How to win a trade war, with Paul Krugman and Chad Bown

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• 00:01

  Hi, listeners.

• 00:02

  Today's episode of The Economics Show with Soumaya Keynes is a little different.

• 00:07

  I'm still here, but I'm not the one asking the questions.

• 00:12

  Hi, everybody.

• 00:13

  I'm Paul Krugman, professor at the City University of New York and an independent newsletter writer on Substack.

• 00:19

  You might have noticed that I'm not Soumaya Keynes, host of the Economics Show podcast.

• 00:24

  I'm here with Soumaya, as well as her longtime collaborator, Chad Bown,

• 00:28

  who is a senior fellow at the Peterson Institute for International Economics, formerly chief economist at the U.S.

• 00:35

  State Department.

• 00:36

  Together, these two have just written a book called How to Win a Trade War.

• 00:40

  And today we're going to be asking just that.

• 00:43

  How do you win a trade war?

• 00:45

  Soumaya, Chad, hi.

• 00:46

  Hi.

• 00:47

  Hi, Paul.

• 00:48

  So maybe I can start by asking a slightly funny question, which is, who are you?

• 00:55

  I know you're Chad and Soumaya, but when we talk about how to win a trade war, who is the audience?

• 01:01

  Presumably not actually Donald Trump.

• 01:03

  Presumably not Xi Jinping, who should be, I mean, everybody should read it,

• 01:08

  but who do you think might in some sense read it or at least be briefed on people who've read it?

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