Cross-border Tax Talks Geopolitics, Protectionism, and the Future of Global Commerce
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Aug 12, 2025 In this enlightening discussion, Craig Stronberg, Senior Director of PwC Intelligence and former national security expert, shares insights on the shifting landscape of U.S. global policy and rising powers like BRICS. He dives into the complexities of protectionism, globalization debates, and how multinational firms navigate uncertainty through risk management and scenario planning. They also explore the surprising link between national happiness and trade success, emphasizing that prioritizing citizen well-being can unlock significant growth opportunities.
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U.S. Policy Unpredictability
- The U.S. has shifted toward persistent protectionism across administrations, making its policy less predictable for global partners.
- This unpredictability forces countries and companies to re-evaluate alliances, investments, and supply chains.
BRICS And The Global South Rising
- BRICS and the Global South are coalescing into a meaningful geopolitical alternative to Western-led institutions.
- Many developing countries refused to isolate Russia after Ukraine, demonstrating emerging global South influence.
Geopolitics Could Spoil AI Cooperation
- Geopolitics can become the spoiler for AI by turning technological competition into a security race.
- That shift risks discarding collaborative safeguards in favor of rapid, potentially unsafe development.