Trump’s trading tactics - US tax policies threaten Catalan economy
As Donald Trump returns to the White House, new US trading policies are predicted to bring increased tariffs on imports from Europe. On this week’s podcast, reporters Coralie Moreau and Gerard Escaich Folch join host Beth Cohen to discuss the future of the US trade relationship with Catalonia. We talk to Cristina Serradell, director of international trading at Catalonia's Trade and Investment agency, who explains the threat posed to Catalan companies. Coralie interviews Professor Pedro Aznar from the Department of Economics, Finance and Accounting at the ESADE business and law school in Barcelona, to find out what Donald Trump's mandate could mean for the Catalan and European economies. And we discover how local businesses are planning to adjust their strategies following Trump’s inauguration. This week’s Catalan phrase is “Salut i força al canut,” a quintessential way of wishing someone health and wealth. The ‘canut’ is an old-fashioned cylindrical purse which people wore tied to their belts and the phrase can be used as the equivalent of the English “Cheers!” to raise a toast before drinking.