Isaac Stone Fish, CEO of Strategy Risks and expert in geopolitical analysis, dives into the seismic shifts in global trade dynamics as Trump returns to power. He reveals Ford's deep ties with China and contrasts that with Tesla's success in the electric vehicle race. The discussion highlights how U.S. corporations must navigate tense U.S.-China relations while managing risks and reassessing partnerships in a volatile landscape. Fish also emphasizes the evolving role of chief risk officers amidst these challenges, particularly in industries like biotech.
37:09
forum Ask episode
web_stories AI Snips
view_agenda Chapters
menu_book Books
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Shifting Political Priorities
Both Democrats and Republicans prioritize domestic manufacturing and American jobs.
This shift reflects a broader sentiment change beyond just the upcoming Trump administration.
insights INSIGHT
The 'Pre-War' Period
The shift towards domestic focus isn't a sudden change but a gradual trend.
A more significant change is anticipated, potentially leading to escalating tensions with China.
question_answer ANECDOTE
Ford's China Entanglement
Ford's high ranking on the SR250 demonstrates the deep entanglement of American capitalism with China.
This entanglement happened quickly and became normalized, impacting even iconic American companies.
Get the Snipd Podcast app to discover more snips from this episode
Published in 1949, 'China Shakes the World' is a seminal work by Jack Belden that offers a balanced and insightful view of the Chinese Civil War. Belden spent time with the army, guerrillas, and peasantry, documenting their stories and experiences. The book highlights the Communist Party's efforts to establish a new type of government, distinct from both Soviet Russia and the Kuomintang, and focuses on the impact of land reform and the battle between big landlords and peasants. Despite initial low sales, the book gained recognition as a classic in the 1960s, particularly after its reissue with an introduction by Owen Lattimore.
The Washington Consensus of the past few decades that called for open markets, free trade and reduced regulation will officially die on Monday as Trump re-takes the presidency with a radically different economic program. Free trade is out and tariffs are in; globalization is dead and national sovereignty is the rule of the day. Such a change has massive implications for companies all around the world, many of whom have designed their corporate strategies for a global world. Who is affected, particularly when it comes to U.S.-China relations in the years ahead?
That’s where Isaac Stone Fish comes in. He’s the CEO and founder of Strategy Risks, a data and research company that helps companies and regulators understand and reduce alternative forms of risk. He’s particularly noted for his China expertise, and his firm publishes the SR250 ranking, which highlights the largest American companies with the deepest ties with China, encompassing everything from financing and supply-chain interlinkages to public communications.
Fish joins host Danny Crichton and Riskgaming director of programming Laurence Pevsner to talk about Trump’s imminent arrival, why Ford is the most China-entwined company in the U.S., how China overtook the U.S. in electric vehicles, why American defense contractors are surprisingly engaged in China trade, why we might already be at war with China, how CEOs are managing these new strategic risks and finally, what the biotech and social media industries must do going forward in a more fractured world.
Riskgaming 