<p>In a reversal of roles, Nobel prize-winning economist Paul Krugman steps into host Soumaya Keynes shoes to quiz her and co-author Chad Bown about their new book "How to Win a Trade War", and the lessons it contains for surviving a global world order where traditional trade rules are being abandoned. They discuss the fragile domestic politics of a trade war, what the rest of the world can learn from China and reasons to be sort of cheerful about the future of global trade.</p><br><p><strong>Further reading</strong></p><p><a href="https://www.ft.com/content/50006f16-9eaf-410d-847c-3f32593d4d95?accessToken=zwAAAZ8Kfk2Jkc9QAG8Wnq9BDdOEfD8yWT1NlQE.MEUCIQCQhYTOtl6xloOl0N75LjDbelFKzaYc6zctwfk9eAjOxAIgEJwdFwEghdBOZfS_CvxEQ_r4XRy9Cg1sY3GHkKMa-Cs&amp;segmentId=85462057-4e57-56c2-164f-e4ce1f09e15f" rel="noopener noreferrer" target="_blank">No one wins a trade war. Or do they?</a></p><p><a href="https://www.ft.com/content/98768d2d-d9dc-4344-971c-b6496c92a662?accessToken=zwAAAZ8LGuWwkdOYdo0t2dxDRNOXHLZJbJKmYgE.MEUCIQDHsgVi6xyYR5flrrADxF3dhMmrZ7-qmHpVpVXUOH4_FQIgVFz-dULndAk4iMtImXJJ3GzUjztvrx_TL90JE6hIAzM&amp;segmentId=85462057-4e57-56c2-164f-e4ce1f09e15f" rel="noopener noreferrer" target="_blank">Why Europe must embrace tariffs</a></p><br><p>Subscribe to Soumaya's show on <a href="https://podcasts.apple.com/gb/podcast/the-economics-show-with-soumaya-keynes/id1746352576" rel="noopener noreferrer" target="_blank">Apple</a>, <a href="https://open.spotify.com/show/64rPqCkSSBkuSJpkMLRe9i?si=70c1cb4221e54c9a" rel="noopener noreferrer" target="_blank">Spotify</a>, <a href="https://pca.st/6ysdzw0j" rel="noopener noreferrer" target="_blank">Pocket Casts</a> or wherever you listen.</p><br><p>Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.</p><br><p><a href="https://www.ft.com/content/c0921413-ad56-4909-b11c-4c83f6bc2ae8" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>