Master Class on Trump vs. China: from currency wars to trade wars

President Trump has come to shake things up. He is convinced that the current world order is not benefiting the US and that China is the biggest winner of the globalisation process. In order to change this he has imposed, or threatened to impose, tariffs on Chinese and other countries’ products.

China, however, might retaliate in kind and we might witness a trade war between the two superpowers. How damaging would such a war be? How should the EU and other countries react to such a scenario? Is Trump convinced that protectionism is good or is this just a strategy to open up the Chinese market to American products and services? Prof. Otero-Iglesias will try to give answers to all these questions.