Ricardo Hausmann on What it Takes to Win a Trade War
Odd Lots12 Jun 2025

Ricardo Hausmann on What it Takes to Win a Trade War

The focus of Trump's trade policies is clearly China. There are tariffs on everyone, of course, but it's the growing Chinese manufacturing might, and the various perceived risks associated with that, which have catalyzed this impulse to rethink how America trades with the rest of the world. But can the US actually move the manufacturing center of gravity? On this episode we welcome back Harvard Professor Ricardo Hausmann. We've had him on before to talk about the importance of economic complexity -- the capacity to build complex things -- in measuring the wealth of nations. On this episode we use that lens to discuss tariffs and the trade war, and the risks that the new administration's policies will play in reducing our capacity to build the most advanced things.

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox now delivered every weekday plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

See omnystudio.com/listener for privacy information.

Episoder(1191)

Bill Beach on How Trump Just Politicized US Economic Data

Bill Beach on How Trump Just Politicized US Economic Data

Late last week, Donald Trump shocked Wall Street by firing Erika McEntarfer, the head of the Bureau of Labor Statistics, the agency responsible for publishing some of America's most important economic...

4 Aug 202524min

The AI Industry Is Becoming Like Professional Sports

The AI Industry Is Becoming Like Professional Sports

When it comes to tech startups, you often hear about VCs making a ton of money, or founders experiencing life-changing exits. But something is changing in the world of AI. Now it's the engineers thems...

4 Aug 202552min

How to Make Money Selling Pizza in New York City

How to Make Money Selling Pizza in New York City

Everybody knows that New York City has a ton of pizzerias. And yet, new ones are opening up all the time. Why do we need more? And how is there still money to be made? On this episode, we speak with A...

2 Aug 202549min

What an LA Bakery Says About the Economy Right Now

What an LA Bakery Says About the Economy Right Now

Bakeries are great microcosms of the economy. There's lots of labor involved. You need commodities like flours and eggs, plus energy for your ovens. You need capital investment to get the ovens in the...

1 Aug 202547min

Circle's CEO on the Booming Business of Stablecoins

Circle's CEO on the Booming Business of Stablecoins

Stablecoins are emerging as one of the most active areas of cryptocurrencies. The idea of using blockchain rails to transmit money has captured the attention of legacy financial institutions as well a...

31 Jul 202549min

This Is How Chinese Manufacturers Are Countering Trump's Trade War

This Is How Chinese Manufacturers Are Countering Trump's Trade War

President Trump has announced tariffs on basically every trading partner. However there is a real sense that the ultimate goal is to hamper the growing perceived economic threat from China. One vision...

28 Jul 202548min

How a Trade War With China Could Become a Hot War

How a Trade War With China Could Become a Hot War

Tension between the US and China has been building for some time. But so far this has been limited to issues of trade. The US has imposed tariffs on China. It's imposed restrictions on technology expo...

26 Jul 202559min

What 300 Years of Firewood Prices Say About the Economy

What 300 Years of Firewood Prices Say About the Economy

Today, the cost of energy — things like electricity, or gas, or heating oil — is considered an essential piece of economic data. But it turns out that for much of America's history, we've been overloo...

25 Jul 202542min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
pengepodden-2
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
utbytte
pengesnakk
stormkast-med-valebrokk-stordalen
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
liberal-halvtime
rss-sunn-okonomi
lederpodden
rss-pa-konto
rss-investering-gjort-enkelt
rss-markedspuls-2