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06/12/2024

How damaging will Donald Trump鈥檚 tariff plans be to the global economy? China, Mexico and Canada are the USA鈥檚 three biggest trading partners, and they鈥檙e all in the sights of the US president-elect.

How damaging will Donald Trump鈥檚 tariff plans be to the global economy? China, Mexico and Canada are the USA鈥檚 three biggest trading partners, and they鈥檙e all in the sights of the US president-elect. Former chief economist at the International Monetary Fund, Maurice Obstfeld, explains to Ben that more tariffs will push prices up for consumers and hurt companies that want to sell into the US. Ben Thompson also hears why China is in a weaker position to negotiate than during Mr Trump鈥檚 first trade war, from president of the American Chamber of Commerce in China, Michael Hart. Plus, Tate & Lyle CEO Nick Hampton tells Ben how his company is using science to turn its back on sugar but keep our food tasting good.

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30 minutes

Last on

Wed 11 Dec 2024 08:30

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