Economic Coercion Explained
Katherine emphasizes the importance of clear communication in trade actions to avoid misunderstandings and retaliatory measures. She discusses China's monopolistic and monopsonistic dominance in the global market, describing it as a form of economic coercion akin to bullying. The conversation highlights the need for resilient supply chains to protect against such economic tactics.In this clip
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US Trade Rep Katherine Tai Describes the New Era of Globalization
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