CFR On the Record

Odd Lots Live at CFR: On How European Industry Is Getting Crushed

April 10, 2026·48 min
Episode Description from the Publisher

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

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