Part 7/8:
Varoufakis suggests that Trump's strategy is systematic and intentional, arguing that these tariffs are not a temporary measure but rather a new standard in U.S. trade policy. He anticipates an increase in average tariffs from a meager 2.5% to potentially 20-25%, which will place immense pressure on international negotiations. Trump’s strategy seems to involve a divide-and-conquer approach, negotiating terms with different nations separately to maximize benefits for the U.S.