The Nike Economy: Why Vietnam Is America’s Hidden Factory Floor Image

The Nike Economy: Why Vietnam Is America’s Hidden Factory Floor

10 April 2025 - 33 mins
Podcast Series The David McWilliams Podcast

What do Nike runners, IKEA furniture, and half a million Vietnamese workers have in common? They’re all caught in the crossfire of Trump’s tariff tantrum. This week, we trace the hidden supply chains behind the global economy, from Vietnam’s rise as a manufacturing powerhouse to how a sneaker company now employs more people abroad than Ford and GM do at home. We break down how the MAGA tariff regime threatens to crater entire economies, sour U.S. relations in Asia, and hand China the long game. Plus, what it all means for Ireland, Africa, and the American empire itself. Are we witnessing a pivot, or a pullback from the world stage?  Hosted on Acast. See acast.com/privacy for more information...

33 mins

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