logo
episode-header-image
Jul 2024
35m 48s

What does the US get wrong about China? ...

Financial Times
About this episode

NOTE: This podcast was recorded before Joe Biden announced he was stepping down from the US presidential race


Both the Republicans and Democrats are talking tough on economic competition with China. But is this wise? Today on the show, Adam Posen, president of the Peterson Institute for International Economics, discusses why a hard line on China might not be the best line. 


To take part in the audience survey and be in with the chance to win a pair of Bose QuietComfort 35 wireless headphones, click here. Click here to find T&Cs for the prize draw.

Soumaya Keynes writes a column each week for the Financial Times. You can find it here

Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen.


Read a transcript of this episode on FT.com



Hosted on Acast. See acast.com/privacy for more information.

Up next
Aug 18
Why Russia’s wartime economy is starting to crack, with Elina Ribakova
When the EU and US hit Russia with fresh sanctions in 2022, many analysts expected the country’s economy to crack. Instead, Russia has shown strong GDP growth, powered in large part by a massive boost to war-related industries. Now, the effects of that boost appear to be fading. ... Show More
28m 8s
Aug 11
Introducing the Rachman Review: Is the US heading for a debt crisis?
This week on the Economics Show, we're bringing you an interview with Ray Dalio, from our foreign affairs podcast, the Rachman Review. It originally broadcast on July 3.Gideon talks to Ray Dalio, founder of Bridgewater Associates, the world’s largest hedge fund and author of a ne ... Show More
24m 3s
Aug 8
Can we still trust US economic data? With Erica Groshen
After the Bureau of Labor Statistics released a worse-than-expected US jobs report, President Trump fired the agency’s head, Erika McEntarfer, claiming her numbers were ‘wrong’ and manipulated. There’s no evidence this was the case but many agree gathering reliable data on the he ... Show More
30m 15s
Recommended Episodes
Aug 2024
The Economics Show with Soumaya Keynes: What’s wrong with economics?
This week, we’re bringing you something from our fellow FT podcast, The Economics Show with Soumaya Keynes.  Sir Angus Deaton won the Nobel Prize in Economics in 2015. So when he says he is rethinking many of his assumptions about the field, it matters. Today on the show, Soumaya ... Show More
34m 42s
Apr 2025
A U-Turn on Tariffs
After promising that tariffs against dozens of countries were here to stay, no matter how much they hurt businesses or the stock market, President Trump has abruptly reversed course.But there’s an exception: his levies on China, which he said he would raise to 125 percent.Jonatha ... Show More
28m 56s
Apr 2025
Trump’s tariff war with China
China has adopted a “wartime footing” in response to U.S. President Donald Trump’s triple digit tariffs. But both Trump and Chinese President Xi Jinping have a lot to lose in this fight. So who will blink first? On this weekend episode, our correspondents in Washington and Beijin ... Show More
20m 55s
May 12
A Vulnerable China Comes to the Table
Over the weekend, top negotiators from the U.S. and China met for the first time since President Trump rapidly escalated a trade war between the world’s two economic superpowers.Keith Bradsher, the Beijing bureau chief for The New York Times, discusses the pressures facing China, ... Show More
31m 51s
Apr 2025
"No winners" in a trade war, says China's President
Sam Fenwick is joined by Emily Feng, International correspondent for NPR in Washington DC and Peter Landers, Asia Business and Finance Editor at Wall Street Journal in Singapore.China's president declared their will be no winners in the trade war as he tours Southeast Asia, aimin ... Show More
49m 26s
May 12
Duty falls: US and China reach a deal
Tariffs against China were the centrepiece of Donald Trump’s “Liberation Day” trade plans. Our correspondent explains the significance of a new 90-day hiatus. Will Ukraine and Russia come to the negotiating table this week (7:51)? Why new techniques to compress the contrast betwe ... Show More
21m 41s
May 12
Duty falls: US and China reach a deal
Tariffs against China were the centrepiece of Donald Trump’s “Liberation Day” trade plans. Our correspondent explains the significance of a new 90-day hiatus. Will Ukraine and Russia come to the negotiating table this week (7:51)? Why new techniques to compress the contrast betwe ... Show More
21m 41s
Feb 2025
Trump’s Tariff Turmoil: China Strikes Back
Today, we look at what could be the start of a trade war between the US and China. After postponing tariffs on Canada and Mexico, President Trump has introduced a 10% tax on all goods imports from China. Early this morning Beijing announced it would impose a retaliatory 10% levy, ... Show More
32m 43s
Apr 2025
Import-extort: what to make of Donald Trump’s titanic tariffs
After months of bluster, he’s finally done it. At a ceremony in the White House Rose Garden, Donald Trump overturned decades of American trade policy with a simple signature. The new wave of trade restrictions, if implemented in full, will raise tariffs to the highest level in mo ... Show More
46m 35s