Trump wages economic war on US allies, while BRICS builds alternative system

Donald Trump is imposing tariffs and unequal treaties on longtime allies in Europe, Japan, and South Korea, forcing them to pay and move their factories to the US. Meanwhile, BRICS and the Shanghai Cooperation Organization (SCO) are building a new multipolar world order based on mutually beneficial trade and investment. Ben Norton is joined by economist Michael Hudson to discuss. VIDEO: https://www.youtube.com/watch?v=wpYgXMkzWc8 Read Michael's article on Trump's attacks on Europe, Korea, and Japan: https://www.geopoliticaleconomy.report/p/michael-hudson-trump-europe-korea-japan You can support Michael on Patreon at https://Patreon.com/MichaelHudson Topics 0:00 Trump attacks US allies 0:35 Exploitative US deal imposed on Japan 3:04 ICE detains South Korean workers 5:46 Trump to abolish Education Department 6:29 Angering US allies 7:19 US trade deal imposed on Europe 8:37 BRICS & SCO build multipolar order 10:20 Intro to Michael Hudson 10:46 Highlights of Michael Hudson 13:58 Interview starts 15:03 The BRICS alternative 18:54 US strategy of economic colonialism 26:01 Europe 33:06 India and Eurasia 35:15 Trump's tariff trap 37:28 Energy 41:03 Backlash in Europe 43:43 EU did not negotiate 46:48 European capital flows into US 49:40 BRICS sells US Treasuries 53:24 South Korea 56:59 Attacks on immigrants 1:05:37 Class politics 1:11:13 Japan 1:20:08 Latin America 1:21:48 Middle East (West Asia) 1:22:41 Dedollarization 1:24:18 Outro