'The Slow Death of Multilateralism'
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Can the WTO and G20 do anything about it? Moderator: Rem Korteweg, Senior Research Fellow, Clingendael Institute Panellists: Jennifer Hillman of the Council on Foreign Relations and Georgetown Law Center Rufus Yerxa, former Deputy U.S. Trade Representative and current President of the National Foreign Trade Council This podcast episode was recorded on June 16 2020. As the COVID-19 pandemic continues to place the world economy under great strain, supply chains fragility, resurgent protectionism and continued U.S.-China trade war all cast a gloomy shadow over the future of multilateral trade…and whether the World Trade Organization or the G20 can do anything about it. In this podcast, moderator Rem Korteweg of the Clingendael Institute is joined by Professor Jennifer Hillman of the Council on Foreign Relations and Georgetown Law Center, and Ambassador Rufus Yerxa, former Deputy U.S. Trade Representative and current President of the National Foreign Trade Council. Listen as our panel discusses how the international trading system is coping with the COVID-19 pandemic, the structural problems facing institutions such as the World Trade Organization, and what role the United States might play in this going forward. Can the multilateral trade system point to a way forward for global economic recovery once the pandemic is over? Will the stress that COVID-19 placed upon global medical supply chains spotlight the opportunity to promote world health as a factor of global commerce? And perhaps most importantly, can the U.S.-China trade war be put back into a multilateral context?
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