Trade War Is a Big Drag on Global Growth, Says International Trade Center's Gonzalez

The video discusses the economic impact of the US-China standoff, highlighting its drag on growth and investment. It explores how technology drives global interconnectedness, offering opportunities to reduce poverty and improve healthcare. The geopolitical tensions affect export-dependent economies like South Korea and Japan, emphasizing the need for multilateral cooperation. Historical trade conflicts are compared to current tensions, noting the unique challenges since the WTO's creation. Finally, the video examines Brexit's potential impact on UK-EU economic relations, questioning whether it will foster interconnectedness or create barriers.

What role do multilateral organizations play in ensuring a multipolar world amidst the current geopolitical tensions?

What challenges do you foresee for the UK and the European Union in managing their interconnectedness post-Brexit?