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26min chapter
Tariffs & Q2 Growth Shock | Trade Maven Brad Setser on Trump’s Tariff Warpath, China’s Balance of Payments, and “Self-Induced Recession” Probabilities
Monetary Matters with Jack Farley
Dynamics of US Corporate Profits and Trade Policy
This chapter analyzes the intricate connections between high corporate profits in the US and the nation's trade account deficits. It discusses how multinational companies impact GDP and wealth distribution while examining the effects of tariffs and trade policies on the economy. The dialogue underscores the balance between economic growth and the challenges of trade negotiations, particularly in relation to past and current tariff strategies.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode