More EU Regulations, Shifting Summer Tourism and Uncovering Why Politicians Lie About Trade with Dimitry Grozoubinski

Trade Splaining

Tradesplaining Podcast Episode 66: More EU Regulations, Shifting Summer Tourism and Uncovering Why Politicians Lie About Trade with author Dimitry Grozoubinski

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Episode Summary

Welcome to Episode 66 of the Tradesplaining podcast! In this episode, hosts Rob and Ardi dive into the complexities of international trade, explore shifting tourism trends, and discuss why luxury watches may not be the investment they once were. This episode features a special guest interview with Dmitry Grozubinsky, author of "Why Politicians Lie About Trade."

Key Topics Covered

1. EU Deforestation Regulation
- The episode kicks off with a discussion on the EU's new deforestation regulation, highlighting its potential impact on international trade and the challenges it poses for importers.
2. Shifts in Tourism Trends
- Rob and Ardi explore why high-spending American tourists are now favoring the coast of Poland over traditional destinations like Greece. They discuss the economic implications of this shift and how climate change is influencing travel patterns.

3. Investment in Luxury Watches
- A lighthearted yet insightful segment on why watches have historically been a poor investment, complete with humorous anecdotes and market analysis.

4. Interview with Dmitry Grozoubinsky
- Dmitry Grozoubinsky, a renowned trade policy expert, joins the podcast to discuss his latest book, "Why Politicians Lie About Trade." Dmitry shares insights on the complexities of trade negotiations and the misinformation often propagated by politicians.

5. US Tariffs on Steel and Aluminum
- The hosts delve into the US's recent imposition of retroactive tariffs on steel and aluminum from Mexico, examining the broader implications for trade relations and the Republican platform's stance on tariffs.

6. Local News and Watch Industry Trends
- The episode concludes with a segment on local news, focusing on the plummeting value of luxury watches and the introduction of the Bloomberg Subdial Watch Index.

Quotes from the Episode

- Rob on EU Regulations: "If you don't have good data about where your coffee was grown, you could be excluded from the EU market."
- Ardi on Tourism: "High-spending Americans are driving economies across Southern Europe as vacationers take advantage of a strong dollar."
- Dmitry Grozubinsky: "If someone with a large public platform is communicating about an issue in a way that leaves the public with an incomplete or misleading picture, for me that is foundationally indistinguishable from lying."

Listener Engagement

- Subscribe and Share: Don't forget to subscribe to Tradesplaining on Apple Podcasts, Spotify, or YouTube. Share this episode with friends or colleagues interested in international trade and business.
- Feedback:Reach out via Twitter @tradesplaining, Instagram @trade.splaining, or email [e-mail].

Keywords

- International Trade
- EU Deforestation Regulation
- Tourism Trends 2024
- Luxury Watch Investment
- Dmitry Grozubinsky
- US Tariffs on Steel
- Trade Policy Podcast

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Join us for an informative and entertaining episode as we navigate the intricate world of international trade, dissect current economic trends, and share a few laughs along the way. Tune in now and stay informed on the latest in trade and business!