Trade Knowledge Matters is a fortnightly podcast under the Trade Knowledge Exchange, an initiative that brings together partner organisations across three conti...
Trump Wins: Trade Strategy Under His Administration
In this episode of Trade Knowledge Matters, Amar discusses with Meredith Lilly, Professor and Simon Reisman Chair in International Economic Policy, Carleton University and Simon Lester, Founder, WorldTradeLaw.net and China Trade Monitor. He is also a non-resident Fellow at the Baker Institute. They delve into the implications of the recent US elections on global trade policy, particularly focusing on tariffs under the Trump administration.
Key Takeaways
Trump's administration views tariffs as a multipurpose economic tool.
The proposed tariffs could significantly impact American households.
Canada and Mexico are particularly vulnerable to US tariff policies.
Risk mitigation strategies are essential for trade partners.
The USMCA provides a framework for ongoing trade negotiations.
Digital services taxes may provoke US retaliation.
China's trade practices will be a focal point in negotiations.
Chapters
00:00 Introduction to Trade Policy Post-Elections
02:35 Trump's Tariff Strategy and Its Implications
05:01 Routes for Tariff Implementation
07:56 Impact of Tariffs on Canada and Mexico
10:41 Risk Mitigation Strategies for Trade Partners
13:00 Negotiation Strategies with the Trump Administration
15:33 USMCA: Challenges and Opportunities
18:18 Future of USMCA and Trade Relations
26:20 Leveraging Canada's Energy and Resources
32:14 The Role of Services in Modern Trade Policy
40:33 Emerging Trade Clubs and Global Trade Governance
47:28 The Future of USMCA and Global Alliances
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50:33
Critical Minerals in Trade: Policy Choices and Pathways for Sustainable Growth
In this episode of Trade Knowledge Matters, Amar discusses with Kimberley Botwright, Head of Sustainable Trade, World Economic Forum, and Sunayana Sasmal, Research Fellow in International Trade Law, UK Trade Policy Observatory at the University of Sussex. They delve into the significance of critical minerals in modern trade policy, exploring its role in economic development, environmental sustainability, and international cooperation. They cover:
The challenges faced by resource-rich countries in accessing markets and moving up the value chain
The importance of investment in processing
The potential role of the WTO in facilitating trade rules
And more
Key Takeaways
Critical minerals are essential for modern industrial applications.
The definition of critical minerals varies by country and context.
Access to critical minerals is crucial for both economic and military applications.
Developing countries face challenges in managing resource wealth.
Investment in processing capacity is vital for resource-rich countries.
Export restrictions can hinder market access and investment.
The WTO plays a significant role in trade negotiations and dispute resolution
Chapters
00:00 - Introduction to Critical Minerals and Trade Policy
02:58 - The Importance of Critical Minerals in Modern Economy
05:00 - Balancing Access and Value Chain Development
11:06 - Investment Challenges and Development Finance
16:24 - The Role of WTO in Trade Rules and Critical Minerals
21:49 - Bilateral Agreements and International Cooperation
31:29 - Circularity and ESG Standards in Trade Policy
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LinkedIN: Trade Knowledge Exchange
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37:19
US Trade Policy in a Global Context
To kick off Season 4 of Trade Knowledge Matters, we look at US Trade Policy. Amar sits down with William (Bill) Reinsch. Bill holds the Scholl Chair in International Business at the Center for Strategic and International Studies (CSIS) and also co-hosts a podcast, Trade Guys.
This episode delves into the complexities of US trade policy, examining the shifts in bipartisan consensus, the impact of economic security on trade decisions, and the evolving narratives within political parties. The discussion highlights the implications of tariffs, friend shoring, and sectoral concerns, while also addressing the challenges of market access and much more.
Chapters
00:00 Introduction to US Trade Policy
02:57 Shifts in Bipartisan Trade Consensus
06:10 Drivers of Trade Restriction in the US
09:07 Evolution of Trade Narratives in Political Parties
12:01 Economic Security and Friend Shoring
14:50 Key Sectors of Economic Security Concern
18:10 Assessing Policy Interventions for Economic Security
20:57 Market Access Challenges in US Trade Policy
24:08 Sectoral Engagement in Trade Negotiations
27:04 Carbon Emissions and Trade Policy Intersection
29:51 Digital Trade Dynamics and US Policy Changes
33:10 Developing a Positive Trade Narrative
You can find and listen Bill on his podcast, Trade Guys.
Follow us on:
Twitter: @TKENews
LinkedIN: Trade Knowledge Exchange
Check out our website.
Also, we would like to hear from you, our listeners! Send us an email, [email protected]
Please, rate, review, share and subscribe to our podcast.
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38:14
WTO@30: Reflections on its Successes and Challenges
On this episode of Trade Knowledge Matters, Amar discusses with Hiddo Houben, Deputy Head of the Permanent Mission of the European Union to the WTO, and Alicia Nicholls, International Trade Specialist and Research Fellow at the Shridath Ramphal Centre for International Trade Law, Policy and Services at the University of the West Indies in Barbados. Discussions on the WTO, reflecting on its 30 years of operation, the evolving landscape of global trade and the critical issues shaping its future. From the challenges faced by the WTO in upholding multilateralism to the nuanced discussions on trade and environmental policies, we delve into the complexities and opportunities that lie ahead.
Key Topics:
The WTO's Legacy and Future
The Role of Multilateralism
Trade and Environmental Policies
Special and Differential Treatment (S&D)
Transparency and Technical Assistance
You can look over the 30 years of the WTO, here!
Follow us on:
Twitter: @TKENews
LinkedIN: Trade Knowledge Exchange
Check out our website.
Also, we would like to hear from you, our listeners! Send us an email, [email protected]
Please, rate, review, share and subscribe to our podcast.
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47:05
India and Global Trade Challenges
In this episode of Trade Knowledge Matters, Amar discusses with Dr Anirudh Shingal, Professor, S. P. Jain Institute of Management and Research and Stuti Toshi, Trade and Investment Lawyer, on India's role in international trade and its approach to global trade challenges.
Some Takeaways:
India is an important actor in the international trading system and a top global exporter of services.
India has been a relatively reluctant participant in international trade rulemaking.
The challenges and opportunities for India in the current state of flux in international trade include market access difficulties and the potential for decoupling from China.
India's position in multilateral trade rules and the WTO is discussed, with a focus on its consistency with India's actual position in international trade.
And more
Check out our website.
Also, we would like to hear from you, our listeners! Send us an email, [email protected]
And share with us your comments, thoughts or even perspectives on our episodes.
Please, rate, review, share and subscribe to our podcast.
Trade Knowledge Matters is a fortnightly podcast under the Trade Knowledge Exchange, an initiative that brings together partner organisations across three continents to supply objective analysis on international trade matters. We discuss international trade and the challenges it faces, policy insights and analysis of international trade policy, specifically exploring UK trade policy.