Who Benefits From Trump’s Tariffs?

April 30th marks the 50th anniversary of the end of the Vietnam War. But although the conflict still looms large in American memory, the reasons why the US went to war have been distorted in the mainstream account. In this episode of Confronting Capitalism, Vivek Chibber and Melissa Naschek explain the real imperialist history and remember the courageous struggles of both the Vietnamese resistance and the US anti-war movement.

President Trump has threatened to upend the US’s role in NATO unless the Europeans increase their military spending. But far from just a budget reshuffling, European remilitarization massively increases the prospects for war and austerity. On this episode of Confronting Capitalism, Vivek Chibber and Melissa Naschek explain the Cold War origins of NATO, how the US organizes European geopolitics, and why Russia and China have been deemed national security threats.

The Republican Party has become a hegemonic force in US politics today. But how much of their dominance is predicated on Donald Trump’s personal rule? On this episode of Confronting Capitalism, Vivek Chibber discusses the historic evolution of the Republicans with Paul Heideman, author of “Trump’s Takeover of the Republican Party,” an essay in the upcoming issue of Catalyst. Vivek and Paul focus on the business coalitions behind Trump, how he was able to muster elite support, and how the level of that support is a lot lower than it seems. Read the article here: https://catalyst-journal.com/2025/04/trumps-takeover-of-the-republicans

Donald Trump has made restoring American industry a priority across his administrations. But rather than continue Biden’s efforts to bolster domestic manufacturing through subsidies, Trump has instituted a series of tariffs intended to reshore former pillar industries and improve US trade balance. In this episode of Confronting Capitalism, Catalyst editor Vivek Chibber and Jacobin contributor Melissa Naschek explore the promises and limits of a state-led industrial growth strategy. While industrial policy has led to success stories around the globe, implementation is often easier said than done when capitalists oppose it.

Among the many government agencies facing cuts from President Trump’s Department of Government Efficiency, USAID has garnered wide support in the media. But for whatever humanitarian good it’s done in the world, the agency has played a role in US imperialism. In this episode of Confronting Capitalism, Vivek Chibber examines the true history of USAID and breaks down the false dichotomy between soft and hard US power.

Within weeks of assuming the presidency, Donald Trump has instituted tariffs on Mexico, Canada, and China. Trump has touted protectionism as a way of supporting American workers. In this episode of Confronting Capitalism, Catalyst editor Vivek Chibber and Jacobin contributor Melissa Naschek discuss how nineteenth and twentieth-century protectionist trade policies helped build domestic manufacturing bases around the world, but why Trump's twenty-first century tariffs are very different. While decades of global free trade have contributed to deindustrialization, workers are not likely to benefit from Trump’s tariffs.

There is no cultural phenomenon more hated today than what is called wokeness. While it is wrongly associated with the Left, the Right is very successfully taking advantage of it. In this episode of Confronting Capitalism, Vivek Chibber traces the political and economic origins of it, and argues that the Left should be at the forefront of criticizing it.

Foregrounding workers’ material interests used to be commonplace among socialists. But as the Left faced decades of defeat, a materialist approach to politics fell out of favor. In this episode of Confronting Capitalism, Vivek Chibber defends materialism from its critics and discusses how a materialist perspective understands rationality, the challenges around collective organizing, and cultural differences. Read the article mentioned in this episode: https://catalyst-journal.com/2024/12/the-flight-from-materialism

In the wake of Kamala Harris's defeat, the Left's association with identity politics has been a major focus of public debate. But what identity politics is or who primarily benefits from it remains contested. In this episode of Confronting Capitalism, Vivek Chibber discusses the Democrats’ long-standing attachment to identity politics, why this form of politics can't fight oppression, and the real history behind struggles for justice.

Bernie Sanders resurrected socialist politics in the United States after many decades of defeat. But what socialism will entail or how we get there remains unclear. In this episode of Confronting Capitalism, Vivek Chibber discusses the difference between social democracy and socialism, how progressives won policies in the past, and where the Left should go after the Bernie moment.