了116,138辆汽车，占中国汽车出口总量的1.81%。In contrast, the so-called reciprocal tariffs imposed by the US have a more significant impact on European, Japanese and South Korean automakers. Huatai Securities predicts that the 25 percent additional tariffs imposed by the US will affect 20 percent of direct exports from Japan and South Korea, and 30 percent of direct exports from German automakers, translating to an estimated sales impact of approximately 270,000, 200,000, and 160,000 vehicles, respectively, in 2025.相比之下，美国实施的所谓"对等关税"对欧洲、日本和韩国汽车制造商的影响更为显著。华泰证券研报预测，美国加征的25%额外关税将影响日韩车企20%的直接出口规模，对德国汽车制造商的直接影响范围更达30%。按此推算，预计到2025年将分别造成日、韩、德系车企约27万辆、20万辆和16万辆的销售缺口。Huatai Securities suggests that the US tariff policies may indirectly promote cooperation between China and other countries and regions, potentially enabling Chinese automotive companies to gain more market share in the EU and Southeast Asia.华泰证券认为，美国关税政策或将间接促进中国与其他国家和地区的合作，中国车企有望借此在欧盟及东南亚市场获取更大份额。As per the Ministry of Commerce, on April 3, both China and Europe agreed to swiftly resume negotiations on price commitments for electric vehicle anti-subsidy cases, fostering a favorable environment for promoting investment and industrial cooperation between Chinese and European enterprises.据商务部消息，4月3日中欧双方同意尽快重启电动汽车反补贴案价格承诺谈判，为中欧企业深化投资与产业合作营造良好环境。"China's global automotive market share is only around 35 percent, with Chinese brand vehicles accounting for less than 28 percent. Chinese brand vehicles have ample room for market share growth in many overseas markets," Cui said.崔东树指出："中国汽车全球市场份额仅约35%，其中自主品牌占比不足28%。在众多海外市场，中国品牌汽车仍具备充分的市场拓展空间。""With minimal presence in the US automotive market, the trade conflicts have minimal negative impacts on Chinese brand vehicles. There are numerous opportunities for Chinese brands to expand overseas, especially in countries without established automotive industries that welcome our localized products," he said."由于中国品牌汽车在美国市场存在感极低，贸易摩擦带来的负面影响微乎其微。中国品牌海外拓展机遇众多，尤其在缺乏本土汽车工业的国家，当地市场对我们本土化产品持开放态度。"Cui highlighted a growing need for Chinese autos from BRI-involved regions. He said accelerating the export of Chinese gas-powered vehicle products and hybrid models holds immense potential.他特别强调，"一带一路"区域对中国汽车的需求持续增长，加速中国燃油车产品与混合动力车型出口将释放巨大潜力。the General Administration of Customs海关总署market share市场份额trade conflicts贸易摩擦price commitments价格承诺electric vehicles电动车

"Compounding Errors" Hosts: Darren Weeks, Vicky Davis Website for the show: https://governamerica.com Vicky's website: https://thetechnocratictyranny.com COMPLETE SHOW NOTES AND CREDITS AT: https://governamerica.com/radio/radio-archives/22613-govern-america-april-12-2025-compounding-errors Listen LIVE every Saturday at 11AM Eastern or 8AM Pacific at http://governamerica.net or on your favorite app. Trade war ramps up, as does market volatility. Goldman Sachs issues recession alert, then immediately rescinds it. Elon Musk and Peter Navarro spar. Trump insults nations that are willing to talk, praises Gov. Gretchen Whitmer, and signs more executive orders. Bill Maher on his White House visit: "where's Glenda the good witch?" Also, judicial overreach by activist judges: What can be done? What should be done? What has been done?

Debate between Keith Rabois and Zach Weinberg on what tariffs are actually trying to accomplish. One core theme: Tariffs aren't fully about “bringing back factories,” but rather a negotiation tool to eliminate foreign trade barriers - ultimately aiming to increase free trade, not restrict it.We also got into:- What each of them would do if they were in charge- Whether the trade deficit is a meaningful metric or just a misunderstood talking point- If tariffs could be part of an initiative to replace income tax — shifting toward a more consumption-based tax system- If tariffs could successfully be used as a non-military tool to reduce drug supply to the US- If there's a major disconnect between the new administration's rhetoric and the actual economic goals behind the policyOne of the deepest economic conversations from the show's recent history — and a rare debate where both sides had real logic behind their views.(00:00) Introduction and Host's Biases(00:46) Keith's Perspective on Tariffs(03:05) Zach's Perspective and Clarifying Questions(05:14) Debating Tariff Strategies(07:45) Economic Implications and Free Trade(13:31) Trump's Tariff Policies and Goals(16:57) Global Trade and Protectionism(25:52) Final Thoughts on Tariffs and Trade(29:16) Discussion on Trade Tariffs and Partners(30:17) Impact of Tariffs on GDP and Debt(31:20) Political Coalitions and Trade Policies(32:00) Tariffs as Consumer Taxes(33:30) Debate on Trade Deficit and Tariff Rates(36:53) Regulatory Reforms and Economic Policies(47:25) Fentanyl Crisis and Trade Negotiations(51:06) Closing Remarks and Future TopicsExecutive Producer: Rashad AssirProducer: Leah ClapperMixing and editing: Justin HrabovskyCheck out Unsupervised Learning, Redpoint's AI Podcast: https://www.youtube.com/@UCUl-s_Vp-Kkk_XVyDylNwLA

In this episode of Uncommon Sense with Ginny Robinson, I'm giving my take (to the best of my ability—because I'm not a tariff expert and neither are most of the people chiming in right now) on Trump's gutsy new tariff move. It's the one that's got half the country cheering and the other half clutching their pearls. While the media yells “economic suicide,” I'm here to suggest that this strategy might actually work—but not overnight. We'll talk about the possibility of long-term gain, the reality of short-term discomfort, and the cultural obsession with instant results when what's often required is patience. I will also go over our collective short attention spans and why longer attention spans are needed for understanding complex issues like this. Every answer won't fit in a 15 second soundbite. At the end of the day, we'll have to pray, wait, and see. Some of the smartest plays take time to unfold.—https://noblegoldinvestments.com/learn/gold-and-silver-guide/?utm_campaign=21243613394&utm_source=g&utm_medium=cpc&utm_content=&utm_term=noble%20gold&seg_aprod=&ad_id=698073353663&oid=2&affid=1&utm_source=google&affiliate_source=googleads_brand_bmbc&utm_term=noble%20gold&gad_source=1&gbraid=0AAAAADQ2DzJSJ_mi5cJo8dO2FNUs7uNy-&gclid=CjwKCAjwktO_BhBrEiwAV70jXtjSCyioSM2Hz1McTAlR3f8t3KCDDN3-XBWLaIzwJmiEGe0ztxIk5RoCnM0QAvD_BwE

Send us a text00:21 - Navigating pre-IPO stock opportunity in a shifting market17:00 - Protectionism's impact on pre-IPO stocks34:00 - Embracing efficiency: AI, automation, and the future of work

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AP correspondent Charles de Ledesma reports Asian shares nosedive after the meltdown Friday on Wall Street over President Trump's tariffs and the resulting backlash from Beijing.

Political Science Professor Kevin Navratil discusses global trade with a special focus on tariffs and protectionism. He examines the benefits and drawbacks of both free trade and protectionism, exploring the potential implications on the global economy.

Moneycontrol analysis shows that India turned more protectionist between 2013 and 2023, with tariffs on roughly 20 percent of the imports rising. But India was not the only Asian country to turn more protectionist. Indonesia and Vietnam also raised tariffs on more goods than they reduced during this period. But China, US and EU reduced tariffs. However, between 2022 and 2023, India was among the few nations to reduce tariffs on more goods. Did protectionism help India and does a more open India mean more exports? We decode the answers with Gaura Sengupta, Chief India Economist, IDFC First Bank and Amitendu Palit, Senior Research Fellow and Research Lead (Trade and Economics) at the Institute of South Asian Studies at the National University of Singapore.

The GOP faces a choice about how to move forward.

In this episode, we explore how globalization has shaped trade and innovation—and why rising protectionism is challenging its benefits. What happens when countries impose tariffs and trade restrictions? And how can policymakers navigate the balance between open markets and domestic interests?   Claudia Steinwender is a Professor of Economics at Ludwig Maximilian University of Munich. Her research focuses on international trade, innovation, and economic history, with a particular emphasis on how globalization shapes firm behavior and trade dynamics.  

For market purists, any mention of the term industrial policy used to evoke visions of heavy-handed Soviet-style central planning, or the stifling state-centric protectionism employed by Latin American countries in the late 20th century. But that conversation turned dramatically over the last several years, as President Joe Biden's signature legislative achievements like the CHIPS and Science Act and the Inflation Reduction Act showcased policies designed to influence and shape industries ranging from tech to pharma to green energy. My guest today, Harvard Kennedy School Professor Ricardo Hausmann, is the founder and director of the Growth Lab, which studies ways to unlock economic growth and collaborates with policymakers to promote inclusive prosperity around the world. Hausmann says he believes markets are useful, but have shown themselves inadequate to create public benefits at a time when public objectives like the clean energy transition and shared prosperity have become increasingly essential to human society. In a wide-ranging conversation, we'll discuss why industrial policy is making a comeback, tools that the Growth Lab has developed to help poorer countries and regions develop and prosper, and the uncertainty being caused by President Trump's pledge to raise tariffs and protectionist barriers.Ricardo Hausmann's policy recommendations:Encourage governments to track industries that are not yet developed but have the potential for growth and monitor technological advancements to identify how new technologies can impact existing industries or create new opportunities.Develop state organizations with a deep understanding of societal trends and industrial potential, similar to Israel's office of the Chief Scientist or the U.S. Presidential Commission on Science and Technology.Encourage governments to develop a pre-approved set of tools—including training, educational programs, research programs, and infrastructure—that can be quickly mobilized for specific economic opportunities.Teach policy design in a way that mirrors medical education (e.g., learning by doing as in a teaching hospital), because successful policy design requires real-world experience, not just theoretical knowledge. Ricardo Hausmann is the founder and director of Harvard's Growth Lab and the Rafik Hariri Professor of the Practice of International Political Economy at Harvard Kennedy School. Under his leadership, the Growth Lab has grown into one of the most well regarded and influential hubs for research on economic growth and development around the world. His scholarly contributions include the development of the Growth Diagnostics and Economic Complexity methodologies, as well as several widely used economic concepts. Since launching the Growth Lab in 2006, Hausmann has served as principal investigator for more than 50 research initiatives in nearly 30 countries, including the US, informing development policy, growth strategies and diversification agendas at the national, regional, and city levels. Before joining Harvard University, he served as the first chief economist of the Inter-American Development Bank (1994-2000), where he created the Research Department. He has served as minister of planning of Venezuela (1992-1993) and as a member of the Board of the Central Bank of Venezuela. He also served as chair of the IMF-World Bank Development Committee. He holds a Ph.D. in economics from Cornell University.Ralph Ranalli of the HKS Office of Communications and Public Affairs is the host, producer, and editor of HKS PolicyCast. A former journalist, public television producer, and entrepreneur, he holds an BA in political science from UCLA and a master's in journalism from Columbia University.Scheduling and logistical support for PolicyCast is provided by Lillian Wainaina. Design and graphics support is provided by Laura King of the OCPA Design Team. Web design and social media promotion support is provided by Catherine Santrock and Natalie Montaner of the OCPA Digital Team. Editorial support is provided by Nora Delaney and Robert O'Neill of the OCPA Editorial Team. 

In this episode of the Bharatvaarta podcast, host Roshan Cariappa is joined by panelists Ruchir Sharma, Surya Kanegaonkar, and Anang Mittal to discuss the potential impact of the Trump presidency on India and the broader world. The conversation covers a range of topics, including the potential for creative diplomacy, the state of India's indigenous military technology programs, and the effects of U.S. foreign policy on India's strategic autonomy. The panelists also discuss how India can take advantage of this period to reform its internal policies and redefine its role as a regional hegemon. With insights into defense, economic policies, and the evolving geopolitical landscape, this episode offers a comprehensive look at what India might expect and how it can best prepare for the future. Topics: 00:00 Sneak peak 01:21 Introduction 02:59 Trump's Policies and Global Reactions 08:15 India's Geopolitical Maneuvering 20:24 Modi's US Visit Highlights 27:40 Negotiating with Trump 37:09 Regional Powers and India's Role 45:13 Indian Talent Exodus and Innovation Challenges 01:00:29 Protectionism and Indian Industry 01:19:52 Multilateralism and Global Organizations 01:29:45 The Role of Non-State Actors in U.S. Influence 01:35:21 Opportunities for India Amid Global Shifts 01:38:30 The Need for Bureaucratic and Policy Reforms 01:41:19 Concluding Thoughts and Future Outlook

Since 2000, African countries eligible for preferential market access under the African Growth and Opportunity Act (AGOA) have seen a considerable increase in their exports to the US. But that piece of legislation comes up for renewal this year – while President Donald Trump and his protectionist views on global trade are in power. We take a look at what that could mean for key export sectors in Africa. Finally, our correspondents in Mexico look at how the local auto industry is dealing with the threat of tariffs.

If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different nowadays, they can teach us a lot about how Trump’s protectionist approach to global trade could play out. On the show today, Inu Manak, a fellow for trade policy at the Council on Foreign Relations, explains how the Smoot-Hawley tariff debacle can shed light on the current moment, why the president has the power to wield tariffs in the first place, and how punishing trading partners could leave the U.S. economy at a disadvantage. Plus, what this fight has to do with the 1980s film “Ferris Bueller’s Day Off” and Roomba vacuum cleaners! Later, one listener’s call to visit your local butcher. And, dating coach Damona Hoffman, host of the “Dates and Mates” podcast, answers the “Make Me Smart” question just in time for Valentine’s Day. Here’s everything we talked about today: “Tariffs on Trading Partners: Can the President Actually Do That?” from Council on Foreign Relations “One Response to Trump's Tariffs: Trade That Excludes the U.S.” from The New York Times “The United States has been disengaging from the global economy” from the Peterson Institute for International Economics “Protectionism 100 years ago helped ignite a world war. Could it happen again?” from The Washington Post “The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today's globalized system” from The Conversation Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different nowadays, they can teach us a lot about how Trump’s protectionist approach to global trade could play out. On the show today, Inu Manak, a fellow for trade policy at the Council on Foreign Relations, explains how the Smoot-Hawley tariff debacle can shed light on the current moment, why the president has the power to wield tariffs in the first place, and how punishing trading partners could leave the U.S. economy at a disadvantage. Plus, what this fight has to do with the 1980s film “Ferris Bueller’s Day Off” and Roomba vacuum cleaners! Later, one listener’s call to visit your local butcher. And, dating coach Damona Hoffman, host of the “Dates and Mates” podcast, answers the “Make Me Smart” question just in time for Valentine’s Day. Here’s everything we talked about today: “Tariffs on Trading Partners: Can the President Actually Do That?” from Council on Foreign Relations “One Response to Trump's Tariffs: Trade That Excludes the U.S.” from The New York Times “The United States has been disengaging from the global economy” from the Peterson Institute for International Economics “Protectionism 100 years ago helped ignite a world war. Could it happen again?” from The Washington Post “The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today's globalized system” from The Conversation Got a question or comment for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

In this fascinating discussion with Sean Flood from Ride Today we chat about his journey in the ever-evolving world of mobility, from his early days in electric rideshare to his current ventures in Ireland. It's always interesting to hear how entrepreneurs navigate the ups and downs of an industry, especially one as dynamic as micro mobility. Sean's insights on hardware sales and subscription models really highlight the innovative spirit driving the sector forward.One of the key themes we explore is the impact of tariffs on the mobility industry. Sean brings a grounded perspective, emphasizing how tariffs can drive inflation and affect pricing. It's not just about the political side of things; it's about the real-world consequences for businesses and consumers. We also delve into the evolution of micro mobility, from the early days of scooter dumping to a more strategic and community-integrated approach. It seems like the industry is finally finding its footing, with less public resistance and more focus on sustainable growth.Looking ahead, we get into the exciting possibilities of robotics and even personal aerial transportation. It's wild to think about the future of mobility extending beyond traditional vehicles to include delivery bots and maybe even personal bubble devices. Sean's vision really paints a picture of how innovation and technology could transform the way we move goods and services. It's clear that the definition of mobility is expanding, and the potential for growth is immense.Takeaways*   Ascend automates premium financing and collections.*   Sean Flood has a long history in micro mobility.*   The move to Ireland was prompted by a family decision.*   New ventures in mobility focus on hardware sales and subscriptions.*   Tariffs can drive inflation and impact pricing in the mobility sector.*   Micro mobility is evolving with less public resistance.*   Innovation in mobility is expected to grow significantly.*   The definition of mobility is expanding to include goods transportation.*   Personal aerial transportation could be a future reality.*   Stability is crucial for entrepreneurs in the mobility space.*   Litigation has significantly increased post-COVID, making it challenging to analyze trends.*   Battery safety regulations are becoming crucial due to the rise in fires caused by unsafe products.Chapters*   00:00 Revolutionizing Payments in Insurance*   01:19 Sean Flood's Journey in Micro Mobility*   02:42 Transitioning to Ireland and New Ventures*   04:03 The Future of Mobility: Strategies and Innovations*   06:00 Impact of Tariffs on the Mobility Industry*   14:04 The Evolution of Micro Mobility*   18:21 The Future of Mobility: Robotics and Aerial Transportation*   21:11 Litigation Trends Post-COVID*   24:53 The Impact of Battery Safety Regulations*   26:10 Wine and Risk: A Personal Touch*   30:11 Navigating Tariffs and Trade Relations*   34:24 AI and the Future of Jobs*   38:09 Sovereign Wealth Funds: A New Frontier?*   44:01 Product Recalls and Consumer SafetyConnect with RiskCellar:Website:https://www.riskcellar.com/Sean Flood:Ride Today Linkedin:https://www.linkedin.com/company/ridetoday/?originalSubdomain=ieBrandon Schuh:Facebook:https://www.facebook.com/profile.php?id=61552710523314LinkedIn:https://www.linkedin.com/in/brandon-stephen-schuh/Instagram:https://www.instagram.com/schuhpapa/Nick Hartmann:LinkedIn:https://www.linkedin.com/in/nickjhartmann/ 

This week we talk about tax hikes, free trade, and the madman theory of negotiation.We also discuss EVs, Canada, and economic competition.Recommended Book: How Sanctions Work by Narges Bajoghli, Vali Nasr, Djavad Salehi-Isfahani, and Ali VaezTranscriptOn January 20, 2025, the 45th President of the United States, Donald Trump, was inaugurated as the 47th President of the US following a hard-fought election that he ultimately won by only a little bit in terms of the popular vote—49.8% to 48.3%—but he won the electoral vote by a substantial margin: 312 to opponent Kamala Harris' 226.Trump is the oldest person in US history to assume the country's presidency, at 78 years old, and he's only the second US president to win a non-consecutive term, the first being Grover Cleveland back in 1893.This new Trump presidency kicked off even before he officially stepped into office, his people interviewing government officials and low-level staff with what have been called loyalty tests, to assess who's with them and who's against them, including questions about whether they think the previous election, which Trump lost to former president Biden, was rigged against Trump—a conspiracy theory that's popular with Trump and many of his supporters, but for which there's no evidence.There was also a flurry of activity in Israel and the Gaza Strip, last minute negotiations between then-president Biden's representatives gaining additional oomph when Trump's incoming representatives added their heft to the effort, resulting in a long-pursued ceasefire agreement that, as of the day I'm recording this at least, still holds, a few weeks after it went into effect; hostages are still being exchanged, fighting has almost entirely halted between Israeli forces and Hamas fighters in Gaza, and while everyone involved is still holding their breath, worried that the whole thing could fall apart as previous efforts toward a lasting ceasefire have, negotiations about the second phase of the three-phase ceasefire plan started yesterday, and everything seems to be going mostly according to plan, thus far.That said, other aspects of the second Trump presidency have been less smooth and less celebrated—outside of the president's orbit, at least.There have been a flurry of firings and forced retirements amongst long-serving public officials and employees—many seemingly the result of those aforementioned loyalty tests. This has left gaps in many fundamental agencies, and while those conducting this purge of said agencies have claimed this is part of the plan, and that those who have left or been forced to leave are part of the alleged deep state that has it in for Trump, and who worked against him and his plans during his first presidency, and that these agencies, furthermore, have long been overstaffed, and staffed with people who aren't good at their jobs—so these purges will ultimately save the government money, and things will be restructured to work better, for some value of “better,” anyway.There have been outcries about this seeming gutting of the system, especially the regulatory system, from pretty much everyone else, national and international, with some analysts and Trump opponents calling this a coup in all but name; doing away with the systems that allow for accountability of those in charge, basically, and the very structures that allow democracy to happen in the country. And even short of that, we're seeing all sorts of issues related to those empty seats, and could soon see consequences as a result of the loss of generational knowledge in these agencies about how to do things; even fairly basic things.All of which has been accompanied by a wave of revenge firings and demotions, and threats of legal action and even the jailing of Trump opponents. In some cases this has included pulling security details from anyone who's spoken out against Trump or his policies in the past, including those who face persistent threats of violence, usually from Trump supporters.On the opposite side, those who have stuck by Trump, including those who were charged with crimes related to the January 6 incursion at the US Capitol Building, have been pardoned, given promotions, and at times publicly celebrated by the new administration. Some have been given cushy jobs and promotions for the well-connected amongst his supporters; Ken Howery the partner of venture capitalist and owner of government contractor Palantir, Peter Thield, and close ally of serial CEO and enthusiastic Trump supporter Elon Musk, was recently made ambassador to Denmark, for instance.Some of these moves have caused a fair bit of chaos, including a plane colliding with a military helicopter, which may have been the result of understaffing at the FAA, alongside an executive order that froze the funding of federal programs across the country.That executive order has been blocked by judges in some areas, and the Trump administration has since announced that they've rescinded the memo announcing that shutdown, but the initial impact was substantial, including the closure of regional Social Security, Medicare, and Medicaid infrastructure, and the halting of government funded research and educational programs.Lots of people had their livelihoods threatened, lots worried they wouldn't be able to afford necessary medical procedures or be able to pay their bills, and many people worried this might cause the country to lose ground against competitors in terms of scientific and technological development, while also leading to some pretty widespread negative health outcomes—the government has also pulled health data, so information about disease spread and even pandemics is now inaccessible, further amplifying that latter concern.And that's just a very abbreviated, incomplete summary of some of the actions Trump's administration has taken in its first two weeks back in office; part of a desire on their part to hit the ground rolling and get rid of elements that might stand in their way as they fundamentally change the US system of government to better match their ambitions and priorities.What I'd like to talk about today, is a specific focus of this new administration—one that was a focus of Trump's previous administration, and to a certain degree Biden's administration too: that of US protectionism, and the use of tariffs against perceived enemies; but also, in Trump's case, at least, against long-time allies, as well.—On February 2 of 2025, Trump posted about tariffs on the twitter-clone he owns, Truth Social. And I'm going to quote the post in full, here, as I think it's illustrative of what he intends to do in this regard in the coming months.“The “Tariff Lobby,” headed by the Globalist, and always wrong, Wall Street Journal, is working hard to justify Countries like Canada, Mexico, China, and too many others to name, continue the decades long RIPOFF OF AMERICA, both with regard to TRADE, CRIME, AND POISONOUS DRUGS that are allowed to so freely flow into AMERICA. THOSE DAYS ARE OVER! The USA has major deficits with Canada, Mexico, and China (and almost all countries!), owes 36 Trillion Dollars, and we're not going to be the “Stupid Country” any longer. MAKE YOUR PRODUCT IN THE USA AND THERE ARE NO TARIFFS! Why should the United States lose TRILLIONS OF DOLLARS IN SUBSIDIZING OTHER COUNTRIES, and why should these other countries pay a small fraction of the cost of what USA citizens pay for Drugs and Pharmaceuticals, as an example? THIS WILL BE THE GOLDEN AGE OF AMERICA! WILL THERE BE SOME PAIN? YES, MAYBE (AND MAYBE NOT!). BUT WE WILL MAKE AMERICA GREAT AGAIN, AND IT WILL ALL BE WORTH THE PRICE THAT MUST BE PAID. WE ARE A COUNTRY THAT IS NOW BEING RUN WITH COMMON SENSE — AND THE RESULTS WILL BE SPECTACULAR!!!”So there are several things happening there, probably the most fundamental of which is the claim that other countries, including the US's allies, like Canada and Mexico, are taking advantage of the US when it comes to trade. This post followed Trump's signature of an executive order that applied a 25% tariff on all Canadian and Mexican imports, and a 10% tariff on all Chinese imports.A tariff is basically a tax on certain goods brought into a country from other countries.So the US might impose a tariff on Chinese cars in order to keep those cars from flooding US markets and competing with US- and European-made models. And that's what the US did under the first Trump, and then the Biden administration—it imposed a 100% border tax on electric vehicles from China, the theory being that these cars are underpriced because of how the Chinese economy works, because of how workers there are treated, and because the Chinese government subsidizes many of their industries, including the EV industry, so their cars are quite good and sold at low prices, but they got that way because they're competing unfairly, according to this argument. Chinese cars sold at their sticker price on the US market, then, might kill off US car companies, which is not something the US government wants.Thus, the price on Chinese EVs is effectively doubled on the US market, and that, on a practical level, kills that competition, giving US carmakers cover until they can up their game and compete with their foreign rivals.The usual theory behind imposing tariffs, then, if you're doing so for ostensible competitive reasons, at least, is that slapping an additional tax on such goods should allow local businesses to better compete against them, because that additional tax raises prices, and that means local offerings have a government-provided advantage. This can help level a perceptually imbalanced playing field, or it can rebalance things in favor of brands in your country.In reality, though, tariffs often, though not always, become a tax on customers, not on the companies they're meant to target.Chinese vehicles have had trouble coming to the US for other reasons beyond price, including a change in safety standards that would be regulatorily required, and a slew of advantages provided to US companies beyond the hobbling tariffs enforced on their foreign competition. But other goods come into the US market from all over the place, and when there's a tariff of say 10 or 25%, that tax is generally just tacked on to the sticker price on the US market, and US consumers thus pay more for something they might have otherwise bought more cheaply, sans tariffs.This creates an effective tax within various industries in the US economy, and it generally has an inflationary effect, as a consequence; things become more expensive, so the money people earn doesn't go as far.So the new Trump administration announced a new 10% tariff on all Chinese goods, and 25% tariffs on goods from Canada and Mexico, though energy products like oil from Canada will only face a 10% tariff.China has already lobbed a bunch of counter-tariffs at the US over the past few administrations, and it suggested it would add more to the tally in response to this new flat tariff, and now Canada and Mexico are rattling the same sabers, saying they won't stand by while their neighbor, with the world's biggest economy, elbows them out, causing possibly substantial damage to their local businesses that export goods to the US.The Canadian government has said it will apply 25% tariffs on $155 billion of American goods, including things like orange juice and appliances, those tariffs phased in over the next three weeks. And the Mexican government has said they'll do similar things, without giving specific details, as of yet.That means US manufacturers, companies that make stuff that ends up being sold in Canada and Mexico, could soon see comparable tariffs on their goods sold in those markets. That, in turn, could lead to significant economic consequences for such companies, but also everyday people living in all the affected countries, because of that inflationary effect—that effective tax on all of these goods.So even without those counter-tariffs, these new tariffs from the Trump administration against Canada, Mexico, and China to are expected to cause some real damage to the US economy, and to normal Americans. The Tax Foundation has estimated that they'll shrink US economic output by .4% and increase taxes by $1.2 trillion between 2025 and 2034, which on a micro-scale represents an average household tax increase of about $830 in 2025, alone; an extra $830 out of pocket per household on average because of these punishments that are ostensibly aimed at other countries, to try to get them to do things Trump wants them to do.Most of that $1.2 trillion tax increase is just from the Mexico and Canada tariffs: $958 billion of it, in fact. And during his first term in office, Trump's tariffs imposed about $80 billion worth of new taxes on American households in a single year, from 2018 to 2019—which isn't the same as just hiking taxes, but it amounts to the same outcome; and when compared to straight-up tax hikes, this represents one of the largest tax increases in several decades.Biden kept most of Trump's tariffs from his first administration in place when he stepped into office, and Biden added some of his own, too: especially on strategically vital tech components like computer chips, and next-step product categories like electric vehicles. And the net-impact of these tariffs on the US economy is generally considered to be mostly negative, in terms of practical tax hikes and its inflationary impact, but also in terms of reduced economic activity and employment.Trade wars can sound pretty tough and often serve as nationalistic red meat when reported upon, but most economists consider them to be the legislative equivalent of shooting oneself in the foot; completely open, free trade comes with downsides, as well, including the potential for a nation like China to dump products at low prices in foreign markets, putting local manufacturers out of business, then raising their prices once they've soaked up all the oxygen.But trade conflicts often result in a lot of downsides for everyday, tax-paying citizens, have long-term negative effects on businesses, and can also stoke inflation, causing secondary and tertiary negative effects that are hard to tamp down, later.Knowing this, many analysts have speculated that Trump might be using these tariffs as a sort of shot across the bow, wanting to renegotiate all sorts of agreements with enemies and allies, alike, and using the madman theory of negotiation, trying to convince those on the other side of the eventual negotiation that he's not in his right mind and is willing to burn it all down, wounding himself and his country in order to take out those who he feels have wronged him, if he doesn't get what he wants.There's a chance this could work for him, and his many threats and implied threats have already led to a whole lot of cowtowing and cancelled lawsuits against him and his people, even from folks and entities that have previously been staunchly against Trump and everything he stands for.There's also a good chance that these other governments will see whatever it is he's demanding from them as a small price to pay to get back to something approaching normal relations with the US, and normal dealings with the US's economy.His demands so far, though, have mostly revolved around seeming specters; he's alleging insufficient efforts aimed at drug imports into the US, and that both Mexico and Canada are enabling all manners of money laundering and transnational crimes; allegations that both countries deny, but which probably aren't the point to begin with. These accusations are generally being seen as a means of forcing these tariffs through without the usual process, which would take a while and present the opportunity for government systems to derail or weaken them, which happened to some of the tariffs Trump wanted to hurl at other governments during his first administration.So those seeming rationales might be primarily justifications to force these tariffs through, and it could be that the tariffs are meant to be negotiating leverage first and foremost, going away as soon as he gets what he wants—whatever that actually is.That said, it's also been speculated that a manman-theory-style false threat that's seen to be a false threat—hardcore, arguably nonsensical tariffs against allies, for instance—may not serve their purpose, because everyone knows they're false. That may mean those on the other end of them, if they hold their ground and are willing to suffer a little, could make it out the other side without giving too much away, the US suffering more, and thus, the president eventually giving up, coming up with justification for shifting to a new strategy but mostly just trying to lower inflation levels he raised, and bring life back to a stock market that he collapsed.Either way, it looks like there's a pretty good chance a lot of established norms and folkways will be trampled over the next few years, possibly with good reason, if you support the ends of this administration, at least, though by some indications maybe because of a fundamental misunderstanding of how economics works at this scale, or maybe for different reasons entirely: part of that larger plan to disrupt and demolish aspects of the US system of governance, making way for replacements that are more to the current administration's liking.Note: after recording this episode, but before it went live, the Chinese tariffs went into effect, but the tariffs against Mexico and Canada (and those countries' counter-tariffs) were paused. More information: https://www.nytimes.com/live/2025/02/04/us/trump-tariffs-news#here-are-the-latest-developmentsShow Noteshttps://www.npr.org/2024/05/06/1248065838/cheap-chinese-evs-us-buy-byd-electric-vehicleshttps://ustr.gov/usmcahttps://www.axios.com/2025/02/01/trump-cfpb-rohit-chopra-firedhttps://www.axios.com/2025/02/02/trump-netanyahu-gaza-ceasefire-hostage-dealhttps://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/https://taxfoundation.org/blog/trump-tariffs-impact-economy/https://www.axios.com/2025/01/03/biden-blocks-us-steel-nippon-japanhttps://truthsocial.com/@realDonaldTrump/posts/113934450227067577https://www.washingtonpost.com/business/2025/01/02/biden-blocks-nippon-us-steel-deal/https://www.axios.com/2025/01/03/nippon-steel-us-steel-sue-bidenhttps://restofworld.org/2024/china-tech-tariffs-which-countries-will-impose/https://www.nytimes.com/live/2025/02/02/us/trump-tariffshttps://www.nytimes.com/2025/02/02/business/trump-tariffs-china.htmlhttps://apnews.com/article/trump-tariffs-trade-china-mexico-canada-inflation-753a09d56cd318f2eb1d2efe3c43b7d4https://www.reuters.com/business/trump-stretches-trade-law-boundaries-with-canada-mexico-china-tariffs-2025-02-02/https://www.theverge.com/news/600334/trump-us-tariffs-imported-semiconductors-chipshttps://www.uschamber.com/international/u-s-chamber-tariffs-are-not-the-answerhttps://www.bbc.com/news/articles/c627nx42xelohttps://www.axios.com/2025/02/01/trump-canada-mexico-tariffshttps://www.bloomberg.com/news/articles/2025-02-02/mexico-pledges-retaliatory-tariffs-against-us-while-calling-for-cooperation?embedded-checkout=truehttps://www.cbsnews.com/news/what-are-tariffs-trump-canada-mexico-what-to-know/https://www.wsj.com/opinion/donald-trump-tariffs-25-percent-mexico-canada-trade-economy-84476fb2https://english.elpais.com/international/2025-02-02/from-cartels-to-terrorists-trump-imposes-a-new-paradigm-on-mexico-in-the-war-on-drugs.htmlhttps://www.theguardian.com/us-news/live/2025/feb/02/canada-mexico-china-donald-trump-trade-tariffs-us-politics-livehttps://budgetlab.yale.edu/research/economic-and-fiscal-effects-trump-administrations-proposed-tarrifshttps://www.nytimes.com/2025/01/31/us/trump-freeze-blocked.htmlhttps://en.wikipedia.org/wiki/2024_United_States_presidential_electionhttps://apnews.com/article/israel-palestinians-hamas-war-news-ceasefire-hostages-02-01-2025-bb560151db1437d0b35ac1d568457a46https://www.axios.com/2025/02/01/trump-moves-missed-plane-crash-deihttps://apnews.com/article/trump-tariffs-dei-federal-workers-plane-crash-733303f2c808834f4cc4b30dfaf308a7https://apnews.com/article/trump-federal-grants-pause-freeze-e5f512ae6f1212f621d5fa9bbec95e08 This is a public episode. 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Explore our C-Suite Outlook 2025 report with key insights from David Young of the Committee for Economic Development (CED).  The US debt stands at more than $36 trillion, and it's no surprise that US CEOs cite the US national debt and deficits as the biggest risk totheir business and business strategy in 2025. What other risks are the C-Suite monitoring, and how can they work with governments to mitigate them?  Join Steve Odland and guest David K. Young, president of the Committee for Economic Development, the public policy center of The Conference Board, to find out how the priorities of US CEOs differ from their global counterparts, what to expect with tariffs and immigration, and why energy and security are essential for US leadership on AI.     (01:04) Fiscal Health Concerns of CEOs (01:44) Regulation and Corporate Tax Rates (05:38) Protectionism and Trade Issues (09:25) Executive Orders and Immigration (13:52) Geopolitical Risks and Global Concerns (15:52) Artificial Intelligence and Digital Transformation (19:34) Energy, Climate, and Sustainability (24:39) Social Priorities and Final Thoughts   For more from The Conference Board:  C-Suite Outlook 2025: Seizing the Future  Committee for Economic Development (CED)  America in Perspective: Policy Priorities for 2025 

Send us a textTrade is all the rage these days. Or, at least, raging about trade is. Today, we unpack what trade and free trade are, and how to talk about it. We also address the abundance of lawyers in trade policy. Douglas Irwin is a professor of economics at Dartmouth College and the author of several books including Clashing Over Commerce and Against the Tide: An Intellectual History of Free Trade.Want to explore more?Douglas Irwin, International Trade Agreements, in the Concise Encyclopedia of EconomicsSamuel Gregg on National Security and Industrial Policy, a Great Antidote podcast.Why Industrial Policy is (Almost) Always a Bad Idea (with Scott Sumner), an EconTalk podcast.Colin Grabow on the Jones Act 2: Treason and Cruises, a Great Antidote podcast.Jon Murphy, Does National Security Justify Tariffs? at Econlib Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Kori joins the goats to discuss the brave new world. (00:30) Initial Reactions to Trump 2.0 (02:40) Immigration Policies and Concerns (16:36) Globalization vs. Protectionism (25:14) The Future of AI and Job Displacement (48:41) The DEI Debate: Balancing Diversity and Meritocracy (59:44) The TikTok Ban Controversy (01:12:10) Elon Musk: A Divisive Figure (01:19:14) Geopolitical Musings: Greenland and Beyond (01:30:35) $TRUMP and $MELANIA (01:35:33) Market and Economic Concerns (01:53:19) 2028 Presidential Election Predictions

When this episode goes live four days from now, Donald Trump will have been sworn in as the 47th president of the United States, after having served as the 45th president from 2017 to 2021.Many countries around the world are closely watching to identify changes in US policy and assess their impact. China is one of those countries. As presidential candidate Donald Trump threatened to impose 60% tariffs on Chinese goods imported into the United States. He also proposed revoking China's Most Favored Nation trading status and banning China from buying US farmland. He pledged to curtail Chinese espionage and theft of intellectual property. On some occasions Trump praised Chinese leader Xi Jinping, and predicted that they would get along very well. In the past few months, Trump and Xi have been in communication through their representatives.What approach will Beijing take toward Trump's presidency this time around? Is China in a stronger or weaker position than it was in during Trump's first term? What is the likely trajectory of US-China relations in the coming four years?To discuss these questions, host Bonnie Glaser is joined by Dr. Evan Medeiros, who is the Penner Family Chair in Asia Studies in the School of Foreign Service and the Cling Family Distinguished Fellow in US-China Studies at Georgetown University. He served seven years in President Obama's NSC first as director for China, Taiwan and Mongolia, and then as Special Assistant to the President and Senior Director for Asia.  Timestamps[00:00] Start[02:00] Lessons Beijing Learned from Trump's First Term [04:11] Perceptions on the Balance of Economic Power [07:30] China's Reaction to American Tariffs[09:39] China Hurting the United States without Hurting Itself[11:48] Starting Anew with the Trump Administration [13:38] An Early US-China Meeting[16:46] An Inverse Bilateral Relationship [18:56] China Helping with the War in Ukraine[25:18] Chinese Use of Force Against Taiwan [29:22] US Alliances Under the Trump Administration[35:00] What worries Evan Medeiros in the US-China relationship? 

Replacing the income tax, protecting American workers, serving as a negotiating tool, reducing the national deficit, reducing national debt, and more. We're told that tariffs are going to do all sorts of great things. Mark Thornton sets the record straight and explains why tariffs are unequivocally a bad thing.Additional Resources"The Goose that Laid the Golden Egg" by Mark Thornton: Mises.org/U4_A"Ludwig von Mises on Trade, Human Development, and Human Progress" by Mark Thornton: Mises.org/U4_B "The Political Economy of Protectionism" by Thomas DiLorenzo: Mises.org/U4_C"Protectionism and Immigration Reform" by Ryan McMaken: Mises.org/U4_D"Protectionism Abroad and Socialism at Home" by Ron Paul: Mises.org/U4_E"Protectionism Is Not the Answer to the Canadian Fur Trade's Problems" by Daniella Bassi: Mises.org/U4_F"Mises on Protectionism and Immigration" by Matthew McCaffrey: Mises.org/U4_G"Herbert Spencer: Protectionism Is Aggressionism" by Gary Galles: Mises.org/U4_H"Protectionism Is Immoral, Unjust, and Corrupt" by James Bovard: Mises.org/U4_I"Review of Peddling Protectionism: Smoot-Hawley and the Great Depression by Douglas A. Irwin" by David Howden (QJAE 18, no. 2 ): Mises.org/U4_J"Protectionism, War and the Southern Tradition" by Lew Rockwell (The Costs of War): Mises.org/U4_K"Protectionism: Origin and Effects" by Thomas DiLorenzo (Mises University 2010): Mises.org/U4_L"Free Trade vs. Protectionism" by Carmen Elena Dorobăț (Mises University 2024): Mises.org/U4_M"Free Trade vs. Protectionism" by Shawn Ritenour (Mises University 2022): Mises.org/U4_N"Free Trade vs. Protectionism" by Lucas M. Engelhardt (Mises University 2023): Mises.org/U4_O"Clarifying Economists Arguments about International Trade" by Bob Murphy (Human Action Podcast): Mises.org/U4_P"Do Trump Tariffs Make Sense" (The Bob Murphy Show): Mises.org/U4_Q"Here's why Trump thinks tariffs are good for the US — and what the experts say" by Aimee Picchi (CBS News): Mises.org/U4_RSubscribe to this monthly podcast at Mises.org/Unanimity.Music: “My Universe” ℗ 2006 Kate Higgins (katehiggins.com). Used with permission.

Why is there so much astounding financial prosperity in so many countries around the world today…yet some countries have relatively little? Well, one huge reason is the great collaborative stewardship of free trade…welcomed by some nations, closed off by others. Yet most folks in a place like America tend to take free trade for granted…or sometimes actually oppose it! And what about the Kingdom and how the Great Commission aligns with free trade principles? Join Kevin as we dive into the topic of the great collaborative stewardship of free trade! // Download this episode's Application & Action questions and PDF transcript at whitestone.org.

AP correspondent Charles de Ledesma reports Europe and UK economies are not re-bounding quick enough, experts say.

When it comes to trade, what does it mean? Ford's been warning leading up to the U.S election. What does it look like for us working with the Trump government? Host Alex Pierson speaks with Flavio Volpe, President of the Automotive Parts Manufacturers' Association.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode, Tom sits down with Stephen Bonnell, also known as Destiny, for a deep dive into the current political landscape and the challenges we face as a society. Bonnell tackles the rampant misinformation in media and its impact on public perception, the political divide exacerbated by social media, and the controversial actions of big political figures such as Donald Trump. Together, they discuss Trump's presidency, exploring his beliefs, policies, and the economic consequences of his decisions. Bonnell also highlights the importance of American values—liberalism, capitalism, and free enterprise—and how they shape our nation. Tom and Stephen don't shy away from the tough topics. They debate the efficacy of economic strategies like tariffs and government subsidies, the role of leadership in fostering or hindering progress, and the complex nature of truth in a highly polarized media environment. From the need for onshoring in defense manufacturing to the feasibility of taxing unrealized gains, this episode covers a wide array of crucial issues. SHOWNOTES 00:00 Focus on strengths, delegate weaknesses for success. 07:09 Good intuition doesn't equal effective advice. 10:25 Foundational moral beliefs guide political applications. 18:34 Autocracies ignore disinformation; democracies require truth. 21:07 Misinformation fuels unfounded beliefs and actions. 29:55 Fear of censorship outweighs misinformation's potential harm. 34:54 Einsteinian physics isn't objective truth; approximations dominate. 38:44 Proving Trump's deceit would change my perspective. 42:21 Mind reading Trump reveals legitimate coup attempt. 49:24 Human mind's architecture limits problem escape. 58:02 Protectionism criticism; strategic unpredictability as tactic. CHECK OUT OUR SPONSORS Range Rover: Explore the Range Rover Sport at  https://landroverUSA.com Huel: Try Huel with 15% OFF today using code IMPACT at https://huel.com/impact. Netsuite: Download the CFO's Guide to AI and Machine Learning for free at https://netsuite.com/theory Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Design.com: Ready to transform your brand? Head to https://design.com/impacttheory and get up to 88% off. Betterhelp: This episode is sponsored by BetterHelp. Give online therapy a try at https://betterhelp.com/impacttheory and get 10% off your first month. FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu What's up, everybody? It's Tom Bilyeu here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu's Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. LISTEN AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory Learn more about your ad choices. Visit megaphone.fm/adchoices

Protectionist measures like tariffs often harm the very firms and people they're supposed to help. Paul Best explains in a new piece in Free Society. Hosted on Acast. See acast.com/privacy for more information.

Commodities sit at the heart of global trade and as such are at the center of the rise of protectionism. After a long period of globalization and ever freer trade, there is a perceptible and growing shift back to mercantilism and protectionism. This is driven by great-power competition with the energy transition being a key driver. Tariffs, sanctions and direct market intervention are ever more commonplace. To discuss this trend, its causes and its impact on our sector is Alex Tuckett, Head of Economics at CRU, the independent commodity analytics, consulting and pricing agency. 

The political zeitgeist is to embrace protectionism, leading some who support free trade to embrace open borders. However, as Murray Rothbard explained, people and societies are complex entities and what may work for trade does not work for open immigration.Original article: Tariffs, Protectionism, and Why Borders Matter

Democrats and Republicans have taken a protectionist turn on trade policy over the past few years. They say it's to protect national security, but that argument doesn't always hold up. Just look at this week's announcement from vice-president Kamala Harris that she doesn't support the purchase of US Steel by Japan's Nippon Steel. The FT's economics editor, Sam Fleming, and Washington bureau chief, James Politi, join this week's Swamp Notes to explain why both parties are leaning into “Made in America”.Mentioned in this podcast:How national security has transformed economic policyJoe Biden set to block Nippon Steel's takeover of US SteelSign up for the FT's Swamp Notes newsletter hereRegister for our live subscriber webinar now at ft.com/uswebinarSwamp Notes is produced by Ethan Plotkin, Sonja Hutson, Lauren Fedor and Marc Filippino. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. Special thanks to Pierre Nicholson. Hosted on Acast. See acast.com/privacy for more information.

PREVIEW: TARIFFS: TRUMP: HARRIS Conversation with Professor Richard Epstein of the Hoover Institution regarding how both major candidates are deceiving themselves, if not the American consumer, on the fact that protectionism raises prices for everyone except the foreign importer Trump and Harris assert is being contained. More later. 1943 Detroit

New polling from the Cato Institute asks Americans to weigh their preferences for Buy American policies against the very real likelihood that protectionism will hit them in their pocketbooks. Scott Lincicome and Emily Ekins detail the results. Hosted on Acast. See acast.com/privacy for more information.

PREVIEW: #PERU: #PRC: #TARIFFS: Conversation with colleague Mary Anastasia O'Grady re: the building of the Chancay deep water port in Peru and the protectionism of both the Trump and Biden policies. More tonight. 1865 Lima, Peru