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Sep 5, 2025  |  
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NextImg:Schiff, Johnson, Collum On Trump’s Trade Wars

Will Trump’s trade moves prove brilliant or blow up in America’s face? ZH readers likely know where die-hard Austrian Peter Schiff stands: as the world’s largest importer, the U.S. has no cards to play. But as Brent “Dollar Milkshake” Johnson has long argued, “the world isn’t Austrian”, the dollar’s network effect will not easily be broken, and sometimes American belligerence works… whether we like it or not.

Tonight at 7pm on the ZH home and X account, the two will duke it out while the great Dave Collum moderates.

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Ahead of the debate, here’s where Trump’s tariff (and threat of tariffs) stand with some of the largest U.S. trading partners:

We'll see you tonight at 7pm ET, right here on the ZH homepage and X account. It will also stream via our YouTube