In a recent episode of Odd Lots, we discussed the implications of the Trump administration’s tariff policies with Brad Setser from the Council on Foreign Relations. Brad highlights the significant imbalances in global trade, particularly between the US and China. Instead of forming alliances to counter Chinese influence, the US has opted for unilateral tariffs, affecting both allies and adversaries. This approach raises concerns about potential economic damage and prompts questions about any possible positive outcomes.
— new from Bloomberg.com
