Ep. 318: Brad Setser on Trump Tariffs, China’s Surging Surplus and Dollar Policy

Brad Setser is the Whitney Shepardson senior fellow at the Council on Foreign Relations. His expertise includes global trade and capital flows, financial vulnerability analysis, and sovereign debt restructuring. He regularly blogs at Follow the Money. Brad served as a senior advisor to the United States Trade Representative from 2021 to 2022, where he worked on the resolution of several trade disputes. He had previously served as the deputy assistant secretary for international economic analysis in the US Treasury from 2011 to 2015 and as a director for international economics on the staff of the National Economic Council and the National Security Council. This podcast covers: 

• US tariffs and their implementation 
• Economic impact: recession or not? 
• Disrupting global system or not? 
• Resilience of global supply chains 
• China’s huge current account surplus 
• US-China trade war 
• US versus Europe, Canada, Brazil 
• US budget bill, pharmaceutical profits 
• Weak dollar as trade tool 

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