Trump's economic philosophy: A real plan or simply chaos? | Business Beyond

DW News May 19, 2025
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Journalism that’s Made for Minds. Follow us for global news and analysis from the heart of Europe. DW News delivers the world's breaking news while going deep beneath the surface of what's going on. Correspondents on the ground and in the studio provide their detailed analysis and insights on issues that affect our viewers. Deutsche Welle is Germany’s international broadcaster, producing content in 30 languages. We independently report social, political and economic developments in Germany and Europe, incorporating both German and other perspectives. DW hopes to promote understanding between different cultures and peoples. While funded by the German government, the work of DW is regulated by the Deutsche Welle Act (http://p.dw.com/p/17MtP), meaning content is always independent of government influence. We ask that you please keep comments and discussions on this channel clean and respectful. For further information please click the 'DW Netiquette' link below.

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The last six weeks have been bumpy for the world economy. US President Donald Trump's attempts to upend the global trade system with a range of tariffs have stunned allies and rivals alike. Markets have swooned and uncertainty abounds. But are the tariffs simply a bargaining chip towards a different, more dramatic plan - the devaluation of the dollar? Business Beyond considers the facts. For more from the experts we spoke to: • Mark Sobel, US Chairman at Official Monetary and Financial Institutions Forum and former senior US Treasury official - https://www.brettonwoods.org/person/mark-sobel • Judy Shelton, senior fellow at the Independent Institute and former Trump economic advisor - https://www.independent.org/person/judy-l-shelton/ • Richard Koo, chief economist at Nomura Research Institute, former Japanese government economic advisor - https://www.csis.org/people/richard-koo • Jared Bernstein, Former Chair of the Council of Economic Advisers of United States, 2023-2025 - https://en.wikipedia.org/wiki/Jared_Bernstein CHAPTERS: 00:00 Introduction 01:37 The elusive Mar-a-Lago Accord 04:15 The value of devaluation 11:40 The Manufacturing Mirage? 16:46 Back to Mar-a-Lago 21:41 Conclusion: Economic culture wars For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 #US #Tariffs #MarALagoAccord #BusinessBeyond

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