today. ms are now, because of the uncertainty of energy prices in the future, consumers are definitely raining back on the discretionary expenditure. 0k, andrew, a pleasure having you. thank you for your time. we appreciated. the covid i9 pandemic and the war in ukraine have caused worldwide disruptions to trade and investment. no country, region or industry has been left untouched and global trade partnerships are changing. on thursday, the us announced that they will begin formal trade negotiations with taiwan with talks focusing on trade facilitation, digitaltrade and anti corruption standards. so, how has the war in ukraine changed the trade picture globally? and are new trade alliances being formed because of it? let us get more. joining me now is stefan legge, economist, st gallen university. good to have you with us as well. i talk about trade, global tried on my weekly show an awful lot, especially since
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