FP at MSC: How to Navigate a Trade War episode artwork

EPISODE · Feb 13, 2026 · 33 MIN

FP at MSC: How to Navigate a Trade War

from Foreign Policy Live · host Foreign Policy

U.S. tariffs have upended decades of trade policy, but new U.N. data shows that the economies suffering most are those that can least afford a setback. At the Munich Security Conference (MSC), FP’s Ravi Agrawal hosted a panel on the trade wars, with policymakers on the front lines of these economic changes: Ngozi Okonjo Iweala, the director-general of the World Trade Organization; Finnish President Alexander Stubb; German Vice Chancellor Lars Klingbeil; and U.S. Sen. Thom Tillis.  Follow FP’s MSC coverage here. Wendy Cutler: How Countries Should Respond to Trump’s Tariffs Keith Johnson: Tariffs Have Hurt, Not Helped, the U.S. Economy Rishi Iyengar: EU Don’t Need U.S.? Ramon Pacheco Pardo and Robyn Klingler-Vidra: Middle Powers Don’t Have to Work Together to Get Ahead Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. tariffs have upended decades of trade policy, but new U.N. data shows that the economies suffering most are those that can least afford a setback. At the Munich Security Conference (MSC), FP’s Ravi Agrawal hosted a panel on the trade wars, with policymakers on the front lines of these economic changes: Ngozi Okonjo Iweala, the director-general of the World Trade Organization; Finnish President Alexander Stubb; German Vice Chancellor Lars Klingbeil; and U.S. Sen. Thom Tillis.  Follow FP’s MSC coverage here. Wendy Cutler: How Countries Should Respond to Trump’s Tariffs Keith Johnson: Tariffs Have Hurt, Not Helped, the U.S. Economy Rishi Iyengar: EU Don’t Need U.S.? Ramon Pacheco Pardo and Robyn Klingler-Vidra: Middle Powers Don’t Have to Work Together to Get Ahead Learn more about your ad choices. Visit megaphone.fm/adchoices

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FP at MSC: How to Navigate a Trade War

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This episode was published on February 13, 2026.

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U.S. tariffs have upended decades of trade policy, but new U.N. data shows that the economies suffering most are those that can least afford a setback. At the Munich Security Conference (MSC), FP’s Ravi Agrawal hosted a panel on the trade wars, with...

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