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Economist Podcasts

Money talks: Tariffic!

Economist Podcasts

The Economist

News & Politics, News

4.44.9K Ratings

🗓️ 18 September 2018

⏱️ 20 minutes

🧾️ Download transcript

Summary

More Trump tariffs, how is China likely to retaliate? Historian Lord Skidelsky challenges mainstream economic ideas. And the hopes and hurdles for South Korean businesses eyeing up opportunities in North Korea. Philip Coggan hosts

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

Transcript

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0:00.0

Financial markets are more complex than ever.

0:03.0

That's why Goldman Sachs is harnessing the power of its global analysis to break down the key factors driving the markets and the economy each week.

0:11.0

We'll be speaking with Goldman Sachs' team of global economists, financial analysts, and investors to help you prepare for the week ahead.

0:19.0

Join us every Friday for just 10 minutes or less.

0:22.0

Listen to the markets. Your go-to source for unmissable financial insights.

0:31.0

Financial markets are more complex than ever.

0:34.0

That's why Goldman Sachs is breaking down the key factors driving the economy each week.

0:39.0

Join us every Friday for just 10 minutes or less.

0:42.0

Listen to the markets. A new series from the Goldman Sachs exchanges podcast.

0:52.0

Hello, I'm Philip Coggan, author of the Balto B. Column here at the Economist.

0:57.0

Welcome to Money Talks, coming up on the programme.

1:00.0

Crumps, latest Chinese trade tariffs.

1:03.0

Have they really put the US in a strong bargaining position?

1:06.0

Leading historian, Lord Roberts Skydelsky, on the future of the economy.

1:11.0

Most economists now accept that the stimulus stopped the slide into another great depression, but the point is it was then abandoned.

1:20.0

And the hopes and hurdles for closer business relationships between North and South Korea.

1:25.0

The first hurdle, obviously, that everybody has is the fact that it's still under sanctions by the United Nations and also additional sanctions by America.

1:33.0

First, a brand new Trump tax has been announced.

1:37.0

President Trump is imposing a new round of tariffs targeting around $200 billion worth of Chinese imports.

1:44.0

Yesterday in a tweet, he said that tariffs have put the US in a very strong bargaining position, with billions of dollars and jobs flowing into our country.

1:54.0

And yet, cost increases have thus far been almost unnoticeable.

1:58.0

If countries will not make fair deals with us, they will be tariffed.

...

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