Economist Chris Watling on Trump’s Volte Face and What it Means

After a turbulent week when global markets were battered by Donald Trump’s announcement of high tariffs on the world, there came a sudden reprieve: Trump announced a 90 day pause..on all countries except China. The bourses bounced back in record rallies, even as US and China slapped 125% tariffs on each others’ imports.It’s a trade war between two of the strongest economies of the world, a three month relief for the rest of the world.What made Donald Trump pull back? Is it a temporary relief? Will he make good on his tariff threats on other countries if the deals with them don’t fructify? What happens to smaller nations? Is the market bounceback sustainable? How will the Federal Reserve React? And are fears of a US recession allayed for now?Host Anirban Chowdhury and Chris Watling, founder of Longview Economics talk about these and many other questions Tune inSee omnystudio.com/listener for privacy information.