The video discusses critiques of Trump's trade policy by experts Chad Bown and Douglas Irwin, highlighting the decline of the global trading system. It examines the impact of domestic politics on international relations, particularly with China, and the role of Congress in trade policy. The 2020 election's potential impact on trade is analyzed, considering the positions of Democratic candidates. The video concludes with future trade challenges and strategies, emphasizing the need for effective crisis management.

What potential impacts could the 2020 election have on the global trading system?

In what ways might the next administration need to address the challenges posed by China's rise?