Скачать или смотреть Why Trump's tariff chaos actually makes sense (big picture)

Get access to global coverage at an exclusive 20% discount at https://economist.com/moneymacro
Further reading mentioned in the video:
Scott Bessent’s essay: https://www.economist.com/by-invitati...
Two ex-Biden advisors on the global trading system: https://www.economist.com/by-invitati...

If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via Patreon:   / moneymacro  

WANT AN IN-DEPTH INDUSTRIAL POLICY MASTERCLASS?
△ https://school.moneymacro.net/p/indus...

LIKE CHATTING ECON WITH ME?
△ Follow me on Twitter:   / joerischasfoort  
△ Follow me on LinkedIn:   / joeri-schasfoort  
△ I have a private Discord server for Senior and Chief economist Patrons / members.


SOURCES:
I've linked my sources in the blog that goes along with this video. Links are in the text.
https://www.moneymacro.rocks/2025-04-...

Timestamps:
00:00 Intro
02:12 What does the Trump team actually want?
05:12 A brief history of the US led global order
08:25 The Triffin dilemma
13:24 The MAGA masterplan for a new global order
22:41 Conclusion and sponsor

Attribution:
Music by Epidemic Sound: http://nebula.tv/epidemic
Thank you to AP Archive for access to their archival footage.
Stock footage and others clips by Getty

Narrated and produced by Dr. Joeri Schasfoort