In a reversal of roles, Nobel prize-winning economist Paul Krugman steps into host Soumaya Keynes’ shoes to quiz her and co-author Chad Brown about their new book ‘How to Win a Trade War’, and the lessons it contains for surviving a global world order where traditional trade rules are being abandoned. They discuss the fragile domestic politics of a trade war, what the rest of the world can learn from China and reasons to be (sort of) cheerful about the future of global trade.

Further reading:

No one wins a trade war. Or do they?

Why Europe must embrace tariffs

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Presented by Soumaya Keynes. Produced by Mischa Frankl-Duval. Manuela Saragosa is the executive producer. Original music and sound design by Breen Turner.

Read a transcript of this episode on FT.com

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How to win a trade war, with Paul Krugman and Chad Bown

The Economics Show

How to win a trade war, with Paul Krugman and Chad Bown