Soumaya Keynes
speaker
263 appearances
1 recordings
1 series
first heard Jul 2026
last heard 26 Jul
Soumaya Keynes’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
And so I think the idea that they would have been in a big free trade area altogether, I think that's decreasingly likely given the EU's problems.
So, if there was going to be some kind of joint action against the US, maybe it doesn't include China, then they've got to worry about retaliation from the Chinese.
You've got all these collective action problems just preventing that kind of joint action.
To an extent.
The Trump administration's objectives have been relatively narrow.
In a sense, they've given up on really trying to fix the Chinese problem at its source.
They're trying to manage the effects of its economy on the US.
They have managed to bully some smaller countries into submission, or in the EU's case, bully a collection of smaller countries into submission.
We are ultimately moving back to a power-based system
Now, I think the rule lovers among the trade nerds would say that how much more could they have achieved had there been some kind of coordination?
Could you have a much more coherent response to China's economic actions if you were to go together?
but I think at this point we'll never know.
So I think I'd probably not use the trade deficit or the surplus as a kind of measure of success of their trade policy, right?
Mostly because China and the US are the biggest ones, right?
And, you know, the UK has a pretty big current account deficit.
So on that measure, we're not doing great.
I'm not sure that reflects our sort of tariff policy.
I think the EU is really trying to do the right thing.
So the challenge when it comes to China is it's this massive economy.
It's creating all of these spillovers for the rest of the world.
Showing 201–220 of 263 · page 11 of 14
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