Why Optimistic Economists are Getting Trump’s Tariffs All Wrong with Abhijit Das
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Why Optimistic Economists are Getting Trump’s Tariffs All Wrong with Abhijit Das
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In this episode, author and journalist Puja Mehra speaks to trade policy expert Abhijit Das. President Donald Trump's Liberation Day, as Trump calls it, is a serious blow to the rules-based global trade order that the US had led as a champion of free trade for 80 years. This trading system was biassed against developing countries like India and in favour of developed countries, but the rise of low-cost manufacturing in China has meant that the US no longer dominates the world economy. At the core of Trump's blow to the trading system is the US' frustration over unequal market access. What are the implications for India? Is the old world trade order lost forever? What should replace it? Tune in for insights into the current state of Trump's trade war.
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