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Intelligence Squared · 2025-07-17 · 45 min · 8,196 words

How will Trump’s tariff war impact the global economy? With Philip Coggan

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Welcome to Intelligence Squared. Where great minds meet. I'm producer Mia Sarenti. What happens when the world's largest economy is stirred by impulse rather than policy? And can the global trading system survive when trust, rules and alliances are thrown out overnight?

In this episode, Adam McCaulay speaks to the award-winning financial journalist Philip Coggan about the far-reaching economic consequences of Donald Trump's chaotic approach to global trade. From whiplash inducing tariffs to fractured alliances. Coggan explores how Trump's America First stance destabilises not just markets, but the entire architecture of global cooperation. Let's join Adam now with more. Hello and welcome to Intelligence Squared. I'm your host, Adam McCauley. On the morning of january twentieth, twenty twenty five, the newly inaugurated US President Donald Trump took to the podium with a simple message.

We will be the envy of every nation. And we will not allow ourselves to be taken advantage of Any longer. During every single day of the Trump administration, I will very simply Put America first.

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