Podcast: Why the world fears US President Trump’s protectionism

Sir John Major with Credit Suisse’s Lito CamachoSir John Major with Credit Suisse’s Vice Chairman Lito Camacho at the Credit Suisse Asian Investment Conference in Hong Kong on March 19, 2018.

This is what speakers from the Credit Suisse Asian Investment Conference had to say on Monday, March 19th, 2018, about the fears of a trade war potentially emerging from the U.S.

  • Former Reserve Bank of India chief Raghuram Rajan said Trump’s measures were the “antithesis” of a market economy.
  • James Sweeney, Credit Suisse’s chief economist, noted that China’s pro-trade policies were likely to prevail in the long term.
  • Former U.K. Prime Minister John Major said the real danger was how protectionism had eroded U.S. influence and power.

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This podcast is sponsored by “A Cat Called Monster,” a book about a Singapore cat with a crooked tail. It’s available from Amazon.