The Trade Guys

On this week's episode of the Trade Guys, we dive into the economic records and agendas of the two major presidential candidates. We also cover the Commerce Department's proposed ban on the import and sale of connected vehicle technologies from China and Russia.

On this week's episode of the Trade Guys, we are lucky to be joined by Scott Kennedy, the Senior Adviser and Trustee Chair in Chinese Business and Economics at CSIS. Discussion topics include the origins of China's economic downturn, Taiwanese investment in China, and what the future may hold for the world's second-largest economy and its trade relationships.

Mario Draghi, former Prime Minister of Italy, shares insights on the shifting landscape of European economic policy. He discusses the new U.S. export controls on advanced technologies, particularly quantum computing, and their impact on global tech transfer. The conversation dives into Europe’s struggles with attracting investment and innovation while fostering competitiveness against U.S. industrial strategies. Draghi also addresses the political complexities surrounding the blocking of Nippon Steel's acquisition of U.S. Steel, highlighting national security and labor interests.

Scott Miller, a Trade Guy and expert in executive education at CSIS, discusses how nations are grappling with trade relationships with China. He highlights Canada’s recent tariffs on Chinese EVs and aligns them with U.S. policies. The conversation dives into the EU's evolving trade dynamics and how India’s hopes of de-risking may fall short of a clean break from China. Miller emphasizes the need for coordinated global responses to tackle the challenges of overcapacity and the complexities of a shifting economic landscape.

Recent polling from the Cato Institute and Pew Research reveals conflicting American views on trade, especially a shift among Republicans. Many believe trade agreements lead to more losses than gains. The podcast dives into the complexities of public opinion shaped by perceptions of fairness and broader economic issues. It also highlights the disconnect between popular sentiment and political actions, while emphasizing the importance of advocating for the benefits of trade and open markets to enhance living standards.

The discussion revolves around the EU's electric vehicle tariffs and the implications of a Chinese challenge at the WTO. Insights are shared about the friction in the EV market between China and Europe, particularly regarding subsidies. Legislative hurdles affecting U.S. trade policies are explored amid potential changes in Congress. Finally, a report highlights the diversification of supply chains away from China, pinpointing emerging opportunities in Mexico and Vietnam amid recent global shifts.

In this episode of The Trade Guys, we talk about the presidential candidates views on trade policy, a recent climate deal that could impact trade policy, and Vietnam’s new NME status by the Department of Commerce. 

On this week's episode of the Trade Guys, we dissect the recent African Growth and Opportunity Act (AGOA) Forum, the Americas Partnership for Economic Prosperity (APEP) trade ministerial in Quito, and the WTO Joint Statement Initiative (JSI) on Electronic Commerce. 

Mark Sobel, a seasoned expert on monetary policy and former U.S. Treasury veteran, dives into the complexities of the U.S. dollar's global dominance. He discusses emerging challengers like the Chinese renminbi and the impact of economic sanctions on currency dynamics. Sobel examines the implications of fluctuating dollar preferences and highlights the importance of sound fiscal policies. He also sheds light on bipartisan hypocrisy in U.S. fiscal responsibility, making a case for more robust economic strategies amidst changing financial landscapes.

On this week's special episode of the Trade Guys, the Asia Society Policy Institute's Wendy Cutler joins to discuss post-election trade policy, IPEF, and USMCA review in front of a live audience at the U.S. Committee for the Pacific Economic Cooperation Council (US-PECC) Policy Forum. This event was recorded on July 17th.