TFG hosts emergency broadcast: Global trade according to President Trump - Trade Finance Global

TFG hosts emergency broadcast: Global trade according to President Trump

By Deepesh Patel, Alisa DiCaprio Robert Besseling Rebecca Harding Simon Evenett

Deepesh Patel is Editorial Director at Trade Finance Global (TFG) and host of Trade Finance Talks. Deepesh regularly chairs and speaks at international industry events held by the IFC, EBRD, IMN, WTO, Financial Times and Economist Impact, as well as industry associations including ICC, FCI, ITFA, ICISA and BAFT.

Alisa DiCaprio is the Head of Trade and Supply Chain at R3 in New York City. She joined from Asian Development Bank where she was a senior economist working on digital trade, trade finance and innovation. She has also worked in both the public and private sectors on export promotion, trade negotiations, and labour issues. Her PhD is from MIT, and she holds a BA and MA from Johns Hopkins University.

Robert Besseling, founder of Pangea-Risk, leads political and economic risk analysis for Africa and the Middle East, with frequent media appearances.

Dr. Rebecca Harding, CEO of Coriolis Technologies, is an esteemed economist specializing in trade finance and co-author of "The Weaponization of Trade".

Simon Evenett is Professor of Geopolitics and Strategy at IMD and a leading expert on trade, investment, and global business dynamics. With nearly 30 years of experience, he has advised executives and guided students in navigating significant shifts in the global economy.

Last updated on 06 Nov 2024

06 Nov 2024 2 min reading time

Key Themes:

TFG hosts a livestream featuring experts in trade, trade finance and geopolitics, assessing the implications of Trump’s second presidential victory.

This is one of the most consequential US elections in history, which has been mainly determined by what’s at stake in an ideological or geopolitical domain.

But we at TFG think it’s essential to fully explore what Donald Trump’s second presidential victory may mean for the world of trade, treasury, and payments. It’s with this regard that President Trump can redefine the world.

We recorded an emergency livestream with industry heavyweights:

◾ Dr Rebecca Harding, Independent Trade Economist, REBECCANOMICS LIMITED
◾ Dr Robert Besseling, CEO, PANGEA-RISK
◾ Simon Evenett, Professor of Geopolitics & Strategy, IMD Business School, Co-Chair, World Economic Forum Global Future Council on Trade & Investment
◾ Dr Alisa DiCaprio, Former Chief Economist, R3

What was covered:

How Trump’s trade policy differs from Biden’s (if at all).
US-China trade relations and economic wargaming – how increasing tariffs on 818 categories of Chinese goods impacts 2025 policy.
How a second Trump presidency could impact trade relations between the US and Africa and the Middle East.
What the decline of multilateral trade agreements means for ongoing negotiations and existing trade pacts (think: withdrawal from the Trans-Pacific Partnership and replacing NAFTA with the USMCA agreement).
Money markets: with US stocks surging and European renewable stocks falling, how Trump’s stance on climate change and energy policy might impact global commodity markets and trade flows.
What we can expect Trump’s impact to be, on trade and SCF.
What regions are likely to be singled out from a more combative trade policy, and what methods there are for assessing and monitoring as the effects of Trump become realised.
The impact of protectionist trade on currency markets and international capital flows.