Tariff Turbulence: The Trade Policy Impact

On Donald Trump’s hundredth day in office—the day we taped this podcast—he was historically unpopular, driving the country into recession, and responding to the loss of confidence in his administration by escalating his authoritarian threats against the public.

In this special episode, Paul Krugman joins Brian to discuss:

* What Trump has done to the U.S. economy in just the past 100 days.

* Why it’s too late for him to fix some of the mistakes he made without subjecting Americans to real economic hardships in the coming weeks.

* How his own faithless, erratic conduct will make recovery difficult (for the economy and his polling) even if he ends his trade war.

Then, behind the paywall, how can future leaders attempt to undo the damage Trump has done? What will the country look like after 1300ish more days of this? Are economic forecasters underrating the risk of recession to hedge their bets? Would further inroads toward dictatorship deepen the economic crisis as well as the crisis of democracy and human rights? And what does it say about the direness of our circumstances that major upheaval, like impeachment and removal, would likely help restore global economic confidence in the U.S.

All that, plus the full Politix archive are available to paid subscribers—just upgrade your subscription and pipe full episodes directly to your favorite podcast app via your own private feed.

Further reading:

* Krugman asks, Did Peter Navarro save democracy?

* Brian argues that though Trump is wreaking economic havoc, the rising against him isn’t class war as commonly understood on the left.

* Matt argues hoping Trump implodes is not enough, and Democrats need a plan to actually win back the Senate.