Speakers on stage at the World Trade Symposium 2019
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Last month senior leaders from the world trade community came together at the fourth
annual World Trade Symposium in New York to join a global conversation about the
future of open trade. Set against a backdrop of partisan gridlock, the ongoing US-China
trade dispute was a recurring theme throughout the event. Important discussions
followed, about the practicalities of using real technology to tackle the ine ciencies and
negative externalities associated with global trade.
worldtradesymposium.com | @EconomistEvents | #WorldTrade19
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EXECUTIVE SUMMARY
Peter Navarro, Director of the O ce of
Trade and Manufacturing Policy:
“The mere threat of tari s can serve as a
useful tactical tool to provide negotiating
leverage.”
Caroline Freund, Global Director of
Trade, Investment and Competitiveness,
World Bank:
“It’s very important the goods move
quickly and predictably in a global value
chain. The next stage in production is
going to be waiting for that good and a
delay is money.”
Gerald Sun, vice-president, Mastercard:
“Harmonisation has been di cult
because most of the [standards] bodies
that we fi nd in trade operate vertically
within their industries.”