Agriculture hurdle could be insurmountable for U.S., EU negotiators
AICGS Senior Fellow and Director of the Geoeconomics Program Peter Rashish spoke with Inside U.S. Trade’s Brett Fortnam about the EU reaching agreement to start trade talks with the U.S.:
“There are reasons to believe the Trump administration could get a deal done with Europe, according to Kasperek and Peter Rashish, a senior fellow at the American Institute for Contemporary German Studies at Johns Hopkins University. Rashish cited two reasons for optimism: The fact that the Trump administration successfully renegotiated the North American Free Trade Agreement and the potential for the U.S. to recognize it needs allies to successfully confront China.
‘This administration concluded USMCA after stating it only wanted bilaterals. It shows pragmatism because the renegotiation was successful,’ Rashish said. ‘The other reason you can be optimistic is based on a recognition by the Trump administration that they won’t be able to solve their number-one issue — China — alone.'”
Read the full article at Inside U.S. Trade.
This article was originally published by Inside U.S. Trade on April 17, 2019.