In this episode of SparX, Mukesh Bansal sits down with Neelkanth Mishra, Chief Economist at Axis Bank, to unpack the chaos behind Trump’s tariff wars and what it means for the global order.

They explore why these moves aren’t just about trade, but about four bigger objectives. Covering various topics from stagnant U.S. wages and life expectancy gaps to America’s renewed manufacturing drive for national security, this episode talks about the forces influencing today’s shifting geopolitical landscape.

They discuss whether tariffs can deliver on revenue goals, the risks of a trade war, and how a “might is right” continues to dominate global economics. Neelkanth dives into why a dollar devaluation may be inevitable, what history teaches us, and why China as a near-equal opposer changes the game.

Whether you’re an investor, policy enthusiast, or curious about the future of money, power, and global stability, this episode offers a lens into the economic strategies that could rewrite the world order.