Putin, Xi Positioning Against U.S., EU in New Trade Order, Lee Says

The video discusses the unexpected political impact of trade, focusing on the formation of new coalitions and the shift in US foreign policy from multilateralism to bilateralism. It explores public concerns about trade wars and emphasizes the importance of future trade strategies centered on market access and intellectual property. The implications of US foreign policy on the world economy are also examined, highlighting the interlinking of foreign and domestic policies.

What unexpected impact has trade had on global politics?

• It has led to the dissolution of the EU.

• It has caused significant political and global stir.

• It has remained a minor issue.

• It has been ignored by major world leaders.

What is the new approach of US foreign policy as discussed in the video?

• Bilateralism

• Isolationism

• Protectionism

• Multilateralism

What is the concern regarding the trade war's impact on the world economy?

• It will only affect small economies.

• It may cause deep changes underestimated by many.

• It will automatically resolve itself.

• It will have no impact.

What is the main focus of future trade strategies?

• Market access and intellectual property protection

• Increasing tariffs

• Focusing on domestic markets only

• Reducing global trade

How are US foreign and domestic policies expected to interact in the future?

• They will conflict with each other.

• They will remain separate.

• They will be abolished.

• They will become more interlinked.