Why Tariffs Won’t Fix America’s Problems
On Trumponomics, author Richard Baldwin warns that Donald Trump’s trade war won’t accomplish its stated goals—and that the world may simply move on.
Chinese President Xi Jinping, left, and European Commission President Ursula von der Leyen meeting in Paris last year.
Photographer: Nathan Laine/BloombergSubscribe to Trumponomics on Apple Podcasts
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Framed as a tool to protect American workers, rebalance trade and revive the nation’s domestic industry, the tariffs levied by Donald Trump came with a promise of bold results. On this episode of Trumponomics, Richard Baldwin, professor of international economics at IMD Business School, says the trade war is unlikely to accomplish its stated goals and that the world may very well leave America behind.