Articles mentioned:

“I’ve seen many phoney trade wars come and go. This is the real thing”

https://www.theguardian.com/commentisfree/2025/apr/09/trade-war-donald-trump-us-china

“‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started”

https://www.nytimes.com/2025/04/07/business/china-manufacturing-exports-trump-tariffs.html

“On the Question of Free Trade”

https://www.marxists.org/archive/marx/works/1888/free-trade/index.htm

“Trump’s tariff programme deepens protectionist tendencies in world economy”

https://marxist.com/trump-s-tariff-programme-deepens-protectionist-tendencies-in-world-economy.htm

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Last week, Trump’s tariffs delivered a shattering blow to the world economy, sending stock markets around the world into precipitous collapse. This week, he U-turned and paused the tariffs, with the exception of those on China, which now stand at 125 percent. What does this chaos mean for the world economy?

The reversal of the tariffs has provoked a sigh of relief from the capitalist class. But it is not over yet. With the two biggest economic forces on the planet – America and China – going head to head, the globalised world economy is going to be ripped apart. This will only bring closer and intensify the devastating recession that is looming over the capitalist system.

For the working class of the world, this will be a catastrophe. They will be forced to pay the price, while the capitalist politicians will do everything they can to bail out the bankers and billionaires that got us into that mess. Unemployment and brutal cuts to living standards are coming. Already, in their dash to remilitarise, governments around the world are implementing brutal austerity programmes. The ripping apart of the world economy will only intensify matters and force capitalist governments to cut even deeper.

But, as we have already seen with the revolutions and mass movements in Bangladesh, Sri Lanka, Kenya, Serbia, Greece and elsewhere, the working class will not take this lying down. The capitalist disaster is preparing a social explosion. Such chaos will force the working class to wake up to the fact that a dignified existence is incompatible with the continued rule of capitalism.

To explain how the anarchy of the market can be overthrown, Niklas Albin Svensson and Hamid Alizadeh from the International Secretariat of the Revolutionary Communist International met for another episode of Against the Stream, the weekly current affairs podcast of the RCI.

This episode premiered on YouTube. Tune in every Thursday at 6pm GMT, or catch up on Spotify or Apple Music.

Donald Trump’s sweeping tariff announcements have set the cat amongst the pigeons in the world market. In France, the hypocritical establishment is celebrating the sentencing of right-wing demagogue Marine Le Pen in court on flimsy charges. Meanwhile in the Middle East, the leader of the PKK has called on its Kurdish guerilla fighters to lay down their arms.

Globalisation is now rapidly unravelling, with tariffs threatening to dramatically tear up supply chains internationally. But any attempt by the US or other powers to export the burden of their crisis-ridden economies through protectionism will do nothing to solve the fundamental bankruptcy of the capitalist system.

Meanwhile, although the liberal establishment wax lyrical about the virtues of ‘democracy’, they have shown themselves time and again to be perfectly willing to give up on these treasured principles if it suits them. In the US, Romania and now also in France, maverick candidates outside of the traditional political elite have been targeted by legal campaigns and accusations of corruption. While we do not agree with Le Pen, communists have a duty to call out the rank hypocrisy of the liberals that accuse her and similar figures of threatening democracy.

For some time, the struggle for Kurdish self-determination has inspired many on the left internationally. The PKK, the main military and political force among Kurds, however, has now been called upon by its leadership to lay down their arms. This is an utter capitulation on the part of the PKK leaders and represents a policy of capitulation to capitalism and imperialism, rather than the struggle against them.

The greatest tools in a communist’s arsenal are our ideas. Without these it is too easy to get caught up in the constant whirlwind of events facing us in the world today. To untangle some of this week’s biggest news stories, and get to the essence of these events, Fred Weston and Hamid Alizadeh from the International Secretariat of the Revolutionary Communist International met for another episode of Against the Stream, the weekly current affairs podcast of the RCI.

This episode premiered on YouTube. Tune in every Thursday at 6pm GMT, or catch up on Spotify or Apple Music.

Against the Stream, weekly current affairs podcast of the Revolutionary Communist International, at 6pm GMT every Thursday to discuss the latest developments in the world crisis of capitalism.

YouTube: https://youtu.be/ljKETosTl9s

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