Chatham House Events’ Post

🚀 Around The Corner: In this week’s episode of our video series, our Policy & Government Relations Manager, Vijai Kumar Singh, dives into his latest blog: "Canada’s Industrial Strategy: Responding to US Tariffs."   With Trump’s possible looming tariffs and a protectionist America reshaping global trade, Vijai explores how Canada can build resilience and foster innovation through a bold, unified industrial strategy. From diversifying trade partnerships to scaling advanced manufacturing and clean tech, the time for visionary action is now.   Read the full blog here ➡️ https://buff.ly/3OkeyZV   📩 Have ideas or questions? Connect with us in the comments or send us a message!   #AroundTheCorner #AdvocacyInAction #BBOT

The election of Donald J. Trump in 2024 has the potential to influence APEC (Asia-Pacific Economic Cooperation) trade dynamics, particularly given his focus on renegotiating trade deals and prioritizing American economic interests. Trump’s previous term saw a move toward bilateral trade agreements and a cautious approach to multilateral trade agreements, so his new administration might similarly advocate for U.S.-focused policies, potentially affecting existing APEC trade relationships. APEC members might anticipate shifts in tariffs, supply chains, or trade policies, especially with a renewed focus on protecting domestic industries. Countries within APEC could seek adjustments in trade approaches with the U.S., which may lead to modified trade strategies or new negotiations to align with the Trump administration’s policies.

We recently organized an engaging session on 'Geopolitics & the State of Trade' at KPMG's Lakehouse. We extend our gratitude to Zack Cooper from Armitage International for delivering a comprehensive analysis of the current trade landscape. Specifically, during the session, we explored various administrations' perspectives on trade policy and potential day 1 actions. A few key takeaways included: •Trump Administration: Potential for increased tariffs on China, immediate tariff measures on Europe, and efforts to bolster the USMCA agreement. •Harris Administration: Continue tough, targeted measures on China, unlikely to turn attention onto Europe, criticism of the USMCA, and pursuit of new trade agreements with Taiwan and the Indo-Pacific. The session offered valuable insights into how these policies could impact businesses and the broader trade environment. Stay tuned for more for more insights! Feel free to reach out to our team with any questions! 📊 #KPMGTC #KPMGTradeCustoms #KPMGGlobalTrade #TradeAndCustoms #GlobalTrade #Geopolitics #TradeAgreements 🌍📈📊

Countries frequently enter into international agreements and memberships in organizations such as the World Trade Organization (WTO) or regional trade blocs. While these agreements can provide economic benefits, they often come with strict regulations that limit a country's policy options. For instance, commitments to free trade can restrict a government's ability to impose tariffs or subsidies that protect local industries. The trade-off between gaining economic advantages and losing sovereignty is a critical consideration for policymakers

In this latest Flint blog, our trade experts Sam Lowe, William Haworth and Kathryn Watson assess the options available to the EU and UK to protect against a potential Trump trade agenda. Read here https://lnkd.in/eTd_ynVE

Hello Friends, We recently hosted an insightful session on 'Geopolitics & the State of Trade' at KPMG's Lakehouse in Orlando. A big thank you to Zack Cooper from Armitage International for providing an in-depth analysis of the current trade landscape. Specifically, we learned about the different administration’s view on trade policy and potential day 1 actions. A few key takeaways included: •Trump Administration: Potential for increased tariffs on China, immediate tariff measures on Europe, and efforts to bolster the USMCA agreement. •Harris Administration: Continue tough, targeted measures on China, unlikely to turn attention onto Europe, criticism of the USMCA, and pursuit of new trade agreements with Taiwan and the Indo-Pacific. The session offered valuable insights into how these policies could impact businesses and the broader trade environment. Stay tuned for more for more insights! Feel free to reach out to our team with any questions! #KPMGTC #KPMGTradeCustoms #KPMGGlobalTrade #TradeAndCustoms #GlobalTrade #Geopolitics #TradeAgreements 🌍

We had a short and (bitter)sweet discussion on the role of media in public perception and reporting on economy and trade. We scratched the surface on responsible reporting, inclusive trade, transparency, reliability, accuracy, tariffs and other trade tools. Thanks to the East-West Center for setting the stage for APEC - Asia-Pacific Economic Cooperation Secretariat’s Michael Chapnick and Policy Support Unit’s Carlos Kuriyama, Amb Charles Jose, BusinessMirror’s Cai Ordinario and I to have this timely conversation given the the challenges of misinformation, false reporting and populism.