The Truth of the Matter

• Trump’s Panama Canal Policy

  CSIS’s Ryan Berg joins the podcast to discuss the U.S. strategic interests in the Panama Canal, competition with China and potential outcomes.

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  18:44
• Can Policy Win the AI Race?

  "There's some real concern that if U.S. companies back away from selling in China, Chinese companies like Huawei could become dominant in this space and outsell us all over the world, which then hurts our competitiveness." China and the United States have quickly taken the lead in the global AI race, each acting as a hub for innovation in its own hemisphere. Which country comes out on top could be determined by how the White House shapes the future of U.S. AI policy. Josh Geltzer, former deputy White House counsel under President Biden and former legal advisor to the National Security Council, joins the podcast to discuss he similarities and differences between the Biden and Trump administrations' approaches to AI policy. He also explains the aspects of the global tech race that the federal government is most concerned about, including keeping the U.S. private sector at the forefront of AI innovation, how the government can use this technology both aggressively and responsively, and preventing the most advanced technologies from getting into the hands of adversaries.

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  21:50
• China Weathers the Storm of U.S. Tariffs

  “This is not good for China’s economy, but they have staying power, and I don’t see them backing down.” While the pandemic years were tough on China’s economy, the country has recently recovered financially, recording a 5 percent growth rate last year. China is also becoming increasingly less dependent on exports to the United States and is diversifying investments in Southeast Asia, putting it in a good position to weather the storm of U.S. tariffs. Scott Kennedy, CSIS senior adviser and Trustee Chair in Chinese Business and Economics, joins the podcast to discuss the latest in the U.S.-China trade war, including China’s technological capabilities, new export controls, and the possibility of future decoupling.

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  18:58
• Auto Tariffs Threaten to Drive Up Prices

  "The President's 'Liberation Day' really shakes the foundation of the current system in the auto industry...if these tariffs stay on for any length of time, they could lead to a fundamental reordering of the U.S. market." The slate of tariffs recently announced by the White House will likely lead to rising costs for cars in the United States, especially for smaller and lower-priced vehicles. Some foreign auto makers are already pausing shipments to the United States, which also curtails choices for consumers. However, in the long term, the tariffs could be good for U.S. manufacturing if executed right. Dr. Monica Gorman, special assistant to President Biden for manufacturing and industrial policy and former deputy assistant secretary of commerce for manufacturing, joins the podcast to discuss the impact of President Trump's tariffs on cars and how uncertainty can lead to market crisis.

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  23:26
• China’s Halt of Critical Minerals

  CSIS’s Gracelin Baskaran joins the podcast to discuss China’s halt of critical minerals to the United States. In addition to consumer products, the Pentagon and defense contractors are heavily reliant on magnets and rare earth minerals mined or processed in China. Baskaran discusses the impact of this decision and more.

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  20:15

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