Finance Book Club - How To Win A Trade War

Welcome to Finance Book Club, a club focused on books about finance, the world economy, and everything in between. Join to delve into thoughtful discussions about the forces impacting our world today. For this month's meeting, we'll be going over How To Win A Trade War: An Optimistic Guide to an Anxious Global Economy by Soumaya Keynes and Chad P. Bown. Bring your thoughts and reflections! "An irreverent and invaluable guide to our new era of economic competition, written by Financial Times columnist and podcaster Soumaya Keynes and Chad P. Bown of the Peterson Institute for International Economics. We used to take trade for granted. Trillions of dollars of goods and services crossed borders each year, made possible by a global, rules-based system. Nobody paid too much attention to supply chains: they just worked. Now we are in an era of trade conflict and can no longer avoid the fight. Trump's latest tariff announcement can jolt markets, push prices up, and sour decades-long alliances. China's export restrictions on rare earths could bring the West's car production to a halt. Curbs on trade in cutting-edge chips could determine who wins the AI race. Keynes and Bown argue that the rules of the game have been abandoned, and a different strategy is needed. Yearning for the old approach to start working again isn't an option. Countries must adapt, which means learning from history, economics, and from each other—including China. The stakes couldn't be higher.

Last updated October 17, 2026