Ep. 41: Trade Under Pressure: Tariff Narratives, China, and Global Whiplash

In the latest episode of the Friday Exchange, our trade insiders examine mounting pressures on the global trading system that is getting squeezed like a tube of toothpaste, as geopolitical tensions and supply chain disruptions reshape priorities. With conflict in the Gulf tightening energy supplies and economic stability taking precedence, countries across Asia and Europe are stepping back from new trade deals. The discussion explores stalled negotiations, uncertainty surrounding Section 301 actions, and growing skepticism among U.S. partners facing fertilizer shortages, inflation, and shifting policy demands. Our panel also dives into mixed signals in Southeast Asia, Vietnam’s unexpected position in the spotlight, and what path remains toward stability in this fragile moment for global trade.Featured Speakers:Introduction: Kenneth Levinson, CEO, WITA – The International Trade AssociationWendy Cutler, Senior Vice President, Asia Society Policy Institute; former Acting Deputy U.S. Trade RepresentativeEd Gresser, Vice President & Director for Trade & Global Markets, Progressive Policy Institute; former Assistant U.S. Trade Representative for Trade Policy and Economics - author of the Trade Fact of the WeekDaniel Mullaney, Non-Resident Senior Fellow, Atlantic Council; former Assistant U.S. Trade Representative for Europe and the Middle EastJoe Damond, Non-resident Senior Associate at Center for Strategic and International Studies (CSIS) in their Southeast Asia program; former Deputy Assistant USTR for Asia