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Money Talks from The Economist

Money Talks: Trade 301

Money Talks from The Economist

The Economist

News, Business, Economy, Finance & Economics, Business News

4.41.2K Ratings

🗓️ 10 April 2018

⏱️ 15 minutes

🧾️ Download transcript

Summary

President Trump’s proposals for tariffs threaten a trade war between America and China. Is there a negotiable way out of the problem? Also, reported merger talks between two legal giants could herald a wave of transatlantic deals. And an assessment of social-safety nets in poorer countries reveals a mixed picture. Helen Joyce hosts.

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Transcript

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0:00.0

We owe tradition an awful lot.

0:03.0

Nostalgia makes you feel good.

0:05.5

Smell the wood paneling, breathe in the leather, taste the smoke.

0:10.0

Reminisce feel safe.

0:12.0

Tradition means we can act without thinking.

0:15.0

But the rules of business and society have changed.

0:18.0

Tradition is history.

0:20.0

No more stuck in the past.

0:22.0

Businesses come and go. No foundation is unshakable, no business

0:26.2

is bulletproof. See it coming and you'll see the opportunity. Disruption is the law of tomorrow.

0:33.0

Discover what you can do with it today at mishcom.

0:36.0

mishkonderea, it's business, but it's personal. Hello, I'm Helen Joyce, the finance editor of the Economist.

0:47.0

Welcome to Money Talks.

0:52.0

Coming up on the program, an assessment of

0:55.3

social safety nets in poor countries reveals a mixed picture. I mean the first

0:59.2

thing that jumps out at you when you look at these numbers is that Latin America is much more generous

1:04.6

as a rule than East Asia or South Asia. And reported merger talks between two legal

1:09.8

giants could herald a wave of transatlantic deals.

1:13.0

A lot of law firms will probably be looking at how that integration happens this time around if the

1:17.6

deal goes ahead.

1:18.9

If it turns out to be a success, then we might see more of these.

1:28.0

First, President Trump's repeated proposals for tariffs and Chinese products continue to threaten a trade war between the two countries.

...

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