Bloomberg Surveillance

Single Best Idea with Tom Keene: Wendy Schiller & Angela Stent

Feb 13, 2025
Dive into the intriguing evolution of reciprocal trade agreements and their impact on global politics. Discover how recent shifts in U.S. foreign policy challenge traditional tactics, especially regarding engagement and military intervention. The discussion also highlights the nuanced relationship with Russia amidst ongoing tensions in Ukraine. Additionally, explore the intersection of foreign policy and digital innovation that shapes modern discourse.
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INSIGHT

Reciprocal Trade

  • Reciprocal trade, unlike older trade agreements, focuses on matching tariffs country by country.
  • This represents a shift from broader agreements like GATT and the WTO.
INSIGHT

Foreign Policy Shift

  • The current US foreign policy approach represents a departure from previous administrations' engagement strategies.
  • It resembles the isolationism of the 1940s Southern conservative Democratic Party.
INSIGHT

Negotiation Tactics

  • Trump and Hegseth's statements on Russia seemingly concede key points before negotiations even begin.
  • This contradicts the negotiation strategy outlined in "The Art of the Deal."
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