Simply Trade [News]: Latest News and Insights on Biotech, Brexit, and US-China Cooperation

Navigating complex international trade issues - This episode examines challenges and opportunities in US-China biotech collaboration, Brexit import charges impacting UK food prices, and perspectives on fair and open global trade.

Renee Chuichiarelli joins Annik and Andy for an insightful discussion on recent international trade news. Topics include lawmakers pressing for scrutiny of Chinese biotech firms, Brexit import fees raising food costs in the UK, and balancing national security with global economic cooperation.

Main Topics:
- US efforts to enhance oversight of Chinese biotech companies and potential implications for industry partnerships
- Concerns over some Chinese firms' reported military collaboration and lack of transparency
- UK trade groups warn new Brexit import charges may significantly increase food prices
- Strategies importers can take to mitigate higher costs, such as industry consolidation
- Perspectives on opening global markets through fair practices and competition

Key Insights:
- "China is known for significant forced labor...it's not a democracy...they're used to authoritarian ways." - Renee Chuichiarelli
- "If China were more open, then we still have to compete...just like they have to do into the US." - Andy
- 1784 fun fact: America's first trade with China began on the Empress of China sailing.

This episode provides a balanced examination of challenges and opportunities in international cooperation. Listeners gain valuable context on navigating geopolitical risks while advocating for transparent, rules-based trade that benefits all nations and their citizens.

Enjoy the show!

Find us on YouTube: https://www.youtube.com/@SimplyTradePod 

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 

Guest Host: Renee Chiuchiarelli - https://www.linkedin.com/in/renee-chiuchiarelli-8964a19/ 

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

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