David Lin: $2 Trillion Market Wipeout, will New Tariffs Doom the Economy?

The global markets have been reeling after a recent surge in protectionist trade policies, triggering a market sell-off that erased an estimated $2 trillion in value. Dubbed by some as “Liberation Day” tariffs, these new measures have reignited concerns about a potential global economic slowdown and are raising serious questions about the future of international trade. To dissect the potential ramifications of this market upheaval, David Lin recently sat down with Michael Pettis, Professor of Finance at Peking University, a renowned expert on international economics and trade. Their discussion delved into the underlying motivations behind the tariffs, their potential impact…