Semiconductors, Trade and High-Tech Cooperation

Economic, political and supply chain pressures

This podcast episode was recorded on 10 July 2023.


Martijn Rasser, Managing Director, Datenna

Yasuhiko Ota, Columnist and TV news commentator, Nikkei


Rem Korteweg, Senior Research Fellow, Clingendael Institute

The 2023 edition of the AIG Global Trade Series explores the extent and impact of regionalisation on the global trade landscape.

As critical enablers of economic growth, technological development and national security, semiconductors have become an area of intense competition between states.  But the insecurity of semiconductor supply chains exposed during the Covid 19 pandemic, and highlighted since by growing geopolitical tension, is also driving new forms of international cooperation around semiconductor production and supply.  What is the balance between these two trends and how is it reflected in global trade relations?

This episode discusses the geopolitics of semiconductor production – including export controls, state subsidies, friend shoring and new multilateral initiatives – and how they are reflected in trade and trade policy.  The focus is on two key players in the field: Japan and the USA.


The Global Trade Series is a collaboration between AIG and the following international organisations with leading expertise on global trade: the Aspen Institute GermanyCEBRI - the Brazilian Center for International RelationsChatham House (UK); the Clingendael Institute (The Netherlands); the Institute of International Economic Law at Georgetown University Law Center (US); ISPI - the Italian Institute for International Political Studies; the Jacques Delors Institute (France); RIETI - the Research Institute of Economy, Trade and Industry (Japan); and the St. Gallen Endowment for Prosperity through Trade (Switzerland).

The views and opinions expressed in this podcast series are those of the speakers and do not necessarily reflect the official policy or position of American International Group, Inc. or its subsidiaries or affiliates (“AIG”). Any content provided by our speakers are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything. AIG makes no representations as to accuracy, completeness, correctness, or validity of any information provided during this podcast series and will not be liable for any errors, omissions, or delays in this information or any losses injuries, or damages arising from its use.