As the world's largest economy increasingly leans toward protectionist trade policies, global economic dynamics are set to undergo significant changes. With a new U.S. administration poised to take office on January 20, trade strategies are expected to become more radical, potentially reshaping international markets.
In a recent episode of BizTalk, CGTN's Guan Xin engaged with a panel of esteemed experts to dissect the implications of these evolving U.S. trade policies. Joël Ruet, founder and chairman of The Bridge Tank, Warwick Powell, adjunct professor at Queensland University of Technology and senior fellow at Taihe Institute, Xing Yuqing, professor of economics at the National Graduate Institute for Policy Studies in Tokyo, and Liu Baocheng, dean of the Center for International Business Ethics at the University of International Business and Economics, shared their insights on the shifting global landscape.
The discussion delved into how protectionist measures might influence emerging markets, the potential for tech innovation amidst trade tensions, and the broader implications for global governance systems. The experts also reflected on necessary reforms and adjustments within international institutions to better navigate the new trade realities.
As nations grapple with these changes, the conversation highlighted the importance of adaptability and collaboration in maintaining economic stability and fostering sustainable growth. The episode provided a comprehensive overview of the challenges and opportunities that lie ahead for the global economy.
Reference(s):
cgtn.com
