The Rachman Review

Harold James, a Princeton University history professor and author of 'Seven Crashes,' delves into the ramifications of Donald Trump’s tariffs on global trade. He draws parallels to the Smoot-Hawley Tariff Act and discusses how protectionism could reshape U.S.-China relations. The conversation touches on the future of economic globalization, the risks to the U.S. dollar's reserve status, and the potential for financial crises. James also highlights the contrasting economic prospects in Europe, especially among Eastern European nations, amid these shifts.

Jörg Wuttke, a seasoned German businessman and President of the European Chamber of Commerce, shares his deep insights into the dynamics of US-China relations. He discusses China's evolution from a backwater to a superpower, the challenges posed by US sanctions on its tech firms, and Europe's role as a trading partner. Wuttke also explores the precarious situation surrounding Taiwan, the implications of demographic changes in China, and the contrasting political landscapes of China and America under Xi and Trump.

Catherine Belton, an award-winning journalist for the Washington Post, and Arkady Ostrovsky, a prominent author for The Economist, delve into Vladimir Putin’s ambitions. They explore his quest to re-establish Russia as a global superpower, reflecting on the costs involved. The duo examines his rise from obscurity to dominance, the shift in his relationship with the West, and the complex dynamics between him and Donald Trump. Their insights shed light on the psychological motivations behind strongman leadership in today’s geopolitics.

Thirty years ago Mexico made a fateful decision to open its economy and engage with the US. Now that decision is being tested by Donald Trump’s tariff threat. Gideon talks to Mexican economist Luis de la Calle about the impact this could have on his country's economy and that of the US. Clips: ABC News; Claudia Sheinbaum PardoFree links to read more on this topic:How Trump could destroy his own political movementHalf of Mexico’s exports to US risk steep tariffsMexico’s Claudia Sheinbaum is riding high on Donald Trump’s trade warChina delays approval of BYD’s Mexico plant amid fears tech could leak to USSubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.Follow Gideon on X @gideonrachmanRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Arancha González Laya, Dean of the Paris School of International Affairs and former Spanish foreign minister, delves into Europe's defense challenges amid shifting global dynamics. She highlights how Germany is pivotal in shaping Europe's military response, particularly towards Russia. The conversation explores the impact of U.S. tariffs and stresses the need for a cohesive European strategy against emerging threats. González Laya also emphasizes the importance of democratic decision-making and the long-term sustainability of Europe's economic approach.

Canada’s Liberal party will elect a new leader this weekend and Chrystia Freeland is running to replace Justin Trudeau as prime minister. Donald Trump’s belligerence towards his northern neighbour seems to have restored the party’s popularity ahead of a general election this year. Chrystia tells host Gideon Rachman that Canadians are sticking together and that they have some strong cards to play.Follow Gideon on X @gideonrachman or Bluesky @gideonrachman.bsky.social.Gideon Rachman is the chief foreign affairs commentator at the Financial Times. You can find his column here. Want more? Free links:Donald Trump’s tariffs loom suddenly through the fog of trade warEurope has bought Zelenskyy some timeDonald Trump warns tariffs will cause ‘a little disturbance’ in defiant speechPresented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen TurnerRead a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Lesia Vasylenko, a member of the Ukrainian parliament, shares her insights on the political hurdles Ukraine faces amidst the ongoing war. Oleksandr Chomyuk, director of Drone Space Labs, discusses the game's drastic evolution through drone warfare and its implications on conflict strategy. They explore the shifting American perspectives under Trump's presidency, challenges of holding elections during martial law, and Ukraine's fight for independence as international support becomes increasingly vital.

In this discussion, Mathias Döpfner, Chairman and CEO of Axel Springer, delves into the precarious state of the transatlantic alliance. He reflects on JD Vance's provocative Munich speech and how Trump's stance towards Russia and Ukraine could create a pivotal shift. The dialogue emphasizes the rising influence of Germany's far-right AfD party and its implications on democracy. Döpfner also shares insights on the challenges facing media amidst political tensions and the need for Europe to bolster its own strength to ensure a healthy partnership with the U.S.

Daniel Drezner, a Tufts University professor specializing in international politics, delves into the unraveling trust in American leadership under Trump. He discusses the complexities of Trump's tariffs, revealing their contradictory objectives and potential global fallout. The conversation highlights Europe's strategic dilemma with China amidst diminishing U.S. credibility and the erosion of transatlantic ties. Drezner also warns about the volatile political landscape in the U.S., predicting challenges leading up to 2027 as public sentiment continues to shift.

Gideon talks with Andrew England, the Financial Times' Middle East editor, who critiques Trump's controversial Gaza takeover proposal. They discuss the historical and legal implications of forcibly resettling Gazans, emphasizing the complex dynamics of the Israeli-Palestinian conflict. Additionally, Iraqi President Abdul Latif Rashid shares insights on Iraq's recovery journey, highlighting its strides toward stability and renewed international relationships while navigating regional challenges. The conversation sheds light on the humanitarian crisis in Gaza and the calls for international intervention.