Best of the Spectator Coffee House Shots: Tariff turmoil – the end of globalisation or a blip in history?
7 snips
Apr 12, 2025 
In this insightful discussion, Tej Parikh, a writer from the Financial Times, and Kate Andrews, The Spectator's US Deputy Editor, tackle the contentious state of globalization amidst recent tariff announcements. They delve into the historical context of protectionism and argue that globalization isn't dead yet. The conversation also highlights how shifting from goods to services is reshaping global trade dynamics. Both guests emphasize the need for policy reform to adapt to economic changes and address concerns over job losses caused by recent trade policies.
AI Snips
Chapters
Transcript
Episode notes
Globalization's Resilience
- Globalization's obituary has been written prematurely.
- Tej Parikh argues that protectionism eventually fades as economic imperatives prevail.
The Rise of Services
- Goods still hold economic importance, but services, especially digital ones, are growing faster.
- This shift in consumption patterns is observable globally as countries develop.
Trump's Tariff Pivot
- Trump's recent tariff pivot suggests a willingness to negotiate, unlike his initial stance.
- This raises questions about the tariffs' true purpose, as his earlier use seemed negotiation-driven.