Why Trump’s trade assault will fail and keep going

Richard Baldwin, a leading Professor of International Economics at IMD, dives deep into the intricacies of Trump's trade policies and their bipartisan reception. He discusses the chaotic nature of recent U.S. tariffs and how emotional motivations have overshadowed sound economic rationale. Baldwin also explores ideas from his book, 'The Great Trade Hack', advocating for a radical overhaul of the global trading system. Finally, he reflects on the diminishing U.S. leadership in trade and the rise of informal coalitions as the world seeks new ways to navigate these turbulent economic waters.