How to Lose a Decade by Erik Berglöf & Nahom Ghebrihiwet
While a backlash against globalization has been gathering steam for a while, trade has so far held up well. But with US President Donald Trump imposing sweeping tariffs on trade partners, which are moving to retaliate, this might be about to change, with dire consequences for developing-economy growth and decarbonization. BEIJING – The 2020s are […]
How to Counter Trump’s Tariffs Productively? by Shang-Jin Wei
While many countries are considering retaliatory tariffs on US-made goods, such measures are unlikely to deter US President Donald Trump. To weather his trade war, governments must forge strategic alliances and apply economic pressure without directly harming domestic industries. NEW YORK – After months of threats and speculation, US President Donald Trump has officially launched […]
How to counter Trump’s trade war? Anti-coercion, antitrust, and targeted tariffs in view
President Trump has hit Canada, China and Mexico with threatened tariffs in the last week. The EU is waiting its turn and mulling its potential response. ADVERTISEMENT Anti-coercion, antitrust, and targeted tariffs are among deployments that the EU could unleash in a response to a keenly anticipated tranche of tariffs from the Trump White House, […]
How to kill Putin’s profits without hitting farmers – POLITICO
All bark, no bite? EU farmers have already taken to the streets over rising costs and tough new green rules. Another spike in fertilizer prices could spark fresh rounds of protests — think tractors blocking roads and paralyzing capitals. That’s a political nightmare Brussels wants to avoid. At the same time, the slow rollout frustrates […]
How to ‘Trump proof’ the transatlantic relationship? – POLITICO
“It’s been very successful,” said Daniel Mullaney, the former top U.S. negotiator on trade issues with Europe, of the TTC. “We’ve had high-level attention, including at the presidential levels, on all of these issues. That’s kept the momentum going.” The question now is what happens if Trump wins back the White House in November. Even […]