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Global Economy Podcast

Episode 93: The US trade policy and America’s role in the world economic order with Keith Rockwell and Stuart Harbinson

Global Economy Podcast

ECIPE

Business

4.25 Ratings

🗓️ 21 June 2023

⏱️ 52 minutes

🧾️ Download transcript

Summary

In this episode, Fredrik Erixon talks to Keith Rockwell and Stuart Harbinson about the US trade policy and America’s role in the world economic order, specifically, how does the Biden administration think about trade? Keith M. Rockwell is a Senior Research Fellow at the Hinrich Foundation. Before...

Transcript

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0:00.0

Welcome to ESOP's Global Economy podcast. My name is Frederick Erickson. And today we're going to talk about US trade policy. More specifically, what is US trade policy today and how does the Biden administration

0:22.6

think about trade and America's role in the world economic order?

0:26.6

In late April, Jake Sullivan, Biden's national security advisor, gave an important speech at the Brookings

0:33.6

institutions about renewing America's economic leadership and the key

0:38.3

tenants of Biden administration's view on international economic policy. To explain its trade and

0:45.1

industrial policy and how the US is revaluing its support for international trade rules,

0:51.2

Sullivan reached for the example of architectural avant-godism. He said,

0:55.8

in our quote, the way that we're going to build an international economic architecture is not

1:01.9

going to be with Parthenon-style clear pillars as we did after the end of the Second World War,

1:07.6

but something that feels a little bit more like Frank Gary, end quote.

1:13.5

Google Frank Gary, if you don't know who he is, and you will get a good image on what Sullivan

1:17.7

has in mind for the international economic architecture. For those of you, less interested in

1:24.1

forms and architectural imagery. The key message from Jake Sullivan was that the

1:29.1

administration will continue to seek new ways to boost industry and that is not going to lose

1:35.7

any sleep over its dismissive attitude to trade rules and the absence of any substantial

1:41.4

trade policy in America today. With me to discuss Sullivan's speech and help me to decipher U.S. trade policy,

1:48.8

I have two highly experienced experts, Keith Rockwell and Stuart Harbenson,

1:53.4

also published a blog on exactly this topic,

1:56.2

and we'll put a link to that blog in the show notes.

1:59.8

Keith was for many years the director of the information and external relations division

2:04.7

at the World Trade Organization and was its chief spokesperson.

2:09.8

He's now with the Wilson Center and the Inris Foundation.

...

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