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Podcast: Plain English with Derek Thompson
Episode: Trump’s Trade War Is Like Nothing America’s Ever Seen
Description: Donald Trump's tariff plan has set global markets on fire. What are they for? What are they trying to accomplish?Fresh off his black-out-rage session on CNBC, Derek talks to Matthew Klein, the author of ‘The Overshoot’ newsletter and coauthor with economist Michael Pettis of the widely acclaimed economics book ‘Trade Wars Are Class Wars.’ We talk about the Trump tariffs, their place in history, the goal of reindustrialization, and why our problem with China is a malady worth solving—even if Trump’s medicine is just making us sicker.If you have...