A new age of global economic competition?

Last week President Trump’s announcement of global tariffs on both allies and adversaries went beyond most predictions, and we’ve seen experts talk about a US declaration of economic war on the world, while others warn of economic havoc, recession, and fears of a sharp global economic slowdown. Matthew Goodman, the director of the Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations, joins Thanos Davelis as we look into the message these tariffs - which have been called the biggest break in America’s trade policy in over a century - send around the world.You can read the articles we discuss on our podcast here:Trump’s Tariffs Are Latest Sign of His Second-Term Appetite for RiskPresident Trump’s mindless tariffs will cause economic havocMarkets Swing Wildly as Trump Holds His Ground on Tariff PlanIMF praises Greek economy’s momentum, warns of inflation risksEU says it prefers negotiations, but proposes first tariffs on US importsEurope Gears Up to Make Its First Countermove to Trump Tariffs