This special episode of The Weekly Briefing from Capital Economics is an exclusive extract from our online Drop-In briefing following Donald Trump’s threat to impose massive tariffs on Mexico, Canada and China. 

Was this a negotiating ploy from the president-elect? Who’ll pay the cost of higher tariffs? How would targeted countries respond?

Group Chief Economist Neil Shearing, Vicky Redwood, our Senior Economic Adviser, and Chief Europe Economist Andrew Kenningham answered these questions and more in our day-after briefing.

Analysis and events referenced in this episode:

How to think about tariffs
https://www.capitaleconomics.com/publications/global-economics-focus/how-think-about-tariffs

Canada, China and Mexico in Trump’s firing line​
https://www.capitaleconomics.com/publications/global-economics-update/canada-china-and-mexico-trumps-firing-line

Drop-In: US tariffs – How they’ll work, what they’ll do and how the world will respond
https://www.capitaleconomics.com/events/global-drop-us-tariffs-how-theyll-work-what-theyll-do-and-how-world-will-respond