Tradesplaining Podcast Episode 66: More EU Regulations, Shifting Summer Tourism and Uncovering Why Politicians Lie About Trade with author Dimitry Grozoubinski

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Episode Summary

Welcome to Episode 66 of the Tradesplaining podcast! In this episode, hosts Rob and Ardi dive into the complexities of international trade, explore shifting tourism trends, and discuss why luxury watches may not be the investment they once were. This episode features a special guest interview with Dmitry Grozubinsky, author of "Why Politicians Lie About Trade."

Key Topics Covered

1. EU Deforestation Regulation - The episode kicks off with a discussion on the EU's new deforestation regulation, highlighting its potential impact on international trade and the challenges it poses for importers. 2. Shifts in Tourism Trends - Rob and Ardi explore why high-spending American tourists are now favoring the coast of Poland over traditional destinations like Greece. They discuss the economic implications of this shift and how climate change is influencing travel patterns.

3. Investment in Luxury Watches - A lighthearted yet insightful segment on why watches have historically been a poor investment, complete with humorous anecdotes and market analysis.

4. Interview with Dmitry Grozoubinsky - Dmitry Grozoubinsky, a renowned trade policy expert, joins the podcast to discuss his latest book, "Why Politicians Lie About Trade." Dmitry shares insights on the complexities of trade negotiations and the misinformation often propagated by politicians.

5. US Tariffs on Steel and Aluminum - The hosts delve into the US's recent imposition of retroactive tariffs on steel and aluminum from Mexico, examining the broader implications for trade relations and the Republican platform's stance on tariffs.

6. Local News and Watch Industry Trends - The episode concludes with a segment on local news, focusing on the plummeting value of luxury watches and the introduction of the Bloomberg Subdial Watch Index.

Quotes from the Episode

- Rob on EU Regulations: "If you don't have good data about where your coffee was grown, you could be excluded from the EU market." - Ardi on Tourism: "High-spending Americans are driving economies across Southern Europe as vacationers take advantage of a strong dollar." - Dmitry Grozubinsky: "If someone with a large public platform is communicating about an issue in a way that leaves the public with an incomplete or misleading picture, for me that is foundationally indistinguishable from lying."

Listener Engagement

- Subscribe and Share: Don't forget to subscribe to Tradesplaining on Apple Podcasts, Spotify, or YouTube. Share this episode with friends or colleagues interested in international trade and business. - Feedback:Reach out via Twitter @tradesplaining, Instagram @trade.splaining, or email tradesplaining@gmail.com.

SEO Keywords

- International Trade - EU Deforestation Regulation - Tourism Trends 2024 - Luxury Watch Investment - Dmitry Grozubinsky - US Tariffs on Steel - Trade Policy Podcast

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Join us for an informative and entertaining episode as we navigate the intricate world of international trade, dissect current economic trends, and share a few laughs along the way. Tune in now and stay informed on the latest in trade and business!

Welcome to Episode 65 of Tradesplaining! This week, hosts Rob and Ardian dive into the intricacies of the U.S. borrowing its way to economic growth, the role of AI in trade, and, of course, the ever-relevant topic of China. They also sit down with Peter S. Goodman, Global Economic Correspondent for The New York Times, to discuss his latest book, "How the World Ran Out of Everything: Inside the Global Supply Chain." Tune in for listener feedback, a news roundup, and a few laughs along the way.

Key Topics:

1. U.S. Economic Growth and Borrowing: - Discussion on the U.S. borrowing strategy to fuel economic growth. - Comparison with Europe's economic performance. - Insight into global economic policies and their impact.

2. AI in Trade: - Analysis of AI's potential and risks in global trade. - Perspectives on AI-driven economic disruptions. - Expert opinions on the future of AI in the trade sector.

3. China's Influence: - Overview of China's role in global trade. - Recent developments in Chinese trade policies. - Impact of geopolitical tensions on trade dynamics.

4. Interview with Peter S. Goodman: - In-depth conversation about his book, "How the World Ran Out of Everything." - Exploration of global supply chain vulnerabilities exposed by the pandemic. - Stories of real-world impacts on workers and businesses. - Discussion on the future of supply chain management and resilience.

Segments

- Introduction: - Hosts Rob and Artie set the stage for the episode with their trademark humor and insights.

- What Went Wrong This Week: - IKEA's shift in production to North America. - G7's unified stance on Chinese trade policies.

- Winning in America: - Analysis of America's recent economic strategies. - Comparative look at Europe's economic challenges.

- The Vibe Shift: - Correspondent Michelle discusses the metaverse, IKEA's presence on Roblox, and the evolving landscape of virtual work.

- Local News: - Public service announcement from Maersk regarding early Christmas orders. - Light-hearted commentary on current events.

Special Thanks: - Executive Producer: Michelle O'Geen - Production Assistance: Armina Sinani

Subscribe & Follow: Don't miss out on future episodes! Subscribe to Tradesplaining on Apple Podcasts, Spotify, and now on YouTube. Leave us a review and share with friends!

Connect with Us: - Twitter: [@Tradesplaining](https://twitter.com/Tradesplaining) - Instagram: [@Trade.splaining](https://instagram.com/Trade.splaining) - Email: tradesplaining@gmail.com

Listen Responsibly!

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Optimize your podcast experience by tuning in to Episode 65 of Tradesplaining, where international trade meets humor and insight. Dive deep into economic strategies, AI's impact on trade, and learn from industry expert Peter S. Goodman. Perfect for listeners passionate about global economics, supply chain management, and staying informed with a touch of wit.

Episode 64 - "The Tariffs Keep on Coming, While Mexico is Stuck in the Middle"

Hosts: Ardian Mollabeqiri and Robert Skidmore

Guest: Lars Karlsson, Global Head of Trade and Customs Consulting at Maersk

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Episode Summary Welcome to Episode 64 of Trade Splaining, the podcast that makes sense of international trade, business, and expat life without putting you to sleep—most of the time. In this episode, we dive into Mexico's strategic position in the ongoing US-China trade tensions, the rising trend of tariffs, and the surprising new role of TikTok in career development. Our special guest, Lars Karlsson, sheds light on navigating trade in an era of uncertainty.

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Key Segments

1. Introduction and Episode Overview - Hosts: Ardian Mollabeqiri and Robert Skidmore - Topics: Mexico's economic opportunities amid US-China tensions, the rise of tariffs, and TikTok’s role in career networking.

2. News Highlights - Swiss Watchmaker's Success: Recep Recepi’s watch auctioned for $4.3 million. - Listener Feedback: Germany's proposed price cap on kebabs. - Tariffs Update: President Biden’s new tariffs on EVs, semiconductors, and solar cells targeting Chinese goods.

3. Main Discussion Points - Mexico’s Economic Position: - The impact of US-China trade disputes on Mexican manufacturing. - Benefits from the USMCA trade agreement. - Global Trade Conflicts: - Turkey suspending trade with Israel due to the Gaza conflict. - Security threats in the Red Sea causing shipping route changes and increased CO2 emissions.

4. Interview with Lars Karlsson - Trade in an Uncertain World: - Insights into global trade volatility. - The importance of digitalization and resilience in supply chains. - **Future Trends:** - The impact of new trade compliance regulations. - The balance between resilience and sustainability in trade.

5. Local News and Fun Segments - Stolen Bike Recovery in Geneva: Innovative approaches to preventing bike theft. - Migration Panic: Capturing female Asian wasps in Switzerland. - Euro Mullet Competition: Details about the upcoming mullet competition in Valais.

6. Closing Remarks - A reminder to subscribe, review, and follow the podcast on various platforms.

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Notable Quotes - Lars Karlsson on Resilience: "We are getting more resilience. We are more accurate in what we do. And we are doing that in a more volatile and insecure situation for trade than ever before." - Ardi on Trade Conflicts: "Trade is just sort of a passenger on the ship, and it's really not the one driving the car right?" - Rob on Digitalization: "The digitalization of trade and the use of data in supply chains are accelerating, making it easier to handle new regulations and crises."

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Featured Links - Maersk - Learn more about Lars Karlsson’s work and Maersk’s trade solutions. - USMCA Trade Agreement - Explore the benefits and details of the US-Mexico-Canada Agreement.

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Connect with Us - Twitter: @Tradesplaining - Instagram: @trade.splaining - Email: tradesplaining@gmail.com

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Subscribe & Review: - Apple Podcasts - Spotify - Google Podcasts - YouTube

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#InternationalTrade #Tariffs #MexicoEconomy #SupplyChain #TikTokCareers #TradeCompliance #Podcast #TradeNews

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Credits: - Hosts: Ardian Mollabeqiri and Robert Skidmore - Guest: Lars Karlsson - Executive Producer: Michelle Olguin - Production Assistance: Armina Sinani

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**Disclaimer:** Remember to listen responsibly and share this episode with friends and colleagues interested in the latest trends in international trade and business.