Rising Trade Tensions Are the New Normal, Tata's Chandrasekaran Says

The video discusses global trade tensions, focusing on issues like US-China relations, Brexit, and Hong Kong. It highlights the importance of clarity in trade scenarios and the impact of these tensions on businesses. The speaker emphasizes the need to adapt to new norms, including digital barriers like data localization and privacy. The discussion also covers the shift towards protectionism and its implications for global trade.

What is considered the new norm in the context of global trade tensions?

• Increased globalization

• Technological isolation

• Protective national policies

• Open borders and free trade

Why is clarity preferred over a desirable result in international relations, according to the speaker?

• It increases trade opportunities

• It reduces the need for scenario planning

• It ensures better outcomes

• It simplifies decision-making

What major market slowdown has affected businesses, as mentioned in the transcript?

• European Union

• United States

• China

• India

What are the persistent factors in global trade despite technological advancements?

• Digital currency

• Tariffs and immigration

• Open borders and free trade

• Global cooperation

How do digital barriers manifest in international business according to the speaker?

• By reducing immigration

• Via data localization and privacy regulations

• Through open data sharing

• Through increased tariffs