Donald Trump is imposing tariffs and unequal treaties on longtime allies in Europe, Japan, and South Korea, forcing them to pay and move their factories to the US. Meanwhile, BRICS and the Shanghai Cooperation Organization (SCO) are building a new multipolar world order based on mutually beneficial trade and investment. Ben Norton is joined by economist Mich ... Show More
Mar 17
Iran challenges US dollar, says oil must be sold in Chinese yuan, as it targets US corporations
In response to the US-Israeli war, Iran shut down the Strait of Hormuz, the most important oil chokepoint on Earth, causing energy prices to skyrocket. However, Tehran is allowing Chinese tankers through, and says other ships can pass if they agree to sell oil in China's currency ... Show More
45m 22s
Mar 9
Iran's war strategy is now clear: raise oil prices, crash stock markets, cause economic crisis
After the US and Israel attacked Iran, Tehran's strategy of asymmetric warfare is clear: it closed the Strait of Hormuz and is attacking energy infrastructure in the Persian Gulf, causing global oil and natural gas prices to skyrocket, crashing stock markets, fueling inflation, a ... Show More
1h 4m
Jun 2025
Europe’s game plan for handling Trump at G7
The Pentagon has launched a review of the 2021 Aukus submarine deal with the UK and Australia, Donald Trump has said the US and China’s deal to restore their trade war truce is “done”, and US inflation rose less than expected to 2.4 per cent in May. Plus, European governments are ... Show More
10m 31s
Jul 2025
Trump plans to hit Brazil with 50% tariffs
The US president, Donald Trump, has made public the tariffs he intends to slap on imports from another group of countries, including Brazil, from the start of August. The chipmaker Nvidia has become the first company in the world to reach a market value of $4tn on Wednesday. Davi ... Show More
48m 41s
Mar 2025
Trump: Economy In ‘Transition', Mark Carney Wins & Germany's Identity Crisis
Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a slowdown as his early focus on tariffs and federal job cuts causes mar ... Show More
16m 41s
Feb 2025
China Seems Unstoppable. Trump Thinks Otherwise.
<p>Over the past week, President Trump avoided a trade war with Canada and Mexico. But he escalated a trade war with China.</p><p>His reasoning? China has become more powerful in domestic manufacturing than the United States, Japan, Germany, South Korea and Britain combined.</p>< ... Show More
27m 21s
Apr 2025
Tariffs, tensions, and trade: Trump’s gamble on China
Two weeks after Donald Trump’s sweeping tariff announcement shook global markets, he has now offered most countries a 90-day reprieve—while simultaneously escalating trade tensions with China by imposing harsher penalties. So far, China has responded by matching each tariff hike ... Show More
30m 26s
Apr 2025
Episode 436: Friendly Fire – Tariffs, Allies, and Strategic Fallout
Today, Les, Martha, and Jess unpack the growing global fallout from President Trump’s expanding tariff agenda. With a minimum 10% tariff imposed on all imports – and significantly higher rates hitting key partners like Vietnam and the European Union – the administration’s “Americ ... Show More
10m 17s