Radhika Desai : Trump’s TACO Syndrome

From Tariffs to Interest Rates

In a week when after nearly a year of threatening to make the Federal Researve bow to his demands for low interest rates, Trump has appointed Kevin Warsh as the new chairman of the Federal Reserve, who is not a notable dove. Markets, which feared that a dovish chair might encourage inflation, have rallied rather than swooning. This is a god time to understand what’s really behind Trump’s threats, whether on interest rates or tariffs or, for that matter, Greenland….

In this video, with the wonderful Ben Epstein of ThinkBRICS, I explains why Trump’s tariffs aren’t working as intended.

As Ben says in his description of this video: ‘This geopolitical economy analysis reveals the shocking truth: Trump trade war tactics are performative theater, not genuine economic strategy. As the US economic decline continues, we’re witnessing a massive global power shift toward BRICS vs US dominance.

Discover why de-dollarization is accelerating as sanctions backfire spectacularly. Russia’s agriculture boomed under sanctions, China’s semiconductor advances despite chip bans, and Iran’s energy diversification—all proving BRICS resilience against American pressure.

The dollar collapse isn’t just possible; it’s probable as global South rising nations abandon US-centered trade. Desai explains how economic nationalism masks corporate interests, why US tariffs China policies lack an industrial strategy, and how supply chain chaos hurts American businesses more than competitors.

Learn about BRICS currency alternatives, trade realignment away from America, and why the global economic order is fundamentally shifting toward a multipolar world. This isn’t typical economics content—it’s anti-imperialism analysis showing how imperialism’s contradictions are destroying American hegemony. From geopolitics to finance, capitalism’s crisis is creating space for alternative economic models.