The Munk Debates Podcast

Friday Focus: America and China's trade war is destabilizing the global economy

Apr 11, 2025
The podcast delves into the escalating trade war between America and China, highlighting its destabilizing effects on the global economy. It discusses the rising tariffs and the psychological motivations behind leadership decisions. The transformation of China’s manufacturing sector is explored, along with its challenges for global markets. The conversation touches on the relationship between trade, technology, and job losses in the U.S., warning against rising populism and the complexities of malinvestment in global dynamics.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Escalating Trade War

  • The escalating trade war between the US and China is destabilizing the global economy.
  • Both countries are forced down a dangerous path due to the magnitude and pace of the dispute.
INSIGHT

Trump's Flip-Flopping

  • Trump's flip-flopping on tariffs signals weakness to China.
  • Xi Jinping likely interprets this as a pressure point and has less incentive to concede.
INSIGHT

High-Tech Competition

  • China's increasing high-tech manufacturing prowess presents a real competition to the US.
  • This competition goes beyond just the trade imbalance, encompassing sophisticated technologies like EVs and AI.
Get the Snipd Podcast app to discover more snips from this episode
Get the app