Philip Coggan on trade wars, globalisation and economic Common Sense

Cricket, globalisation, Trump's tariff tantrums, quirks of the English language, jargons and philosophy. This podcast covers some ground as award winning journalist Philip Coggan joins us to talk about his book, "The Economic Consequences of Mr Trump". He explains why tariffs are essentially taxes on imports that often raise costs for domestic producers, fail to meaningfully reduce trade deficits and can even slow growth and job creation. We live in an increasingly connected world. Our laptops and phones have components from various countries which makes these things efficient and affordable. The conversation also veers into the English language itself where it can do away with financial jargons or tautologies like "safe haven". Philip also talks about the art of storytelling and why he enjoys writing.