The global economy is still working to overcome effects of the financial and economic crises in 2008 and 2009. Returning to sustainable growth is of paramount importance for the wealth and security of all nations and has an impact on almost all other policy areas. A cornerstone of transatlantic business and trade, German and American economic cooperation goes beyond domestic issues and influences global markets, businesses, and governments.

A Collection from This Week’s News on Important Issues for German-American Relations  Business and Economics Trump just signed a ‘buy American’ order, but his own businesses don’t (Business Insider) How Donald Trump affects America’s tourist business (The Economist) Probe could lead to duties on all steel imports (Politico) Schauble defends German trade surplus in the …Read More

The G20 is facing its second big litmus test. Almost ten years ago, only decisive action by the G20 prevented the global economy from spiraling into a deep depression. Not only did the G20 coordinate macroeconomic policies; the leaders also committed to a standstill and rollback on protectionism and thus preempted beggar-thy-neighbor policies. The G20 …Read More

As international delegates begin arriving in Washington, DC, for the first IMF/World Bank semi-annual meetings of the Trump era, among the biggest question facing leaders from around the world is what to make of the Trump administration’s frequently faulty understanding of how the world works. One cannot, for instance, read U.S. Commerce Secretary Wilbur Ross’s …Read More

The next G20 summit will take place in Hamburg on July 7-8, 2017. As part of the G20’s outreach process, the B20 is the official business dialogue of the G20, representing the entire G20 business community. Together, the leading German business associations BDI (Federation of German Industries), DIHK (Association of German Chambers of Industry and …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Business and Economics If Germany’s Got a Jobs Miracle, Not Everyone’s a Believer (Bloomberg) Machine exports to Russia: China overtakes Germany (DW) High Time to Cut Germany’s Tax Burden, Economists Tell Merkel (Bloomberg) Germany’s Schäuble promises ‘moderate’ tax cuts (DW) Foreign and Domestic …Read More

The second meeting of the AICGS Geoeconomics Strategy Group focused on “Trade Policy: Is the Best Defense Still a Good Offense?” The new U.S. administration’s emphasis on trade defense—stepping up enforcement mechanisms to ensure that countries or companies that violate trade laws are held accountable for their actions—is an important feature of international economic engagement. …Read More

In international relations, a distinction is often drawn between the “realist” school that bases decision-making on an objective calculation of national interests, and an “idealist” school that emphasizes principles such as promoting democracy and human rights. When President Trump declared in his April 7 Weekly Address that “[O]ur decisions will be guided by our values …Read More

In 2016, voters on both sides of the Atlantic rocked some of the foundational assumptions about transatlantic relations. Populist electoral revolts in Europe and the United States have amounted to hitting the “pause” button on a number of initiatives while the dust settles; among them, the Transatlantic Trade and Investment Partnership (TTIP). However, as we …Read More

A Collection from This Week’s News on Important Issues for German-American Relations Business and Economics U.S.-China trade scorecard: advantage China (USA Today) How Trump can Improve the Messy U.S.-Chinese Economic Relationship (NYT) Germany criticizes Trump executive orders on trade (Deutsche Welle) As U.S. targets Berlin on Trade, German Manufacturers Lobby Trump (NYT) Foreign and Domestic …Read More

In an April 2 interview with Fareed Zakaria on CNN’s “Global Public Square,” GE CEO Jeff Immelt made the case for looking to Germany for clues to reviving manufacturing in hard-hit areas in the U.S. Midwest. Immelt pointed to Germany’s “great training, great infrastructure…export bank [and] tax policy.” As the U.S. debates whether trade policy has …Read More

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