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Trump’s Tariffs: Can Global Trade Survive the Shock?

Brent Neiman and David Henig join Deep Dish to break down how Trump's reciprocal tariffs could impact the global economic system.
Cargo containers line a shipping terminal at the Port of Oakland on July 31, 2025. Play Podcast
Noah Berger / AP

A fresh round of reciprocal tariffs from President Trump has rattled markets and prompted concern over the future of trade. As uncertainty grows for businesses, consumers, and governments alike, Brent Neiman of the University of Chicago and David Henig of the European Centre for International Political Economy, join Deep Dish to unpack the implications for the global economic system. 

About the Experts
Edward Eagle Brown Professor of Economics, University of Chicago Booth School of Business
Brent Neiman headshot
Brent Neiman is the Edward Eagle Brown Professor of Economics at Chicago Booth. From 2022-2025, he served at the US Treasury as Counselor to the Secretary and as the Deputy Undersecretary for International Finance. He researches international macroeconomics, finance, and trade and is a co-founder and principal investigator of the Global Capital Allocation Project.
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David Henig
Director, European Centre for International Political Economy
Headshot of David Henig.
David Henig is Director of the UK Trade Policy Project at the European Centre for International Political Economy. A leading voice on international trade, he previously worked for the UK government on trade and investment policy.
Headshot of David Henig.
President & Chief Executive Officer, Chicago Council on Global Affairs
Leslie Vinjamuri headshot
Dr. Leslie Vinjamuri joined the Council in 2025 as the president and chief executive officer, after previously serving as director of the US and the Americas program at the Royal Institute of International Affairs, known as Chatham House, in London. She brings more than 20 years of experience working at the intersection of international affairs, research, policy, and public engagement.
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