What Trump’s tariffs deadline has (not) achieved, with Dmitry Grozoubinski
The Economics Show11 Heinä 2025

What Trump’s tariffs deadline has (not) achieved, with Dmitry Grozoubinski

July 9 marked the end of President Trump’s 90-day pause on his so-called reciprocal tariffs. Now that deadline has passed … what has actually changed? The FT’s senior trade writer Alan Beattie discusses with former trade negotiator Dmitry Grozoubinski, author of ‘Why Politicians Lie About Trade’. Dmitry explains why Trump’s tariff threats are as ineffective as they are unusual, how countries are approaching his ‘vibes-based’ trade policy, and what Dmitry would advise if he was negotiating with the US now.


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Donald Trump threatens new tariffs on Canada


Alan Beattie is the FT's senior trade writer. He writes the Trade Secrets newsletter every Monday.


Read Alan’s columns here: https://www.ft.com/alan-beattie


Sign up to the Trade Secrets newsletter here.


Subscribe to The Economics Show on Apple, Spotify, Pocket Casts or wherever you listen.


Presented by Alan Beattie. Produced by Mischa Frankl-Duval. Flo Phillips is the executive producer. Manuela Saragosa is the FT’s acting co-head of audio. Original music and sound design by Breen Turner. Mix by Sam Giovinco.


Read a transcript of this episode on FT.com

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