Trade Wars and Tariff Threats

Milton Ezrati joins Seth Barron to discuss President Trump's talk of tariffs, China's vulnerability in a potential trade war with the United States, and the history of the global trade order. A tumultuous recent meeting of the G7 nations, trade disputes with Canada, and tariff threats against China all point to a shakeup of world trade. While the global economy would likely suffer in a trade war, Ezrati argues that the U.S. actually has the upper hand in trade negotiations with Beijing. Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. His latest book is Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.