How Trump’s tariffs are changing the rules of global trade

The Take

2025/04/07

Overview Shownote Highlights Transcript Chapters Pins

Shownote

United States President Donald Trump has initiated sweeping tariffs against even some of his country’s closest allies. It has caused alarm from analysts, consumers and trading partners. But who will be the biggest loser of Trump’s trade war? In this episo...

Highlights

A new wave of tariffs launched by former President Donald Trump has sent shockwaves through the global trading system, challenging long-standing economic alliances and prompting urgent responses worldwide. This move marks a dramatic departure from decades of free trade policy, raising fundamental questions about who stands to lose the most in an escalating trade conflict.

06:07

Tariffs are regressive—past trade policy focused on lowering barriers to reduce prices and drive innovation.

15:30

Most Asian countries except China want to negotiate with the Trump administration.

15:35

U.S. trade war is a self-inflicted wound that pushes allies toward China

18:42

Trade war causes self-inflicted economic harm during global crises

Chapters

How Did Trump's Tariffs Upend the Global Trading Order?