Can the U.S. Really Win a Global Trade War? | Prof G Markets
This week on Prof G Markets, Scott and Ed discuss gold hitting a record high, the Trump administration’s new restrictions on chip exports, and Jerome Powell’s comments on tariffs. Then, they unpack how other nations are pushing back against the tariffs, highlighting Trump’s key strategic missteps—including his underestimation of global rivals. Finally, they dissect the key moments from the Meta antitrust trial so far, with Scott laying out the economic upsides of breaking up the company, and Ed outlining how the FTC could actually come out on top.
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Timestamps:
00:00 - Today's number
00:31- Today's episode
05:35 - Vitals/Headlines
06:36 - Gold's value
10:28 - Global Tech-Stock Rout
20:21 - Jerome Powell's warning
26:56 - Ad break
29:40 - Countries' response to tariffs
42:20 - Ad break
43:42 - Meta Antitrust Trial
55:18 - Week ahead
55:25 - Prediction
58:57 - Credits
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