
Odd Lots Live at CFR: On How European Industry Is Getting Crushed
From CFR On the Record by Council on Foreign Relations
April 10, 2026 · 48 min
About this episode
Gina Raimondo discusses the impact of China on European industry and the implications of AI on employment and democracy.
In this episode, former Commerce Secretary Gina Raimondo discusses her view that European industry is being hollowed out by China and that the only path forward is a unified global trading bloc excluding China—an idea she said is being thwarted by the Trump administration. The episode also covers the legacy of the CHIPS Act and Raimondo’s fears that artificial intelligence could create mass unemployment and destabilize democracy.Host: Joe Weisenthal, Odd Lots Co-host, Bloomberg Host: Tracy Alloway, Odd Lots Co-host, Bloomberg Guest: Gina M. Raimondo, Distinguished Fellow, Council on Foreign Relations; Former U.S. Secretary of Commerce Want more comprehensive analysis of global news and events sent straight to your inbox? Subscribe to CFR’s Daily News Brief newsletter. To keep tabs on all CFR events, visit cfr.org/event. To watch this event, please visit it on our YouTube channel: U.S.-China Relations and the Global Economy
People in this episode
Hosts: Joe Weisenthal, Tracy Alloway
Guest: Gina M. Raimondo
Topics covered
- European industry
- global trade
- China
- CHIPS Act
- artificial intelligence
- unemployment
- democracy
Keywords
- European industry
- China
- global trading bloc
- CHIPS Act
- artificial intelligence
- mass unemployment
- democracy
Mentioned in this episode
Organizations: Council on Foreign Relations, Bloomberg, Trump administration, CHIPS Act, YouTube
More episodes of CFR On the Record
- On the Iran War’s Global Economic Effects · June 5, 2026 · 59 min
- On U.S. Trade Policy with Jamieson Greer · May 29, 2026 · 1h 16m
- On the Future of American Power · May 22, 2026 · 1h 15m
- On the Iran War’s Economic Impact in Asia · May 15, 2026 · 44 min
- On Europe’s Response to the Iran War · May 8, 2026 · 1h 0m
- On U.S. Policy Options in War with Iran · May 1, 2026 · 58 min
Explore listener stats, chart rankings, contacts and more on the CFR On the Record podcast page.