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 Risk

President Trump’s mindless tariffs will cause economic havoc

Markets Swing Wildly as Trump Holds His Ground on Tariff Plan

IMF praises Greek economy’s momentum, warns of inflation risks

EU says it prefers negotiations, but proposes first tariffs on US imports

Europe Gears Up to Make Its First Countermove to Trump Tariffs