Donald Trump is imposing tariffs and unequal treaties on longtime allies in Europe, Japan, and South Korea, forcing them to pay and move their factories to the US. Meanwhile, BRICS and the Shanghai Cooperation Organization (SCO) are building a new multipolar world order based on mutually beneficial trade and investment. Ben Norton is joined by economist Michael Hudson to discuss.

VIDEO: https://www.youtube.com/watch?v=wpYgXMkzWc8

Read Michael's article on Trump's attacks on Europe, Korea, and Japan: https://www.geopoliticaleconomy.report/p/michael-hudson-trump-europe-korea-japan

You can support Michael on Patreon at https://Patreon.com/MichaelHudson

Topics

0:00 Trump attacks US allies

0:35 Exploitative US deal imposed on Japan

3:04 ICE detains South Korean workers

5:46 Trump to abolish Education Department

6:29 Angering US allies

7:19 US trade deal imposed on Europe

8:37 BRICS & SCO build multipolar order

10:20 Intro to Michael Hudson

10:46 Highlights of Michael Hudson

13:58 Interview starts

15:03 The BRICS alternative

18:54 US strategy of economic colonialism

26:01 Europe

33:06 India and Eurasia

35:15 Trump's tariff trap

37:28 Energy

41:03 Backlash in Europe

43:43 EU did not negotiate

46:48 European capital flows into US

49:40 BRICS sells US Treasuries

53:24 South Korea

56:59 Attacks on immigrants

1:05:37 Class politics

1:11:13 Japan

1:20:08 Latin America

1:21:48 Middle East (West Asia)

1:22:41 Dedollarization

1:24:18 Outro