EU-U.S. Tensions, Economic Indicators, and Zeroing Out Tariffs

A short, spoken-word summary from CSIS’s Dan Byman on his brief with V.S. Subrahmanian, “Artificial Intelligence and the Future of Terrorism.”

On this episode of the Trade Guys, we look at ongoing challenges to the EU-U.S. trade relationship, the early data on the macroeconomic impacts of the tariffs both home and abroad, and a recent executive order zeroing out tariffs on a select range of goods deemed not available in the United States. Trade continues to be the hottest policy topic in Washington, which is why we’re bringing back our ⁠Crash Course: Trade Policy with the Trade Guys⁠ this fall. If you missed our spring course, now is the perfect time to register. The course runs from October 8-9 at CSIS Headquarters or via Zoom. Registration is open until October 3.

In this joint episode of Pekingology and the ChinaPower Podcast, CSIS Freeman Chair Senior Fellow Henrietta Levin and co-host CSIS China Power Project Deputy Director and Fellow Brian Hart are joined by Dan Wang to discuss his new book, Breakneck: China’s Quest to Engineer the Future. The conversation unpacks China’s monumentalism in its grand engineering projects, the advantages and consequences of building at such scale, China’s push to lead in key technologies, Beijing’s social engineering efforts, and much more. Dan Wang is a research fellow at Stanford University’s Hoover History Lab. Previously, he was a fellow at the Yale Law School’s Paul Tsai China Center and a lecturer at Yale University’s MacMillan Center for International and Area Studies. From 2017 to 2023, he worked in China as the technology analyst at Gavekal Dragonomics, based in Hong Kong, Beijing, and then Shanghai. For more from Dan Wang, please read his latest piece in Foreign Affairs - The Real China Model: Beijing’s Enduring Formula for Wealth and Power.

Seven countries in Latin America and the Caribbean recognize Taiwan in lieu of the People’s Republic of China, the most of any other region in the world. However, the number of formal Taiwan allies has been in steady decline, particularly since 2017 when Panama changed its diplomatic recognition from Taipei to Beijing and joined the Belt and Road Initiative. Today, Taiwan’s status among its remaining allies appears to be under increasing pressure. In this episode, Ryan C. Berg sits down with Henry Large, a Rhodes Scholar and Doctoral candidate in Latin American Studies at the University of Oxford. Together, they discuss the history behind Panama's 2017 switch, the state of Taiwan's relationships with the region today, and why diplomatic allies matter for Taipei. They also discuss how the United States, which itself does not formally recognize Taiwan, can be a better partner in promoting ties with the region.

This week Mike speaks with Michael Schiffer, former Assistant Administrator of the USAID Bureau for Asia from 2022 to 2025. Prior to that he was Senior Advisor and Counselor to the U.S. Senate Committee of Foreign Relations. They discuss foreign aid and its role in supporting U.S. interests abroad.

This week Mike speaks with Richard Rossow, an esteemed expert who has focused on U.S.-India Relations for over 25 years. He is currently Senior Adviser and Chair on India and Emerging Asia Economics at the Center for Strategic and International Studies. They discuss the activities of the Quad, U.S.-India relations, how India could grow its trade partnership with the United States, and more.

This week Mike speaks with Ian Storey, Senior Fellow at the ISEAS-Yusof Ishak Institute and Editor of the Contemporary Southeast Asia journal. His new book is Putin's Russia and Southeast Asia: The Kremlin's Pivot to Asia and the Impact of the Russia-Ukraine War and is the first single-authored book on Russia and Southeast Asia to be published since the end of the cold war. It can be found using this link.

On this episode of the Trade Guys, we walk through decisions by two federal courts blocking the Trump administration's use of the International Emergency Economic Powers Act (IEEPA). We then look at the president's recent threat of 50% tariffs on the EU and the "Big Beautiful" budget reconciliation bill moving through Congress.

This week Mike speaks to Congressman Ami Bera, who represents California’s Sixth Congressional District in the U.S. House of Representatives. Representative Bera is a senior Democrat serving as Ranking Member of the House Foreign Affairs East Asia and Pacific Subcommittee and the House Permanent Select Committee on Intelligence. They discuss the role of Congress in determining U.S. Indo Pacific Strategy.

On this episode, Max and Donatienne cover the first round of the Romanian presidential election, where George Simion, a hard-right candidate, soared to a first-place finish ahead of the second round on May 18. Since recording this episode on May 5th, major developments, including the resignation and Prime Minister Marcel Ciolacu and rapid capital flight, have sparked a political crisis. This story is still developing. The hosts then break down British Prime Minister Keir Starmer’s attempt to reset relations with the European Union ahead of a May 19 Brexit summit, and welcome Abe Newman, professor in the School of Foreign Service and Government Departments at Georgetown University and Director of the BMW Center for German and European Studies, for a conversation about coming collisions in transatlantic tech.