Gideon talks to the economic historian Harold James about the economic and political implications of Donald Trump's tariffs. What are the similarities with the Smoot-Hawley Tariff Act of 1930? What kind of forces will his decision to smash the global economic order unleash? Clip: CBC Follow Gideon on Bluesky or X @gideonrachman.bsky.social, @gideonrachmanFree links to on this topic: It falls to Congress to unravel Trump’s reckless tariffsTrump’s ‘reshoring’ ambitions threatened by tariff chaosMarket turmoil strains bro-sphere’s bromance with Donald TrumpTrump and the mob boss approach to global marketsMarkets could get a lot worse — and quicklySubscribe to The Rachman Review wherever you get your podcasts - please listen, rate and subscribe.Presented by Gideon Rachman. Produced by Fiona Symon. Sound design is by Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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