Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Tuesday, 4 February 2025
Is President Donald Trump Using Tariffs as a Negotiating Tactic? | Inside Story
Feb 4, 2025 | US President Donald Trump's tariffs on goods from Canada and Mexico are on hold for a month. But US levies on Chinese products have gone into effect - and Beijing has hit back with duties of its own. It accuses Washington of unilateralism and has filed a complaint with the World Trade Organization. President Trump says America has been ripped off by 'every country in the world'. So, are tariffs the answer? And at what cost?
Presenter: James Bays
Guests:
Dmitry Grozoubinski -- Director of ExplainTrade - a trade policy and negotiations consultancy
Greg Swenson -- Founding Partner of the investment banking firm, Brigg Macadam
Gavin Fridell -- Professor of Political Science and Global Development Studies at Saint Mary's University in Canada