US President Donald Trump's announcement of US tariffs on steel and aluminium imports has sparked fear of a global trade war: a trade war in which the United States' trading partners in turn add tariffs to products imported from the US into their own countries. Trump's embracing and enthusiasm of a possible trade war has sparked fear in global markets of a tariff war that risk recent global gains in economic growth.
Why is Trump actively embracing tariffs? What has been learnt from previous tariff and trade wars? Dr Keith Suter looks at this history, Trump's present day circumstances and motivations, and the different points of view on tariffs and trade - globalism vs rationalism vs nationalism. What could happen from here: is a global trade war likely?
Find PodcastOne Australia on Facebook: https://www.facebook.com/podcastoneau/
Follow PodcastOne Australia on Instagram: https://www.instagram.com/podcastoneau/
Follow PodcastOne Australia on Twitter: https://twitter.com/podcastoneau
Download the PodcastOne app from the Apple and Google Play app stores