PODCAST · news
Trade Policy Decoded
by IIT / ACITI
Trade Policy Decoded is for anyone with an interest in international trade policy - both experts and trade policy novices. We cover trade policy in Australia and the world.Hosted by the University of Adelaide's Institute for International Trade and the Australian Centre for International Trade and Investment, TPD provides trade policy updates, information and analysis that’s timely, easy to access, super interesting and insightful.
Episodes
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Episode 48: Does Australia Really Need a Statutory Advisory Group?
In this episode of Trade Policy Decoded, Peter and Pru discuss the Trade and Investment Agreements (Consultation) Bill 2026. The bill seeks to create a new ‘Trade Advisory Group’ and prescribe what can and cannot be included in Australia’s new Free Trade Agreements. The discussion compares what’s...
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Episode 47: On the Trail to the U.S.-China Summit with Stephen Olson
In this episode of Trade Policy Decoded, Pru and Peter host Steve Olson in discussing U.S.-China relations in the lead up to this week’s Summit. Tuning in from Bangkok, Steve speaks from an extensive career, some of which was spent in service as a United States Trade Official, as a research…
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Episode 46: Taiwan, Semi-Conductors, and Cross-Strait Relations with Dr Roy Chun Lee
In this episode of Trade Policy Decoded, Pru and Peter host Dr Roy Chun Lee, former Deputy Foreign Minister for Taiwan and current Senior Deputy Executive Director at the Chung-Hua Institution for Economic Research. In tracing recent developments facing Taiwan’s position in the global system…
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Episode 45: Jonathan Fried on U.S-Canada Relations and the future of North American Cooperation
In this episode Peter and Pru host long-time friend and veteran diplomat Jonathan Fried. Jonathan brings decades of experience and insights from a distinguished career including serving as the Canadian ambassador to Japan, Coordinator for International Economic Relations at Global Affairs Canda,...
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Episode 44: Australia’s Export Diversification mission with Austrade’s Jay Meek
Back from travels to Southeast Asia and Taiwan, Peter and Pru regroup to speak to Jay Meek, Austrade’s General Manager for the Trade Diversification Taskforce. Jay walks Trade Policy Decoded listeners through the work of the Taskforce, why it was established and how it is helping Australian…
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Episode 43: Grand Strategy, Global Trade and Global Security with Professor Henry Gao
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...
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Episode 42: The new Australia-EU FTA, with EABC CEO Jason Collins
In this episode of Trade Policy Decoded, Peter and Pru host Jason Collins, CEO of the European Australian Business Council, to discuss the recently concluded Free Trade Agreement between the European Union and Australia. The discussion explores the road to launching, and then concluding, the FTA,...
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Episode 41: MC14 Outcomes on E-Commerce with Pascal Kerneis and Jane Drake-Brockman
In this episode of Trade Policy Decoded, Peter and Pru investigate the latest developments in digital trade with two special guests, Pascal Kerneis, Founder and Managing Director of the European Services Forum, and Jane Drake-Brockman, Founder and Director of the Australian Services Roundtable....
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Episode 40: Canada and Australia's trade responses to Coercive Global Powers: 'Strategic Cousins' or adrift in the same boat? (With Guest Speaker, Ken Ash)
In this week’s episode of Trade Policy Decoded, Peter and Pru host Ken Ash in discussing Canadian and Australian responses to the changing behaviour of major global trading powers. Ken is a visiting fellow at the Institute of International Trade, and has served as the Director General of Economic...
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Australia’s Trade Remedies System: A discussion with Australia’s Anti-Dumping Commissioner David Latina
In this episode of TPD, Peter and Pru talk to David Latina, Australia’s Anti-Dumping Commissioner, about the work of the ADC. The episode delves into the basics of the ADC’s purpose, operations and how business can access ADC services. The discussion explores how the ADC balances various…
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Episode 38: Green Energy Statecraft with Professor Elizabeth Thurbon
In this week’s instalment of Trade Policy Decoded, Pru and Peter host special guest Professor Elizabeth Thurbon to discuss the importance of Green Energy to Australia and newly emerging concepts in Green Energy Statecraft. Having opened and Directed UNSW’s Green Energy Statecraft Project…
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Episode 37: 2026 in Focus: Trade Policy in the Year Ahead
In this first episode for 2026, Peter and Pru look at the key developments likely to impact trade policy in the coming year. They break these down into three areas. The first is US domestic factors likely to constrain President Trump’s trade unilateralism. These include US inflation, US bond and...
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Episode 36: 2025 in Review
Looking back on the year that has been, this episode looks at the key trade policy developments in 2025 – a year dominated by radical shifts in US trade policy. Peter and Pru review some US trade data points to try and identify the impact of President Trump’s tariffs on trade and the extent to...
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Episode 35: In Discussion with Ernst & Young: Australian Business Operations at the forefront of changing Trade Policy
In this instalment of Trade Policy Decoded, Peter and Pru host Cherelle Murphy, EY Regional Chief Economist, Oceania, and Luke Branson, EY Partner and Oceania Global Trade Leader. Cherelle and Luke provide some awesome insights into the real-world impacts of the current trade disruption as well…
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Episode 34: European-Australian Trade Ambitions and the Road Ahead
In this instalment of Trade Policy Decoded Pru and Peter dive into the future of EU-Australia relations and how this field is evolving in today’s changing geopolitical landscapes. Based off of their recent discussions in Bologna, Italy, Trade Policy Decoded brings back insights from forum...
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Episode 33: Update from the World Trade Organisation with Australia’s Ambassador James Baxter
In this episode of Trade Policy Decoded, Peter and Pru talk to Australia’s Ambassador to the WTO, James Baxter, on a range of issues facing the organisation and WTO member responses to President Trump’s trade policies. They canvas WTO member outreach via the Public Forum and key themes discussed…
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Episode 32: The US vision for a post-WTO trade system – ‘Mission Accomplished’?
Standing in Iraq beneath a banner reading ‘Mission Accomplished’, former President George W. Bush proclaimed that ‘major combat operations in Iraq have ended … the United States and our allies have prevailed’. This was 6-weeks after the U.S. bypassed the UN to unilaterally invade the country. It...
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Episode 31: Celebrating the TAR in the time of Trump with Productivity Commission Deputy Chair Alex Robson
The PC’s Trade and Assistance Review (TAR) has measured the costs of tariffs, industry policy and other trade measures on the Australian economy for over 50 years. The TAR’s importance has only increased with the trade chaos caused by President Trump and the revival of industry policy in…
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Episode 30: Decoding President Trump’s elusive “Optimal Tariff”
In this episode of Trade Policy Decoded, Peter and Pru catch up on the latest developments coming out of the United States with a special focus on the Optimum Tariff Theory. The theory can certainly paint a rosy picture for the future of the US economy, but does it hold up against current data?…
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Episode 29: Will US Courts Save us from Trump's Tariffs?
In this episode of Trade Policy Decoded, Pru and Peter provide an update on key trade policy developments over the past fortnight. They delve into the implications of US domestic legal cases aimed at reversing President Trump's Liberation Day and fentanyl tariffs. They also look at other US...
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Episode 28: The European Union and the CPTPP
In this episode of Trade Policy Decoded, Peter and Pru host Fredrik Erixon, a Swedish economist and Founding Director of the European Centre for International Political Economy (ECIPE), in discussing the future of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)…
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Episode 27: The View from Geneva with Professor Lu Xiankun
SPECIAL EPISODE - In this week's instalment of Trade Policy Decoded, Peter and Pru welcome Professor Lu Xiankun, a former senior trade diplomat of China, current Managing Director of the LEDECO Centre Switzerland, and Founder and CEO of the Friends of Multilateralism Group. Together, the team...
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Episode 26: New Trade Landscapes and Australian Futures
In this episode of Trade Policy Decoded, Peter and Pru dive further into the ramifications of the new Trumpian trade policies and their impacts on Australia and the world. The discussion covers some of the current and potential responses intended to deal with the impending 'reciprocal tariffs'...
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Episode 25: Trump's Reciprocal Tariffs (Liberation Day or Destruction Day?)
In this episode of Trade Policy Decoded, Pru and Peter discuss the implications of President Trump's 'Reciprocal Tariffs '. They outline what President Trump announced, the (very few and likely short lived) exemptions, what the tariffs are supposed to achieve, and the (un)likelihood of them…
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Episode 24: Trump, Tariffs, and the Global Order
In this instalment of Trade Policy Decoded, Peter Draper and Prudence Gordon discuss the chaotic state of U.S. policy under the Trump administration. They explore the implications of recent tariff announcements, Trump's potential long-game facing China, and the rest of the world's ongoing…
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Episode 23: Navigating Trump 2.0
In this episode of Trade Policy Decoded, Peter Draper and Prudence Gordon discuss the evolving landscape of trade policy under the Trump administration as it enters 2025. They analyze the implications of Trump's Fair and Reciprocal Plan, the impact of tariffs on global trade, and the potential...
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Episode 22: 2024 In Review
As 2024 comes to a close, Pru and Peter look back on the key themes Trade Policy Decoded explored over the year - as well as their favourite episodes. Trade Policy Decoded is taking a break over Christmas and will be back in mid-Feb 2025 with more great discussion on hot trade issues - of which…
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Episode 21: Implications of the return of 'Tariff Man' - with Prof Andreas Freytag
In this episode of Trade Policy Decoded, Pru and Peter are joined by Professor Andreas Freytag from the Friedrich Schiller University to discuss the trade policy implications of a second Trump Presidency. The conversation traverses President Trump's promised new tariffs as well as the unresolved...
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Episode 20: Australia's Carbon Leakage Review with Prof Frank Jotzo
Measures to reduce domestic carbon emissions at home can impose costs and regulatory requirements on businesses that aren't shared by their international competitors. This can encourage production to move from countries with high emissions reduction standards to countries with low standards - ie...
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Episode 19: Indonesia's Trade Policy under President Prabowo with Dr Harry Wardana
In this episode of Trade Policy Decoded, Pru and Peter are joined by Dr Harry Wardana from the University of Adelaide. Harry presents fascinating insights into Indonesia's vision for its future and the role international trade and investment, particularly trade agreements, will play in that....
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Episode 18: Celebrating the Joint Statement Initiative on Electronic Commerce with ASR’s Holly Dorber
In Episode 18 of Trade Policy Decoded, Peter and Pru speak to the President of the Australian Services Roundtable, Holly Dorber, about the Joint Statement Initiative on Electronic Commerce – commonly known as the JSI. This groundbreaking agreement provides a set of rules and principles guiding…
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Episode 17: Western political earthquakes and a European dog that didn’t bite
In this episode of Trade Policy Decoded, Pru and Peter share the popcorn while chatting about President Biden's decision to step aside as candidate for the US Democratic Party and its implications for US trade policy. They then delve into the populist lean seen in recent European and French...
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Episode 16: The amazing Vangelis Vitalis on the CPTPP and NZ's awe-inspiring approach to trade policy
If you only listen to one podcast on international trade policy this year - make it this one. Pru and Peter talk to Vangelis Vitalis, Deputy Secretary, Trade and Economic, of the New Zealand Ministry of Foreign Affairs and Trade and one of the most experienced and insightful trade diplomats…
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Episode 15: The re-emergence of industry policy and a Future Made in Australia
Countries are increasingly turning back to industry policy in order to meet the climate change challenge and secure national security objectives. In this episode of Trade Policy Decoded, Pru and Peter discuss what industry policy is and the tensions between trade and industry policy. They also...
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Episode 14: Climate Change meets Trade Law - an uncomfortable fit.
Countries are increasingly adopting emissions reduction measures that conflict with international trade law. In this episode of Trade Policy Decoded, Pru and Peter look at some examples, including the EU's CBAM, US Inflation Reduction Act, Chinese Government support for low emissions industries…
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Episode 13: The complex, ever evolving and wonderful world of digital trade
Digital trade has become a foundational part of global trade. Governments are playing catchup as technology and business practices evolve. In this episode, Peter and Pru explore what digital trade encompasses, key digital trade issues for trade negotiators, the US's decision to step back from its...
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Episode 12: India's Trade Policy - an enigmatic evolution.
India's economic settings are increasingly impacted by new opportunities created by geostrategic developments. In this episode of Trade Policy Decoded, Pru and Peter explore the clear signs of India moving forward with new policies and trade agreements aimed at India capitalising on open markets,...
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Episode 11: MC13 and the Future of Rules-based Trade
With the 13th Ministerial Conference (MC13) of the World Trade Organisation recently concluding in Abu Dhabi, Pru and Peter discuss the reasons for the few positive outcomes from the meeting and the increasing challenges to the multilateral system. This includes the possibility of the US...
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Episode 10: Australia's Southeast Asia Economic Strategy to 2040 with Nicholas Moore AO
In this episode of Trade Policy Decoded, Pru and Peter talk to Australia's Special Envoy for Southeast Asia - Nicholas Moore AO about Australia's strategy to develop our economic relationship with Southeast Asia. Former CEO of Macquarie Bank, Nicholas Moore AO does a great job explaining the...
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Episode 9: 2024 Trade Policy Tour d'Horizon
In the first episode of Trade Policy Decoded for 2024, Pru and Peter scan the macro and geoeconomic issues most likely to impact international trade policy over the next 12 months. They then dig down into the impact and implications of these broader factors for Australia's trade policy priorities...
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Episode 8: 2023 - and that's a wrap!
In this episode of Trade Policy Decoded, Pru and Peter cover off on the key trade policy developments in 2023. From China, the winners, losers and unfinished business on Australia's trade negotiation 'dance card', to climate change and war in Ukraine and the Middle East. If 2023 was a trade…
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Episode 7: Understanding the new Values-based Trade Policy
Peter and Pru were joined by special guest, Dr Naoise McDonaugh from Edith Cowan University, to discuss the evolution and impact of 'values-based' trade. The podcast looks into the changing values informing trade policy over the past 30 years and how geopolitical tensions are seeing the values...
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Episode 6: China-Australia trade relations following PM Albanese's and Peter Draper's visit!
Prime Minister Albanese's meeting with President Xi signaled a turning point in the Australia-China relationship. Peter Draper was on the ground in China during the visit. In this week's episode of Trade Policy Decoded, Peter and Pru discuss how the visit was seen in China and Australia, the key...
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Episode 5: Trade and Climate Change - what went down at the ACITI Conference
In this episode, Peter and Pru provide a cheat-sheet on the key arguments that came out of the ACITI Annual Conference on international trade, investment and the climate change challenge. From trade and investment clean energy and tech opportunities, to the reshaping of global markets based on...
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Episode 4: The Australia-European Union Trade Relationship and FTA Negotiations
As negotiations for an Australia-European Union Free Trade Agreement get to the pointy end, Peter and Pru discuss the broader Australia-EU trade relationship, current stumbling blocks in the negotiations and hurdles still to overcome.
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Episode 3: IPEF: A case of the emperor's new clothes or values imperialism?
In Episode 3 of Trade Policy Decoded, Peter and Pru run the ruler over the Indo-Pacific Economic Framework negotiations. Unlike any trade agreement before it, Peter and Pru look at IPEF's focus on creating collaborative arrangements rather than hard and fast commitments. They then get into the...
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Episode 2: Green shoots at the WTO?
Coming to you from the WTO Public Forum in Geneva, this week Peter and Pru bring listeners up to speed on discussions on reform of the World Trade Organisation (WTO) and the WTO's role in managing climate change measures, glimmers of hope for the WTO dispute settlement system, and prospects for…
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Episode 1: Welcome to Trade Policy Decoded, the Australia-China Trade Relationship and Climate Clubs
Hosts Peter Draper from the University of Adelaide's Institute for International Trade and Pru Gordon from the Australian Centre for International Trade and Investment introduce their new podcast - Trade Policy Decoded. They then delve into the Australia-China trade relationship and the growth of...
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ABOUT THIS SHOW
Trade Policy Decoded is for anyone with an interest in international trade policy - both experts and trade policy novices. We cover trade policy in Australia and the world.Hosted by the University of Adelaide's Institute for International Trade and the Australian Centre for International Trade and Investment, TPD provides trade policy updates, information and analysis that’s timely, easy to access, super interesting and insightful.
HOSTED BY
IIT / ACITI
CATEGORIES
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