April 1, 2025 - Michael Martin | Matthew Klein | Michael John Williams
Background Briefing with Ian Masters
Ian Masters
4.7 • 622 Ratings
🗓️ 1 April 2025
⏱️ 63 minutes
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| 0:00.0 | Hello and welcome to Background Briefing, available 24-7 at Background Briefing.org. I'm Ian Masters, |
| 0:18.0 | and today we look into a number of stories and issues in the news. |
| 0:24.3 | We'll begin with the shameful reality that thanks to Elon Musk, |
| 0:29.2 | the U.S. is not sending humanitarian aid to Myanmar following a deadly earthquake that devastated the country's second largest city, Mandalay, |
| 0:32.8 | because USAID has been gutted and now only has 15 employees left. |
| 0:40.2 | Joining us is Michael Martin, who has had a career of more than 30 years focusing on political |
| 0:46.4 | and economic developments in Asia, especially in Hong Kong, Vietnam, and Burma, Myanmar. |
| 0:51.9 | He has taught economics at Colby College, Deshisha University, Hong Kong Baptist University and Tufts University. |
| 0:59.0 | And from 1994 to 1998, he was an assistant chief economist for the Hong Kong Trade Development Council. |
| 1:05.0 | And from 2006 to 2021, he was a specialist in Asian Affairs at the Congressional Research Service, |
| 1:12.8 | keeping the United States Congress informed about the situations in Hong Kong, Vietnam, and Burma. |
| 1:19.5 | Then we will discuss Trump's declaration that tomorrow will be Liberation Day |
| 1:23.8 | when he will impose additional tariffs on top of the 25% tariffs on automobiles and parts from |
| 1:30.4 | Europe, South Korea and Japan. |
| 1:33.1 | Already the Europeans have said these tariffs will be met with a strong plan to retaliate, |
| 1:38.3 | while China, South Korea and Japan are being driven together by Trump's stupidity to make plans for their own free trade agreement. |
| 1:46.8 | Joining us is Matthew Klein, the founder and publisher of the Overshoot, a research service focused |
| 1:53.2 | on the global economy, financial markets and public policy. He was previously the economics |
| 1:58.2 | commentator at Barron's and has also written for the Financial Times, Bloomberg View and The Economist. |
| 2:04.6 | He's the co-author of Trade Wars, Our Class Wars, Our Rising Inequality Distorts the Global Economy and Threatens International Peace. |
| 2:12.4 | And we'll discuss his recent article at Politico, Trump's tariffs may not do what he thinks. |
| 2:19.6 | Then finally, as Trump and Vance insult and abandon Europe and NATO, we'll examine plans |
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