Are Trump’s Tariffs Justified? A Look at Industrial Policy With Dani Rodrik
Tariffs have long been a key tool in industrial policy. From boosting nascent industries in East Asian economies last century to accelerating the energy transition in the EU today, their impact on global trade is undeniable. But are Donald Trump’s escalating tariffs – threats of a 25% tax hike on goods from Canada and Mexico, along with a 10% increase on all Chinese imports – driven by a coherent policy strategy? And should other nations retaliate?
In this episode of the Financial Times’ podcast, European economics commentator Martin Sandbu delves into these complex questions with Dani Rodrik, a leading expert in international political economy at Harvard University. Rodrik, a renowned scholar and long-time acquaintance of Martin, offers his insights on the historical context, economic implications, and potential ramifications of Trump’s protectionist measures.
Join Martin and Dani as they explore the nuanced world of industrial policy and unpack whether Trump’s tariffs are justified in the global economic landscape.
About the Podcast:
Presented by Martin Sandbu.
- Produced by Laurence Knight and Edith Rousselot
- Executive Producer: Manuela Saragosa
- Audio mix and original music by Breen Turner
- Head of Audio: Cheryl Brumley
Want to read more from Martin Sandbu? Find his regular column in the Financial Times here.
View our accessibility guide. here
The post Making sense of Trump’s tariffs. appeared first on Archynewsy.