ITC's Gonzalez Sees Risks to Global Trade

The video discusses the current state of global trade, highlighting improvements in orders and container capacity but also emphasizing significant risks. It stresses the importance of multilateralism, especially in the context of BRICS countries like China, India, and Brazil. The speaker, with 20 years of experience, notes the shift in global power dynamics, with more players involved in trade decisions. Concerns about US-China relations are addressed, warning against unilateral actions that could lead to countermeasures and worsen global trade conditions. The video advocates for dialogue and cooperation to manage trade tensions effectively.

What are the main risks mentioned in the context of global trade?

What is the significance of multilateralism in managing global trade risks according to the speaker?

How does the speaker characterize the current global trade environment compared to the past?

What concerns do policymakers have regarding the US-China relationship?

Why does the speaker caution against unilateral actions in global trade?