Geopolitical Economy Report
Geopolitical Economy Report
Ben Norton
Tariffs are part of Trump's big plan to save US dollar dominance. Will it work?
58 minutes Posted Apr 9, 2025 at 1:15 pm.
Trump's top economic advisor
Trump wants to save dollar hegemony
(CLIP) Trump on US dollar
Dedollarization
BRICS
(CLIP) Trump threatens BRICS
Tariffs
Bretton Woods system
Keynes' Bancor proposal
US exorbitant privilege
Nixon shock, gold standard, petrodollar
Financialization
Billionaires
Deindustrialization
Current account deficit
Trump advisor Stephen Miran
Overvaluation of US dollar
Stephen Miran's plan
Mar-a-Lago Accord
Economic nuclear war
Trump admin's goals
Paying for US empire
Trump admin's 5 demands
(CLIP) Sharing costs of US empire
China
(CLIP) Decoupling from China
Hudson Institute
US financial crisis of 2008
Manufacturing
Trump hits China with 104% tariffs
Economic game of chicken
Can USA win trade war?
(CLIP) Miran: US has leverage over China
China vows "to fight to the end"
US economic dependence on China
Chinese exports
China's top export destinations
ASEAN is China's top trading partner
Indonesia
China is world's top trading partner
China's trade with Russia
Can USA reindustrialize?
(CLIP) "We can make stuff at home"
Reindustrialization is very difficult
Trade war will hurt Americans
Moving taxes from rich to poor
Do other countries pay US tariffs?
Dollar falls
Yield on US Treasury securities
Mortgage rate spread
Credit card interest rate
Interest payments on US national debt
Backlash on US economy
Danger of blowback
Plaza Accord revisited
Changes in global economy
China learned from Japan crisis
Imperial hubris
Vietnam in a multipolar world
Outro
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58:51
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Show notes
US President Donald Trump wants to use tariffs as part of a plan to save the dominance of the dollar as the global reserve currency. His top economic advisor Stephen Miran outlined the Trump administration's strategy to force other countries to pay the USA to maintain its imperial financial and military order. Ben Norton explains the idea behind the hypothetical "Mar-a-Lago Accord".
VIDEO: https://www.youtube.com/watch?v=VnajhDMAWVA
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