Trade Policy in the Digital Age: Reaganism with Karan Bhatia
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Trade Policy in the Digital Age: Reaganism with Karan Bhatia
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On this episode of Reaganism, Roger Zakheim sits down with Karan Bhatia to discuss how AI is transforming the global economy and why existing trade rules must evolve to address digital services, data localization, intellectual-property demands, and other modern barriers. Bhatia argues that digital trade affects far more than major technology companies, influencing manufacturers, farmers, small businesses, workers, and consumers worldwide. They examine the need for internationally aligned standards grounded in fair competition and innovation, Europe’s regulatory and competitiveness challenges, the importance of US collaboration with allies, and China’s rapid progress in AI. The conversation concludes with the potential for US-China dialogue on AI safety, the role of open- and closed-source models, the importance of lowering costs, and Reagan’s principle that technology combined with freedom creates opportunity and progress.