AMA: I’m CFR’s Brad Setser, global trade and capital flows expert, ready to answer your questions about trade and tariffs – Ask me anything (April 8, 11AM – 1PM ET)
https://www.cfr.org/expert/brad-w-setser
Posted by BradSetser
AMA: I’m CFR’s Brad Setser, global trade and capital flows expert, ready to answer your questions about trade and tariffs – Ask me anything (April 8, 11AM – 1PM ET)
https://www.cfr.org/expert/brad-w-setser
Posted by BradSetser
9 comments
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Why is any of this happening and can America recover from this both financially and in reputation?
Can the US really be self-sufficient?
I’ll shoot:
What are the first thing(s) the common folk will see that will make these tariffs a reality that hits home? Rise in food prices? Vehicles? Insurance?
For context, I want to believe the impacts will be a political turning point for all but the most die-hard who support the Trump administration and I’m curious as to what that looks like. I mean, this can all be spun ad nauseum as “just a little short term pain” and what-not but I want to know what impact indicators we’d see first that will truly hit home as people go about their daily lives.
Do you know of any good analysis in regards to the predicted impact of recent humanoid robotics improvements including fine motor skills at a rapidly decreasing cost on the production of goods that currently require cheap manual labor and are associated with less advanced economies?
For example fruit harvesting and clothing manufacturing currently rely heavily on human fine motor skills.
(PS: April 8th is a long time away when financial markets and geopolitical developments are moving as quickly as they are currently.)
While a lot has been said about how the Trump administration’s tariffs would affect common people due to price increases everywhere, very little has been said about how this “deglobalisation” might reduce inequality due to supply chain reshoring and increase in the number of jobs to reindustrialisation. What’s your take on this?
Thoughts on USD being used less in an isolationist American foreign policy leading to a collapse of the demand for US debt issuances ?
What do you think will happen to dollar inflows into US capital markets if the bulk of the Trump tariffs are kept in place?
I have a pre-question for members of the Council on Foreign Relations. Maybe it will be answered, maybe it won’t. Trump says the US is being taken advantage of, but this doesn’t include sales of arms exports from the US Military Industrial Complex. Things like F-35 fighters, surface to air missile systems and a host of other things. If other countries cancel their orders of US MIC products how much will that hurt American companies? If the US tariffs Australia and expects them to buy multi billion dollar Virginia class submarines, whose fault is that? I understand protecting your farmers from eggs and milk, but if they’re buying multi billion dollar defense systems from the US doesn’t that make up for some of the tariffs?
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