For the second episode of Budapest, I was joined by Cecilia Malmström — former MEP, European Commissioner, and Swedish EU Minister — one of the key figures in European Union trade policy over the past two decades.
Trade was long conceived as a strategy to strengthen bonds between countries, and helped hundreds of millions come out of poverty. When did it become a means for aggressive foreign policies? Together with Cecilia, we explore international trade — its potential for the EU and beyond — despite the populist fantasy of self-sufficient national economies.
In this episode:
∙ Trade as a weapon
∙ European commercial policy: what we are doing right or wrong
∙ The true impact of Donald Trump’s tariffs on our economies
∙ Which countries are still benefiting from WTO
∙ The legacy of populism on international trade
With reason, not rage.
Timestamps
1:33 – What Budapest means to Cecilia Malmström
2:55 – Trade: from tool for cooperation to its weaponization
7:32 – Can the EU still act as one?
12:55 – The new relationship with NATO
14:48 – How the EU is handling tariffs and why it’s hard to negotiate with Donald Trump
21:13 – The Airbus affair
24:00 – The US no longer like us: can we still be friends?
25:15 – How the WTO is doing and how China is benefiting from it
29:48 – Populists are manipulating Mercosur
40:41 – We need to see positive benefits of trade in domestic policies
46:44 – Do not obey in advance
Author and host: Ivan Scalfarotto
Editor and social media: Ludovica
Taurisano
Graphic designer: Paola De Bartolo
Visual identity: Martina Santurri
Sound designer: Enrico Cabua