Brent Neiman

Brent Neiman, an economics professor at the University of Chicago and former Treasury counselor, and David Henig, director of the UK Trade Policy Project, dive into the ripple effects of Trump's tariffs on global trade. They discuss the uncertain landscape for businesses and international relations amid rising tariffs. The conversation reveals the UK's strategic responses and contrasts them with the EU's varied reactions. Neiman and Henig also explore manufacturing's role in national security and the challenges faced by countries adjusting to new trade dynamics, emphasizing the need for coordinated strategies.

Brent Neiman, the Edward Eagle Brown Professor of Economics at the University of Chicago and former Deputy Undersecretary of Treasury for International Finance, shares his insights on the Trump administration's tariff policies. He explains how his original research was misused to justify these tariffs, leading to significant economic miscalculations. The discussion delves into the implications of tariffs on U.S.-China trade dynamics, highlighting the uncertainty they create and questioning their effectiveness as tools for policy enforcement. Neiman also shares book recommendations and indulges in a lighthearted conversation about barbecue and savory pies.

Brent Neiman, a University of Chicago economist and former Treasury official, discusses his research on the 2025 tariffs. He explains why realized tariffs were much lower than announced. He shows that U.S. importers shouldered most costs. He highlights China’s sharp drop as a U.S. supplier and explores potential retaliation and lasting diplomatic fallout.