Bloomberg Talks Nouriel Roubini Talks Tariffs, Dollar, and Global Relations
Apr 25, 2025
Nouriel Roubini, Chair and CEO of Roubini Macro Associates, shares his deep insights on the dynamics of global economics. He discusses the enduring nature of U.S. exceptionalism, despite challenges posed by trade and immigration policies. The conversation ventures into how technological advancements, especially in AI, are set to boost U.S. productivity. Roubini also explores the competitive rivalry between the U.S. and China in tech innovation, alongside the divided global economic landscape affecting trade agreements.
AI Snips
Chapters
Transcript
Episode notes
Tech Growth Outweighs Trade Hits
- The U.S. will see a major growth boost from AI and advanced technologies across industries.
- Technology advances will outweigh negative impacts from tariffs and restricted migration by a large margin.
Dollar’s Strength Amidst Concerns
- Despite some concerns, the U.S. dollar's role as a global reserve currency will remain strong.
- Massive capital inflows from a U.S. investment boom will support the dollar's value gradually if it weakens.
First-Mover Advantage Secures U.S. Lead
- The U.S. leads in 12 future-focused industries with a strong first-mover advantage over China.
- Exponential technology growth ensures the U.S. stays number one, China second, and others follow by adoption.