Trump's tariff capitulation

In a hundred years time will China offshore its manufacturing to poorer countries? Not if it has any sense. Today Trump's great retreat from the tariff war began in earnest as some cold economic realities have begun to bite, but what is the historical long view here? This episode explores how offshoring and America's weakening dollar supremacy, combined with the ownership of nearly $2 trillion of debt by China and Japan place America in an economic position it has never experienced in its nearly 250 year existence. The Chinese Century arrived and it started this year. *****STOP PRESS***** I only ever talk about history on this podcast but I also have another life, yes, that of aspirant fantasy author and if that's your thing you can get a copy of my debut novel The Blood of Tharta, right here: Help the podcast to continue bringing you history each week If you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways: If you want to go ad-free, you can take out a membership here Or You can support the podcast via Patreon here Or you can just say some nice things about it here Explaining History helps you understand the 20th Century through critical conversations and expert interviews. We connect the past to the present. If you enjoy the show, please subscribe and share. ▸ Support the Show & Get Exclusive Content Become a Patron: patreon.com/explaininghistory ▸ Join the Community & Continue the Conversation Facebook Group: facebook.com/groups/ExplainingHistoryPodcast Substack: theexplaininghistorypodcast.substack.com ▸ Read Articles & Go Deeper Website: explaininghistory.org Hosted on Acast. See acast.com/privacy for more information.