Why Trump's tariff chaos actually makes sense (big picture)

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Further reading mentioned in the video:
Scott Bessent’s essay: https://www.economist.com/by-invitation/2024/10/23/the-international-economic-system-needs-a-readjustment-writes-scott-bessent
Two ex-Biden advisors on the global trading system: https://www.economist.com/by-invitation/2025/03/25/the-global-trading-system-needs-new-rules-not-tariffs-say-wally-adeyemo-and-joshua-zoffer

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Timestamps:
00:00 Intro
02:12 What does the Trump team actually want?
05:12 A brief history of the US led global order
08:25 The Triffin dilemma
13:24 The MAGA masterplan for a new global order
22:41 Conclusion and sponsor

Attribution:
Music by Epidemic Sound: http://nebula.tv/epidemic
Thank you to AP Archive for access to their archival footage.
Stock footage and others clips by Getty

Narrated and produced by Dr. Joeri Schasfoort