In a hundred years time will China offshore its manufacturing to poorer countries? Not if it has any sense. Today Trump’s great retreat from the tariff war began in earnest as some cold economic realities have begun to bite, but what is the historical long view here? This episode explores how offshoring and America’s weakening dollar supremacy, combined with the ownership of nearly $2 trillion of debt by China and Japan place America in an economic position it has never experienced in its nearly
Reading time:
1–2 minutes
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For more than a decade, the Explaining History Podcast has helped listeners around the world make sense of modern history. What began in 2012 as a simple experiment—short, accessible episodes explaining major historical events—has grown into a long-running library of carefully researched, thoughtful explorations of the 20th and 21st centuries.
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