July 9 marked the end of President Trump’s 90-day pause on his so-called reciprocal tariffs. Now that deadline has passed … what has actually changed? The FT’s senior trade writer Alan Beattie discusses with former trade negotiator Dmitry Grozoubinski, author of ‘Why Politicians Lie About Trade’. Dmitry explains why Trump’s tariff threats are as ineffective as they are unusual, how countries are approaching his ‘vibes-based’ trade policy, and what Dmitry would advise if he was negotiating with the US now.

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Trump’s tariff shambles is a helpful warning to the world: https://www.ft.com/content/d7509e0a-3348-4150-9633-3e996d836d7c

Donald Trump threatens new tariffs on Canada:

https://www.ft.com/content/18a007c2-b945-4c6e-8f1d-d10e094f8c6d

Alan Beattie is the FT's senior trade writer. He writes the Trade Secrets newsletter every Monday.

Read Alan’s columns here: https://www.ft.com/alan-beattie

Sign up to the Trade Secrets newsletter here.

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Presented by Alan Beattie. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT’s acting co-head of audio. Original music and sound design by Breen Turner. Mix by Sam Giovinco.

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In the sixth of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman tackle a selection of questions, and even some criticisms, sent in by their audience.

Listen to Paul Krugman’s cultural coda, Carole King’s It's too late, here

Listen to Martin Wolf’s cultural coda, Va Pensiero from Verdi’s Nabucco, here

Subscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Episodes are also available on the FT’s YouTube channel.

Read Martin’s FT column here

Subscribe to Paul’s substack here

The Wolf-Krugman Exchange was produced by Sandra Kanthal and Mischa Frankl-Duval, and the broadcast engineer was Andrew Georgiades. The sound engineer was Breen Turner. Manuela Saragosa is the FT’s acting co-head of audio.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

In the fifth of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman discuss the way American politics is crashing against both the guardrails of a stable, democratic system and the rules and norms of the postwar economic order and how this could jeopardise the importance of the US on the world stage.

Paul Krugman’s Cultural Coda:

Stephen Sondheim: "We had a good thing going"

https://www.youtube.com/watch?v=NTbrbiM-slg&list=RDNTbrbiM-slg&start_radio=1

Martin Wolf’s Cultural Coda:

Jonas Kaufmann: Freiheit from Beethoven’s Fidelio

https://www.youtube.com/watch?v=GvfhmGsFMEo

Subscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Episodes are also available on the FT’s YouTube channel.

If you’d like to get in touch and ask Martin and Paul a question, please email economics.show@ft.com

Read Martin’s FT column here

Subscribe to Paul’s substack here

The Wolf-Krugman Exchange is produced by Sandra Kanthal. The broadcast engineer was Rod Fitzgerald. The sound engineer is Breen Turner. Manuela Saragosa is the FT’s acting co-head of audio.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.