Business Extra Podcast: Let's talk about global trade relations

Our experts provide insight on how seriously we need to take fears that are growing over a potential global trade war amid a rising protectionist mood in the United States

FILE - In this Friday, Oct. 13, 2017 file photo, President Donald Trump makes a statement on Iran policy in the Diplomatic Reception Room of the White House in Washington. Trump administration negotiators have a tough sales job as they pressure European allies to accept new restrictions to “fix” the Iran nuclear deal: Even if the Europeans agree, Trump may blow up the deal anyway.(AP Photo/Evan Vucci, File)
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With tariffs and other measures on the table, according to US president Donald Trump, it seems the world should be bracing for another trade war similar to the crisis of the 1930s.

However, the situation is more complex and fluid than it might appear.

In this episode of the Business Extra podcast, host Mustafa Alrawi hears from trade experts. For insight from the Chinese side, he speaks to Dr Wallace Cheng of International Centre for Trade and Development China. The European point of view is provided by Taina Sateri, Trade Counsellor, European Delegation in Abu Dhabi.