How do we understand #Trump's tariff-fixation in economic terms? Given his repeated statements that he is looking at tariffs as a source of revenue, does he think of them as a permanent feature or as a temporary negotiating tool? And if his idea is to MAGA using tariffs to force manufacturing back to American soil, how then can tariffs be a meaningful source of revenue? Also, won't the kind of tariffs he imposed (and then paused for 30 days) on Canada and Mexico and China -- hurt American businesses and citizens as well? What are the options for the Global South, including the BRICS+, faced with his aggressive rhetoric about imposing 100% tariffs on them if they tried to undermine the US dollar hegemony? Finally, is the US moving away from a half-century old paradigm of open trade and integrated markets, to one of localised production and protected markets? These are some of the issues unpacked in this fascinating conversation with @cpc01 for @the_hindu Do tune in. Link in reply below.

Enjoyed this conversation with @cpc01 where he systematically unpacks what govt estimate of 7.2% #GDP #growth for FY2022-23 really means -- issues with methodology, data sources, sectoral differences, how it tallies with employment data, etc. Do tune in: thehindu.com/podcast/what-do…