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Why It Matters

Council on Foreign Relationswww.cfr.org
Each episode of Why It Matters breaks down an issue that is shaping our world’s future. Join host Gabrielle Sierra as she speaks with the leaders and thinkers who are facing these questions head on. Fueled by the minds at the Council on Foreign Relations, Why It Matters brings some of the world’s most compelling stories home to you.

Episodes

Where Does U.S. Trade Go From Here?

The unprecedented trade policies since the beginning of this year, driven largely by the Donald Trump administration’s pro-tariff agenda, have propelled the United States into uncertain and rocky territory. When it comes to our trading partners, the potential damage to U.S. alliances has left economists and policymakers in Washington questioning what’s next. Where do experts foresee U.S. trade policy heading? This season, Why It Matters is taking you through the ins and outs of trade. In this se...

Jun 05, 202538 min

Mind the Trade Gap

Is having a trade deficit necessarily a bad thing? Many experts argue that the U.S. trade deficit is largely good for our economy. It allows Americans to enjoy a wider variety of cheap goods, attracts foreign investment, and reflects the strength of the U.S. dollar. Others believe it’s a warning sign that we’re relying too much on imports, hurting American jobs, and racking up debt owed to other countries. This season, Why It Matters is taking you through the ins and outs of trade. In this episo...

Jun 03, 202533 min

Why It Matters Live!: Food Diplomacy

Host Gabrielle Sierra and podcast guests Johanna Mendelson Forman and Matthew Costello discuss food diplomacy, share stories from White House state dinners, and unpack how food has helped to create lasting international partnerships. This taping was originally recorded on April 17, 2025. Featured Guests Johanna Mendelson Forman (Distinguished Fellow at the Stimson Center, Adjunct Professor at American University’s School of International Service) Matthew Costello (Chief Education Officer and Dir...

May 21, 202539 min

Trade Agreements: Deal or No Deal

What role does the president have when it comes to making trade deals? In this episode, we dig into the expansive powers of the U.S. president when it comes to trade. From unilateral authority to congressional oversight, we unpack who truly calls the shots when the U.S. negotiates trade agreements. This season, Why It Matters is taking you through the ins and outs of trade. In this episode, Why It Matters dissects the current state of U.S. trade agreements; what deals exist, which ones are under...

May 21, 202530 min

Tariff Turmoil, Part 2: Steel and Dog Gelato

Tariffs have sparked intense debate in Washington, but their consequences land far from Capitol Hill. Tariffs can shape paychecks, shift prices for consumers, and affect markets. At best, tariffs offer short-term protection for certain industries. At worst, they can uproot the lives of American workers. In this episode, Why It Matters looks at what tariffs mean for a U.S. steel manufacturer and small business owner trying to stay afloat. Featured Guests Matthew P. Goodman , Distinguished Fellow ...

Apr 30, 202533 min

Tariff Turmoil, Part 1: How Tariffs Are Affecting Farmers

Tariffs are often discussed in big, abstract terms—trade wars, economic strategy, global power struggles. But for ginseng farmers in Wisconsin, their effects are painfully personal. In this episode, Why It Matters dives into how tariffs work and how they’re hitting one of America's most niche yet lucrative exports: Wisconsin-grown ginseng. Featured Guests Matthew P. Goodman , Distinguished Fellow and Director of the Greenberg Center for Geoeconomic Studies, CFR Will Hsu , President of Hsu's Gins...

Apr 16, 202529 min

The Washington Consensus Could Not Hold

When it comes to trade, there is no consensus in Washington. The issue has become deeply polarizing, with lawmakers split over whether free trade agreements benefit or harm the U.S. economy. While some argue that open markets are essential for global leadership and economic growth, others believe that such policies disproportionately harm American workers and industries, fueling the rise of protectionist sentiment. This season, Why It Matters is taking you through the ins and outs of trade. In t...

Apr 02, 202530 min

We’ve Been Looking At Trade All Wrong

There was once a broad consensus in Washington that trade was a force for good—a way to connect, grow, and prosper. But today, trade has evolved into something much bigger than just the exchange of goods. It’s become a powerful tool to rewrite the rules of foreign policy, reshape how the United States is viewed by the rest of the world, and steer us toward an increasingly uncertain future. When did this change begin, and where did we go off course? This season, Why It Matters is taking you throu...

Mar 19, 202533 min

Why Trade Matters

Why It Matters is back and this time we are dedicating an entire season to talking about trade. Alongside CFR’s leading experts, we are bringing you stories from Americans around the country and trying to figure out where Washington went wrong when it comes to U.S. trade policy.

Mar 19, 20252 min

Why Climate Matters: Nuclear Energy

As the climate crisis intensifies, so do discussions about the utilization of nuclear energy. In the aftermath of nuclear meltdowns such as Chernobyl and Fukushima, climate skeptics say the environmental benefits do not outweigh the associated costs and risks. But others think that nuclear energy might be the best option for a greener future. Weighed against the world’s continued reliance on fossil fuels, how could nuclear be a safeguard for our energy supply? This episode was originally release...

Feb 20, 202538 minEp. 5

New Podcast Spotlight: The Interconnect

Emerging technologies are transforming international relations and our country’s economy. So how do we connect science and engineering labs with Washington and the world of business? The Interconnect, a new podcast series from the Council on Foreign Relations and the Stanford Emerging Technology Review, brings together leading minds in cutting-edge technology and foreign policy to explore recent ground-breaking developments, what's coming over the horizon, and the implications for U.S. innovatio...

Feb 14, 202530 min

Why Climate Matters: Water Scarcity

Fresh water sustains all life, but in many regions, especially arid ones, it is becoming increasingly scarce due to climate change. Aging infrastructure and ineffective policies are only making the situation worse, affecting communities, economies, and even the political stability of some countries. As water shortages intensify, it’s crucial to rethink how we manage this vital resource and develop more adaptable systems that can better withstand the effects of climate change. This episode was or...

Feb 12, 202536 minEp. 4

Why Climate Matters: The Arctic

Under international law, the North Pole and the Arctic waters surrounding it are not owned by any country. But this January, President Donald Trump announced his plans to buy the Arctic territory of Greenland, testing the claims of rivals and opening up a greater conversation around who governs the Arctic Circle. On top of these icy tensions, the North Pole is warming. Melting ice caps are opening up new shipping routes and making the region increasingly mineable, generating even more interest f...

Feb 05, 202528 minEp. 3

Why Climate Matters: Pricing Climate

What does it mean to price our climate? The goal of fees like the “carbon tax” is to put a price on pollutants such as carbon dioxide that contribute to climate change, and incentivize businesses to reduce their emissions and make cleaner choices. But many companies are continuing to value profit over protecting the planet, backing out of their clean energy goals and sinking more money into fossil fuels and other short-term investments that harm the Earth. This has been happening for years, but ...

Jan 29, 202536 minEp. 2

Why Climate Matters: Home Insurance

For decades, U.S. homeowners have counted on property insurance to protect them from catastrophic loss if their homes are destroyed. But last year, private companies pulled their coverage in multiple climate-sensitive states, only months before the fires in Los Angeles and the hurricanes in the Southeast region wreaked havoc. As climate disasters become more frequent, can home insurance hold up? This episode was originally released on September 27, 2023. Featured Guests David Marlett , Managing ...

Jan 23, 202539 minEp. 1

Why Climate Matters

Our editors top picks of Why It Matters episodes on climate.

Jan 23, 202552 sec

The Dirty Energy Powering AI

What powers artificial intelligence (AI)? As global electricity use is surging, with unprecedented demand coming from an increase in data centers, AI’s dependence on fossil fuels presents a serious issue for the planet. In the United States, data center power usage is on track to double by 2030, largely due to the proliferation of AI technology. But while the application of AI shows potential to mitigate climate problems, will its power grab stall the clean energy transition? Featured Guests: Va...

Dec 03, 202436 min

Why the World Next Week Matters

Tumultuous events have rocked the last four years: the COVID-19 pandemic, Europe’s largest land war in eighty years, and an escalating Middle Eastern conflict between Israel and Iran-backed forces. On top of that, the United States faces an intensifying geopolitical struggle with China and Russia. Now, U.S. President Joe Biden is running out of time to secure his legacy while the transition to a second Donald Trump administration comes sharply into focus. The U.S. president-elect has been quickl...

Nov 14, 202437 min

The New Tech World Order

For most of our history, the realm of international relations was dominated by nation-states. They waged wars and signed treaties through the framework of governance. But today, more so than ever before, tech titans are acting as unilateral decision-makers, upsetting the balance and structure of global power around the world. Featured Guests: Rana Foroohar (Global Business Columnist and Associate Editor, Financial Times; Global Economic Analyst, CNN) Adam Segal (Ira A. Lipman Chair in Emerging T...

Nov 13, 202436 min

A World Under the Influence

With the rise of social media, influencers around the world have increasingly taken on the role of newscaster without a traditional media organization behind them. Some say it has democratized journalism, but with the rise of misinformation, influencers who capture massive audiences online also run the risk of spreading false or even harmful information. How much have influencers altered the media landscape? Featured Guests: Nic Newman (Senior Research Associate, Reuters Institute) Michael Spike...

Oct 21, 202439 min

Who’s Afraid of the National Debt?

The United States national debt is rising to levels not seen since World War II. Many economists say Washington is on an unsustainable track, but no one knows when it will pass the point of crisis. What is at risk if U.S. debt continues to grow? Featured Guests: Maya MacGuineas (President of the Committee for a Responsible Federal Budget) Roger W. Ferguson Jr. (Steven A. Tananbaum Distinguished Fellow for International Economics, CFR) For an episode transcript and show notes, visit us at: https:...

Oct 03, 202430 min

Why Is the World Obsessed With the U.S. Election? Ask Germany

The world is watching the U.S. presidential contest between former President Donald Trump and Vice President Kamala Harris with intense interest. Few countries are tracking the race more closely than Germany, Europe's biggest economy and a founding member of the NATO alliance. Its experiences provide insights into how this election is reverberating globally. Featured Guests: Liana Fix (Fellow for Europe, CFR) Stefan Kornelius (Foreign Editor, Süddeutsche Zeitung) For an episode transcript and sh...

Sep 18, 202433 min

Can West Africa Curb Its Brain Drain?

West Africa is losing many of its best and brightest. Across the region, doctors, lawyers, and engineers are leaving, depriving some of the world’s youngest countries of the minds they need to develop sustainably. At the same time, coups have rocked the nearby Sahel, threatening to create a corrosive cycle of instability. Can West Africa quell the tide of emigration? Featured Guests: Aanu Adeoye (West Africa correspondent, Financial Times) Ebenezer Obadare (Douglas Dillon Senior Fellow for Afric...

Jun 20, 202439 min

Global Abortion Access After Roe

In the past thirty years, sixty countries have expanded access to abortion care as an underpinning of maternal health. The 2022 U.S. Supreme Court decision overturning Roe v. Wade made the United States the fourth country ever to decrease access to abortion—and the world took notice. Some countries have since reinforced protections for abortion care, while others have moved to further restrict it. Featured Guests: Onikepe Owolabi (Director of International Research, Guttmacher Institute) Patty S...

Jun 05, 202425 min

India, Modi, and Hindu Nationalism

Prime Minister Narendra Modi is the most popular man in India. On track to be elected for a third term, he has boosted the country’s global standing and propelled strong economic growth while consolidating power and galvanizing majoritarian support for his Hindu nationalist agenda—all while growing closer to the United States. How could Hindu nationalism reshape India? Ashok Swain (Head of Department of Peace and Conflict Research, Uppsala University) Hartosh Singh Bal (Executive Editor, The Car...

May 23, 202434 min

Publishing in a Polarized World

A free and independent press is at the core of many democracies. But threats to the safety of journalists abound worldwide, and the rise of generative artificial intelligence has raised concerns about the future of media. At the same time, more people have access to high quality news now than perhaps ever before. Where does all this leave the state of the current media climate? In this episode, Host Gabrielle Sierra and Foreign Affairs Editor Daniel Kurtz-Phelan talk about the future of journali...

May 10, 202430 min

Can Israel and Iran Step Back From the Brink? (Podcast Takeover)

A little over a week ago, Iran directly attacked Israel from its own territory for the first time in history. And while the United States and Israel shot down almost all of the missiles and drones, the attack remains unprecedented. Since the release of this episode, Israel has launched a relatively moderate counter strike, and tensions appear to be cooling. But the Middle East might still be on the brink of a wider war. Host Dan Kurtz-Phelan and guests Suzanne Maloney and Ali Vaez discuss the co...

Apr 24, 202442 min

Remembering the Rwandan Genocide

Thirty years ago, Rwanda’s government began a campaign to eradicate the country’s largest minority group. In just one hundred days in 1994, roving militias killed around eight hundred thousand people. Would-be killers were incited to violence by the radio, which encouraged extremists to take to the streets with machetes. The United Nations stood by amid the bloodshed, and many foreign governments, including the United States, declined to intervene before it was too late. What got in the way of h...

Apr 10, 202438 min

Local Leaders in the Global Economy

Many Americans are losing faith in the benefits of internationalism. But whether it’s wars in the Gaza Strip and Ukraine, worsening extreme weather as a result of climate change, or the trade-offs of globalization, events abroad are increasingly having a local impact. At the same time, more state and local officials in the United States are becoming involved in global affairs, conducting their own form of diplomacy on international issues and driving investment home. What role should the United ...

Apr 02, 202422 min

UFOs: Close Encounters of the National Security Kind

Unidentified flying objects (UFOs) are real. And the truth about them is often hidden from the public, for reasons related to national security. That secrecy has fed conspiracy theories about the possibility of alien life on Earth, creating a stigma around the legitimate scientific search for life on other planets. Why are UFOs considered a defense concern? And does a defense framing of UFOs inhibit scientific research? Featured Guests Philippe Ailleris (Copernicus Programme Project Controller, ...

Mar 27, 202434 min
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