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Big on promise, small on details: How Trump is changing global trade
Bloomberg Televisionยท2025-08-04 14:47

I think what we're seeing emerging is President Trump see tariffs as a way to not only reorder the global trading system that he's complained about since the 1980s, but to get countries in line with what he thinks the US priorities are. We've seen it most recently with India where he says we're going to put a 25% tariff on you across the board and we're going to penalize you for buying Russian oil. He's also intervened in the Cambodia Thailand conflict and said trade is going to be painful for you if you do ...