Donald Trump has given the world an insight into what the economic vision for his second term might be, and it can be summarised in what he calls the “most beautiful word": tariffs.

The president-elect says he will introduce 25% tariffs on goods coming from Canada and Mexico on day one of his presidency, and add an extra 10% on goods coming from China. Mexico and China have baulked at Trump's proposals, but are they a disguised bargaining chip on drugs and border policy?

Justin, Marianna and Anthony convene to discuss, and are joined by a former senior economist at the White House during the Bush and Obama administrations to sort the fact from the fiction.

HOSTS:

• Justin Webb, Radio 4 presenter

GUEST:

• Wendy Edelberg, Director of The Hamilton Project

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This episode was made by George Dabby with Claire Betzer and Rufus Gray. The technical producer was Michael Regaard. The series producer is Purvee Pattni. The senior news editor is Sam Bonham.

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