A Case for Corporate Foreign Policy

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In this Nov. 10, 2016 file photo, a man reads a newspaper with the headline that reads "U.S. President-elect Donald Trump delivers a mighty shock to America" at a newsstand in Beijing.

Parag Khanna, senior research fellow in the Centre on Asia and Globalisation at the Lee Kuan Yew School of Public Policy, discusses why President Trump's and Rex Tillerson's business savvy can be useful for running the country.

"If you want to be influential in [Russia and Iran] you have to compete for business there and insinuate yourself in their supply chains and their deals," says Khanna. "Then you can start to have an impact there."