How the US-China trade war will do 'enormous damage' to the world

In a dramatic twist, President Trump announced an abrupt reversal of the tariff policy that had spooked the markets and threatened to upend world trade. While many trading partners have been given a temporary reprieve, Washington’s tit for tat with Beijing has reached new heights. Where does it leave the credibility of the Trump administration? Host Anne McElvoy talks to Jason Furman, former U.S. President Barack Obama’s top economic adviser and chair of his Council of Economic Advisers. He’s currently the Aetna Professor of the Practice of Economic Policy jointly at Harvard Kennedy School and the Department of Economics at Harvard University. She's also joined by Nahal Toosi, POLITICO’s senior foreign affairs correspondent, who has been closely following the machinations of Trump’s new tariff regime. Learn more about your ad choices. Visit megaphone.fm/adchoices

You can listen to How the US-China trade war will do 'enormous damage' to the world online on Radio and Podcast. Open the player on this page to stream the available audio.

How the US-China trade war will do 'enormous damage' to the world is an episode from Global Insider by POLITICO.

This episode is 20:40 long.

This episode was published on Apr 10, 2025.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Global Insider when more episodes are available from the podcast feed.