Industrial Policy and Economic Security ft. Gina Raimondo & Lawrence H. Summers

This podcast features a forum at the Institute of Politics with Secretary Gina Raimondo, moderated by Secretary Lawrence Summers, focusing on industrial policies and the structure of the economy. Raimondo discusses the Biden administration's approach to industrial policy, particularly the CHIPS Act, and defends targeted interventions in markets for national security reasons, while also acknowledging the difficulties and potential pitfalls of industrial policy. She shares anecdotes from her time as Commerce Secretary, highlighting disagreements with President Biden on manufacturing and tariffs, and emphasizes the importance of bipartisan support and strategic investments in research and development. The discussion covers topics such as subsidies, trade relations with China, and the role of Europe and other allies in the global economy, concluding with a lightning round of questions on specific trade and technology issues.