In this episode of Trade Policy Decoded, Peter and Pru host Professor Henry Gao, a trade expert and Professor of Law at Singapore Management University.
As a review of recent global and trade-world developments, discussion looks into the Reciprocal Tariffs Act and its effects, both temporary and lasting, on trade dynamics between the U.S. and its partners. Honing in on Australia’s neighbourhood, this episode also looks at the intended effects of the increasing tariffs beyond the headlines as a potential element of America’s ongoing Grand Strategy facing China.
Professor Gao provides deep analysis on how global trade and national security are inextricably intertwined, and sifts through ‘optics’, ‘substance’, and what matters for the region in the wake of recent talks between the U.S. and China.
Managing competition and decreasing the chance of escalation may be the best that can be hoped for where new Cold Peace dynamics are entering the global stage. Given this, this episode focuses on how we might choose to read into recent U.S. actions in Venezuela and Iran, and what the role of major trading powers such as the EU can be moving forward.
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