How to Win a Trade War

'An amazing book' - Paul Krugman, Nobel laureate in economics'Timely, witty and wise' - Tim Harford, broadcaster and bestselling author of The Undercover Economist'A breezy, low-jargon guide' - Helen Lewis, bestselling author of The Genius MythA witty, essential guide to our new era of economic competition.From Soumaya Keynes, podcaster and columnist at the Financial Times and Chad Bown, a senior fellow at the Peterson Institute for International Economics. We used to take trade for granted. Trillions of dollars of goods and services crossed borders each year, made possible by a global, rules-based system.Nobody paid too much attention to supply chains: they just worked. Now, Trump’s latest tariff announcement can crash markets, ruin your pension, and sour decades-long alliances.Brexit can sever Britain from its closest trading partners.China’s export restrictions on rare earths could bring the West’s car production to a crashing halt.Curbs on trade in cutting-edge chips could determin