Trade Wars: Nobody Wins, But You Still Have to Fight

Trade wars used to be something economists told you to avoid. Nobody wins one, so you don't fight. That argument is over. In this episode of The Freight Buyers' Club, Mike King talks to trade economist Chad Bown about why the old rules-based system has gone, and what that means for anyone who sources, ships or moves cargo for a living. Chad Bown is the Reginald Jones Senior Fellow at the Peterson Institute for International Economics, host of the Trade Talks podcast, and a former chief economist at the US State Department. With Soumaya Keynes he has written How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy. We get into China's drive for one-way dependence, the weaponising of rare earths, the squeeze on developing economies, and why Europe is suddenly on the front line. Then we bring it back to the people listening. Where do you source when the map keeps changing? How do you find the hidden risk in your own supply chain? And what did companies like Apple do early that the rest are now scrambling to copy? If you buy freight, run a supply chain or decide where the factories go, this one is about the decade ahead. Produced with the support of Ontegos Cloud, the freight forwarder profitability specialists. Trade wars used to be something economists told you to avoid. Nobody wins one, so you don't fight. That argument is over. In this episode of The Freight Buyers' Club, Mike King talks to trade economist Chad Bown about why the old rules-based system has gone, and what that means for anyone who sources, ships or moves cargo for a living. Chad Bown is the Reginald Jones Senior Fellow at the Peterson Institute for International Economics, host of the Trade Talks podcast, and a former chief economist at the US State Department. With Soumaya Keynes he has written How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy. We get into China's drive for one-way dependence, the weaponising of rare earths, the squeeze on developing economies, and why Europe is suddenly on the front line. Then we bring it back to the people listening. Where do you source when the map keeps changing? How do you find the hidden risk in your own supply chain? And what did companies like Apple do early that the rest are now scrambling to copy? If you buy freight, run a supply chain or decide where the factories go, this one is about the decade ahead. Produced with the support of Ontegos Cloud, the freight forwarder profitability specialists. Notes: Shoumitro Chatterjee and Arvind Subramanian, “China’s mercantilist squeeze on developing countries,” PIIE Working Paper, May 2026. Arvind Subramanian talks to Chad Bown. https://tradetalkspodcast.com/podcast... #FreightBuyersClub#SupplyChain #TradeWar #Logistics #FreightBuying #GlobalTrade