Geopolitics

Halfway 2025: How to read two quarters under Trump 2.0

July 7, 2025 • by Richard Baldwin in Geopolitics • Podcast availablePodcast available

The mid-year economic outlook: How to read the first two quarters of Trump...

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Richard Baldwin delves into the Trump administration, and what to glean from months of economic madness.


Looking ahead, Richard discussed how trade and tariffs will directly impact businesses, from small enterprises to large corporations, and what business leaders can do to mitigate risk potential regional variations and sector-specific impacts.

Authors

Richard Baldwin

Richard Baldwin

Professor of International Economics

Richard Baldwin is Professor of International Economics at IMD. He founded the VoxEU.org economic policy portal and served as its editor-in-chief until the end of 2025. He also served as director and then president of the Centre for Economic Policy Research (CEPR). His books include The Great Convergence: Information Technology and the New Globalization (2016) and The Globotics Upheaval: Globalization, Robotics, and the Future of Work (2019).

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