Rules against power: Does the world need a new economic alliance to balance the US and China? Independent Thinking podcast

In this week’s episode, our experts discuss Chatham House’s latest report: Saving global economic governance from the ‘Trump shock’.

Audio

Published 5 June 2026 — 35 minute listen

Would the world benefit from a new international alliance to stop China and the US from undermining the global rules we all depend on – a new ‘third pole’?

That’s the conclusion of a new Chatham House report published this week. How would an economic bloc like this work? Who could build it? And how would China and the US – even post-Trump – react to such a challenge to their power?

Laurel Rapp, director of our US and North America Programme, talks over an audacious plan for a new world order with the report’s author and director of our Global Economy and Finance Programme, Creon Butler. They are joined by director of our Europe and Russia and Eurasia Programmes, Grégoire Roos.

Read our report: Saving global economic governance from the ‘Trump shock’

About Independent Thinking

Independent Thinking is a weekly international affairs podcast hosted by our director Bronwen Maddox, in conversation with leading policymakers, journalists and Chatham House experts providing insight on the latest international issues.

More ways to listen: Apple Podcasts and Spotify.

Explore our other Chatham House podcasts.