Carl Zha on Tariffs: Why China Won and the U.S. Lost

In this episode, I speak with Carl Zha about the deeper meaning behind the U.S.–China tariff war and why China ultimately won while the United States lost. We break down the economic logic, political strategy, and global consequences of this turning point in world history.

🔴🔴🔴Support Independent media to remain bold: https://patreon.com/IndiaGlobalLeftLink for donation: https://paypal.me/sankymudiar🔴🔴🔴We discuss how the tariff war exposed the structural difference between America’s finance-capitalist economy and China’s industrial, state-guided mixed economy—and why this allowed China to absorb pressure, protect its industries, and even strengthen its global position. Carl explains how U.S. policy backfired, hurting American manufacturers, consumers, and agricultural producers, while China leveraged long-term planning, supply-chain depth, and industrial policy to outmaneuver Washington.We also explore what this historic moment means for the Global South, as the “West loses for the first time in 300 years,” and how it signals the weakening of the Western imperial economic order. Carl examines how the unraveling of U.S. industrial power has fed into domestic political turmoil—especially the rise (and limits) of the MAGA movement—as America confronts the end of its economic dominance.This conversation goes beyond tariffs to uncover the deeper shifts in global power, the crisis of Western capitalism, and China’s emergence as a pole in a new, multipolar world.🔴🔴🔴Follow us on Substack: https://substack.com/@indiagloballeftTwitter: https://twitter.com/Indiagloballeft Instagram https://www.instagram.com/indiagloballeft/ Facebook: https://www.facebook.com/profile.php?id=61559411353392Spotify: https://open.spotify.com/show/69Y9iCWUv8ha3ATsPWtWk0?si=ee1f0de3de094f17Telegram: https://t.me/+WNlqoiv1Rhg5NjEx