State of Play

Center for Strategic and International Studies
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Mar 25, 2026 • 49min

What Are the Hidden Costs of the War with Iran?

Beyond increasing gas prices, the war with Iran has had significant ripple effects for food security, economic security, and humanitarian crises in the Middle East and beyond. Emily Harding, Caitlin Welsh, and Mona Yacoubian joined Will to discuss the short- and long-term implications of the war that are getting less attention, and what can be done to mitigate their worst effects. Emily Harding, "Data Is Now the Front Line of Warfare," CSIS, March 19, 2026 David Michel, "Could Iran Disrupt the Gulf Countries’ Desalinated Water Supplies?" CSIS, March 19, 2026. Mona Yacoubian, "Iran’s War Strategy: Don’t Calibrate—Escalate," CSIS, March 16, 2026. Emma Curtis, Joely Virzi, and Caitlin Welsh, "Chokepoint: How the War with Iran Threatens Global Food Security," CSIS, March 11, 2026.
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Mar 20, 2026 • 18min

How did Japan Navigate Trump's Pressure on Iran?

Prime Minister Sanae Takaichi was the first U.S. ally to visit President Trump in the White House after he called on allies to help with the war on Iran. Nick Szechenyi joins Will to discuss what Takaichi had hoped to achieve in her visit, how she handled Trump's pressure, and the playbook she's developing for U.S. allies. Kristi Govella and Jane Nakano, "What Are the Implications of the Iran Conflict for Japan?" CSIS, March 20, 2026. "Fact Sheet: President Donald J. Trump Strengthens U.S.-Japan Alliance for the Benefit of All Americans," The White House, March 19, 2026.
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Mar 17, 2026 • 35min

Are Russia and China Benefitting from the War with Iran?

As the U.S.-Israeli war with Iran enters its third week, U.S. attention is focused on the Middle East once again. Both China and Russia may find strategic openings, from higher global energy prices that bolster Moscow’s war economy to new opportunities for Beijing to expand its influence elsewhere. But the conflict also carries costs for both. Instability threatens critical energy supplies to China, while the conflict is prompting the further degradation of a key Russian partner in the Middle East. On balance, are Russia and China gaining or losing more from the war with Iran? The CSIS Geopolitics and Foreign Policy Department invites you to a live episode of State of Play to explore the implications of the war with Iran for China and Russia on Monday 16 March at 4:00pm. The discussion will feature Dr. Bonny Lin, Dr. Maria Snegovaya, and Will Todman. This event is made possible through general support to the Center for Strategic and International Studies.
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Mar 12, 2026 • 36min

Is Cuba Next?

President Trump said the Cuban government will fall “pretty soon” and “it may not be a friendly takeover.” Ryan Berg and Carrie Filipetti join Will to discuss President Trump’s goals in Cuba, his range of options, and the risks and benefits of regime change.  “Secretary of State Marco Rubio with John Micklethwait of Bloomberg News,” U.S. Department of State, February 14, 2026.  Ryan Berg et al. “China’s Intelligence Footprint in Cuba: New Evidence and Implications for U.S. Security,” CSIS, December 6, 2024. 
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Mar 5, 2026 • 32min

Would Regime Change Solve the Iran Challenge?

To discuss the risks of regime change in Iran, the lessons to draw from other regime change efforts in the Middle East and beyond, and to outline what the United States can do now to ensure a positive outcome in Iran, Jon Alterman, Daniel Byman, and Mona Yacoubian joined Will Todman on a live episode of State of Play. Jon Alterman, "Why Decapitation Will Not Solve the United States’ Iran Problem," CSIS, March 3, 2026. Daniel Byman, "6 Questions About Operation Epic Fury," Foreign Policy, February 28, 2026. Mona Yacoubian and Samuel Zabin, "If Compute is the New Oil, War in the Gulf Significantly Raises the Stakes," CSIS, February 27, 2026.
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Feb 26, 2026 • 29min

How are SE Asian States Recalibrating Their U.S. and China Ties Under Trump 2.0?

President Trump's economic strategy in SE Asia faces new questions after the Supreme Court struck down tariffs. Greg Poling and Henrietta Levin join Will to discuss how SE Asian states are engaging with the Trump administration and navigating U.S.-China competition in the region. Japhet Quitzon and Greg Poling, "Lessons from the Manila Strategy Forum," CSIS, February 25, 2026. Henrietta Levin, Greg Poling, et al. "State of Play: The Global Impact of the SCOTUS Decision on IEEPA Tariffs," CSIS, February 20, 2026. Henrietta Levin, "The U.S.-Vietnam Trade Deal Makes No Sense" Foreign Policy, July 16, 2025.
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Feb 18, 2026 • 17min

Emergency Episode: European Security after the Munich Conference

Max Bergmann shares his key observations about transatlantic relations after attending the Munich Security Conference. He discusses how European leaders reacted to Secretary Rubio’s speech, the U.S. strategy for Europe, and the ongoing challenges of shifting the defense burden from the United States to Europe.  Max Bergmann, “How Europe Can Defend Itself with Less America,” (video) CSIS, November 5, 2025.  Max Bergmann and Otto Svendsen, “How Europe Can Defend Itself with Less America,” (report) CSIS, October 8, 2025. 
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Feb 12, 2026 • 41min

Are we thinking about tech competition with China the right way?

Ilaria Mazzocco, a CSIS expert on Chinese industrial and climate policy; Mark Dallas, a scholar of tech ecosystems and geopolitics. They discuss how China’s manufacturing clusters, patient capital, and speed create geopolitical leverage. They map tech taxonomies, US strengths in precision and alliances, and policy moves like friend‑shoring and scaling manufacturing.
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Feb 10, 2026 • 18min

Emergency Episode: PM Takaichi's Landslide Victory in Japan

Nick Szechenyi, vice president of Geopolitics and senior fellow on Japan at CSIS, breaks down Sanae Takaichi’s landslide win. He covers Japan’s rapid defense spending push. He explores fiscal tradeoffs and public support. He assesses Japan‑China tensions and deepening U.S.‑Japan ties. He examines Takaichi’s strategic continuity with Abe and what to watch next.
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Jan 29, 2026 • 38min

Can middle powers build a new world order as PM Carney says?

At Davos, the Canadian prime minister argued that the rules based system is fading and middle powers must work together to build a new world order. Chris Hernandez-Roy and Kristi Govella join Will to discuss whether or not key U.S. allies like Canada and Japan could do this, what it might look like, and what the risks are. Mark Carney, "Davos 2026: Special address by Mark Carney, Prime Minister of Canada," January 20, 2026. Kristi Govella, "Japan’s Response to Trump 2.0: Sustaining U.S. Ties, Strengthening International Partnerships," CSIS, October 6, 2025. Christopher Hernandez-Roy, Juliana Rubio, Jessie Hu, and Sam Smith, "President Trump’s Latin America Policy: Short-Term Gains, Long-Term Risks," CSIS, October 6, 2025.

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