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Bonus: Globalisation can be slowed, but not stopped
Manage episode 487243493 series 3670176
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Donald Trump’s trade policies have put global markets through the mill in recent weeks. But his policies didn’t come from nowhere. Aspects of US protectionism preceded Trump’s second term – and countries across the world have been pushing for greater self-sufficiency for some time. Is this drive for greater self-sufficiency misguided? Is true self-sufficiency even possible? Or might the secret to economic security come from more co-operation, not less? The FT’s senior business writer Andrew Hill sits down with Ben Chu to discuss the findings from his new book: "Exile Economics: What Happens if Globalisation Fails." Chu is the policy and analysis correspondent at BBC Verify and was previously the economics editor of BBC Newsnight.
For further reading:
The old global economic order is dead
Britain’s trade deal with Trump may not be good news for the world
Tariffs are a bet on the free market rather than free trade
The business lessons to draw from Trump’s dealmaking
Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.
Presented by Andrew Hill. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Original music and sound design by Breen Turner. The FT’s acting co-head of audio is Manuela Saragosa.
Read a transcript of this episode on FT.com
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