2025-02-25
36 分钟Donald Trump and his team of trade advisors are approaching a 21st century problem with 20th century solutions.
Those scornful words were penned by my guest today in an article he wrote in 2017.
He was complaining about the US president's penchant
for imposing tariffs on America's trade partners during his first term in office.
If that's what he thought back then,
I cannot wait to hear what he makes of the newly reinaugurated president's latest round of import levies,
not least
because he's one of the world's most formidable and most eloquent and knowledgeable experts on international trade and globalization.
But what will be left of either trade or globalization will be after four more years of Donald Trump.
This is the Economics Show.
I'm Martin Wolff, the FT's chief economics commentator.
Joining me is Richard E. Baldwin, down the line from Lausanne in Switzerland,
where he's professor of international economics at the IMD Business School.
Richard is also the founder and editor in chief of Vox eu,
which is a highly prestigious platform where leading European economists share policy analysis.
And all this despite being an American.
Richard, welcome to the show.
Happy to be here.
Thank you, Martin.
Now, before we begin,