Jun 5, 2026 · 34 min · 10 segments
In this episode of Trade Policy Decoded, Peter and Pru host Professor Henry Gao, a trade expert and Professor of Law at Singapore Management University. As a review of recent global and trade-world…
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Henry GaoGuestPeterHostPrueHostWhile the US might want to demonstrate their strength through their operation in Iran, their ability to actually achieve outcomes, I think there's a question over that

So China has been putting out this narrative domestically and at the international level of the, uh, so-called rise of the East for quite some time.

So I guess Trump's actions in Venezuela and in Iran are basically a kind of a direct response to that.
I think fundamentally, though, we're all collateral damage, aren't we, in this US-China global trade war? I do think the EU has more agency than it realizes, and probably in five years or so, once their defense expenditures have really ramped up and they realize that they're more powerful than they think, they will start to act accordingly.
While the US might want to demonstrate their strength through their operation in Iran, their ability to actually achieve outcomes, I think there's a question over that

So China has been putting out this narrative domestically and at the international level of the, uh, so-called rise of the East for quite some time.

So I guess Trump's actions in Venezuela and in Iran are basically a kind of a direct response to that.
I think fundamentally, though, we're all collateral damage, aren't we, in this US-China global trade war? I do think the EU has more agency than it realizes, and probably in five years or so, once their defense expenditures have really ramped up and they realize that they're more powerful than they think, they will start to act accordingly.
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