How the Trade War Is Putting Christmas In a Brand New Light

What happens when you cross the U.S.-China trade war with the Christmas tradition of covering your home in lights, while tossing in a Nobel-winning economist for good measure? Why, you get the year-end episode of Stephanomics, of course. America slapped tariffs on holiday lights made in China, the world’s dominant supplier. So Bloomberg reporter Michelle Jamrisko went to Hanoi to find out whether the numbers are really true—the ones that show exports of Christmas lights from Vietnam are surging as a result. Clark Griswold makes a guest appearance in the podcast as well.  Then, Stephanie Flanders brings you an interview with Joseph Stiglitz of Columbia University. The Nobel laureate shares his thoughts on “progressive capitalism,” the theme of his upcoming book, along with Big Tech, the Green New Deal and just how bad the next recession might be.

Om Podcasten

Will Covid-19 reshape the global economy or simply shrink it? What are nations doing to protect jobs and businesses from the fallout, and what will the long-term consequences be for labor markets, global supply chains and government finances? On Stephanomics, a podcast hosted by Bloomberg Economics head Stephanie Flanders—the former BBC economics editor and chief market strategist for Europe at JPMorgan Asset Management—we combine reports from Bloomberg journalists around the world and conversations with internationally respected experts on these and other issues to bring the global economy to life.