International Trade & Trade Policy Essentials

This course provides a comprehensive exploration of international trade, focusing on the intricacies that influence its success or failure. Participants will gain a deep understanding of trade dynamics, including historical contexts and current challenges such as trade barriers and geopolitical tensions. They will learn tools and techniques to assess trade policies, adapt strategies for different markets, and proactively manage risks. The course will analyze key factors essential for successful trade practices at various levels and conclude with a summary of key learning points, followed by an action-planning exercise. Post-course support will be available for up to six months to assist with the implementation of action plans.

World Trade Basics & Trade Policy Overview 

• Fundamentals of international trade and trade policy
• Key trade agreements (WTO, FTAs, RCEP, CPTPP, etc.)
• The role of tariffs, quotas, and trade barriers
• SMEs in global trade: Challenges & opportunities

History of Trade (1913–Present) 

• Protectionist Policies (1913–1970): Tariffs, economic nationalism, and Cold War trade dynamics
• Globalization Era (1980–Present): Rise of free trade, WTO, and trade liberalization
• The shift from industrial trade to digital and service-based trade

The Geopolitics of Trade in a Multipolar World 

• US-China Trade War and its implications
• Impact of BRICS+ nations on global trade dynamics
• Trade policies under Trump vs. Biden and potential future shifts
• EU’s strategic trade policies post-Brexit

Trade Wars, Tariffs, and Sanctions as Economic Weapons 

• US & EU sanctions on Russia, Iran, and China
• China’s response: Supply chain localization & Belt and Road Initiative (BRI)
• Case Study: US semiconductor export controls on China
• Case Study: Sanctions on Russia’s defence and energy industries
• Day 5: Trade Policy & Economic Security in the Defence Industry
• US vs. China arms trade & export controls
• Defence trade agreements (ITAR, NATO regulations, India-Russia arms trade)
• Impact of sanctions on defence exports
• Case Study: European defence industry’s struggle for market access

Course Review

• Summary and recap of key learning objectives
• Action Planning

This course is suitable for a wide range of professionals but will be of real value to experienced or new or aspiring:

• Corporate Professionals in international trade and business development.
• Government Officials involved in trade negotiations or policy-making.
• Academics and Students studying international relations, economics, or law.
• SME Owners and Entrepreneurs looking to expand into international markets.
• Officials involved in Trade Negotiations or Policy making
• Consultants and Analysts providing advisory services in trade and economics.
• Supply Chain Managers and Logistics Coordinators.
• Compliance and Regulatory Affairs Professionals.
• Marketing and Sales Professionals focused on global markets.
• Policy Researchers and Analysts in trade-related fields.

Upon completion of this course, you will be able to:

• Developed a comprehensive understanding of international trade fundamentals and key trade agreements.
• Analyzed the historical evolution of trade policies and their relevance to current practices.
• Evaluated the geopolitical factors affecting global trade dynamics, including trade wars and sanctions.
• Applied sector-specific knowledge to identify challenges and opportunities within various industries.
• Recognized the role of emerging markets and sustainability in shaping trade strategies.
• Implemented best practices for SMEs to optimize their engagement in international trade.
• Formulated critical insights into future trends in global trade, including digital trade and AI impacts.
• Understood the context and outcomes of recent geopolitical developments wherein USA has unilaterally imposed trade tariffs on its Western allies.
• Created an actionable plan to apply the knowledge and skills gained throughout the course in your organization.