The most important contribution the new German Federal Government can make is to support and reform the global economic order that has been responsible for 70 years of peace and prosperity. Whether it is through institutions like the World Trade Organization and the European Union, countless bilateral trade agreements, or the informal norms and principles …Read More

During Richard Nixon’s historic 1972 visit to China, the U.S. president reportedly asked Premier Zhou Enlai what he thought about the impact of the French Revolution on history, to which the Chinese leader responded “It’s too soon to tell.” Something similar holds for the trade policy conclusions of the July 7-8 G20 summit in Hamburg. …Read More

For both Germany and the United States, China has become a foreign policy priority: a major strategic competitor in the Asia-Pacific region for the United States, and a willing partner on the topic of trade, technological development, and climate change for Germany. For the next two years, the United States and Europe will be in …Read More

During the world’s first phase of globalization before World War I, I had a great-grandfather who was a cigarette manufacturer in Czarist Russia. He traveled regularly to Turkey to purchase tobacco leaf, eventually moved with his family to London, spent a year in Bern, Switzerland, for both health and business reasons, and finally lived for …Read More

This paper is about the controversy swirling around foreign direct investment rules generally, and recent U.S. and European experiences in helping reshape their design. When this research project was proposed in mid-2016, its purpose was to look ahead at how investment protection rules had evolved on both sides of the Atlantic as a window into …Read More

The German-American relationship has gone from Bush 41’s call for a Partnership in Leadership to Trump’s view of Germany as one of America’s adversaries.  His National Security Advisor and top economic advisor recently explained the Trump administration’s view of foreign policy: as one in which, “[T]he world is not a ‘global community’ but an arena …Read More

While recently in Brussels, Donald Trump renewed his invectives against Germany’s trade surplus. This fits into an already quite familiar pattern: An unfriendly reception by demonstrators in Europe, major problems at home in Washington, bad press, and conflicts among his advisors lead to aggressive statements in talks with NATO and the EU leadership. Resetting trade …Read More

AICGS is pleased to present the written results of the first year of its new project “A German-American Dialogue of the Next Generation: Global Responsibility, Joint Engagement.” The six authors together with several other young Americans and Germans engaged with each other during the course of several months in 2016/17 in discussions to identify solutions …Read More

If it becomes a new White House mantra, a key paragraph that appeared in an op-ed by National Security Advisor H.R. McMaster and National Economic Council chief Gary Cohn in the wake of President Trump’s trip to Europe for the NATO and G7 summits would risk distorting U.S. engagement with the world. Writing on May …Read More

Although stock markets have demonstrated an initial positive reaction to the inauguration of President Donald Trump, the new administration’s inward-looking economic policy agenda with the motto “America First” has also brought new challenges and uncertainty to the future of transatlantic and international economic cooperation. To mention a few: certain aspects of tax reform, deliberate introduction …Read More

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