The Wolf-Krugman Exchange: America vs the world

The US last week released its new National Security Strategy – and it wasn’t good news for Europe. The document – which sets out US foreign policy priorities – blasted Europe for undermining 'political liberty and sovereignty,' de-emphasised the threat from Russia, reframed America’s competition with China and put influence over the western hemisphere at the top of the US agenda. In this episode, FT chief economics commentator Martin Wolf and Nobel laureate Paul Krugman discuss what the impact of this new US strategy may be. How should Europe react to this sharp turn from its strongest historical ally? And is Trump handing China the world on a silver platter? Paul’s cultural coda: https://www.youtube.com/watch?v=E9dLGDCdg3g Martin’s cultural coda: https://www.youtube.com/watch?v=l46GNducsPk Read Martin’s column: https://www.ft.com/martin-wolf #martinwolf #paulkrugman #trump #globaleconomy #globaltrade #internationaleconomics #trumptariffs #worldtrade #worldeconomy #economicsystem #usa #washington #eu #china ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community ► Listen to our podcasts: https://www.ft.com/podcasts ► Follow us on Instagram: https://www.instagram.com/financialtimes ► Follow us on Instagram: https://www.tiktok.com/@financialtimes