Trade Wars Return: What Trump's Tariffs Mean for the World

Donald Trump is threatening 25% tariffs on allies - from Canada to Europe. The Bank of England has halved its growth forecasts. And the government is pushing nuclear power forward. We break down what this all means and why it matters.
In this episode of the IEA podcast, Director of Communications Callum Price is joined by Editorial Director Kristian Niemietz and Executive Director Tom Clougherty.
Kristian Niemietz explains why Trump's protectionist instincts could damage global trade and make everyone poorer. Then we dive into the UK's productivity crisis with Executive Director Tom Clougherty, exploring why output per worker is falling. Finally, we look at nuclear energy - why has it gotten more expensive over time, and what can be done to fix it?
From trade wars to energy policy, we cut through the noise to explain the week's big economic stories and what they mean for our prosperity and freedom. Join us for a deep dive into the policies shaping our world.
We bring you a current affairs podcast with a difference. We want to get beyond the headlines and instead focus on the big ideas and foundational principles that matter to classical liberals.

[@danelias8658]

Yes, I agree with the theory of free trade between nations, however every nation has some sort of tariff or trade restrictions. Why aren't we talking about the EU dropping all tariffs too? China?

[@Phillip_Reese]

True, it's the beginning. Not sure about the end. The guy talked about big blocks, EU, China, USA...and we, so little, no sense to recreate the Empire, but Trump wants it.

[@rmbanfield1]

Regarding Trump's tarif 'wins' over border securiy. I think you will find that both theses increases had alreadybeen agreed justbefore he took office. Really He has backed down because of the retalatory tarrifs and the costs to Americans. Not so strong ?