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Mitigating the Adjustment Costs of International Trade

About the publication: The evidence demonstrating that nations gain from trade is overwhelming. However, trade liberalization can cause disruption to firms and workers, and its gains and losses are spread …

Deepening the Transatlantic Dialogue on Financial Regulation

Are Our Financial Systems Sound and Stable? Since the reform overhauls following the crisis in 2008, experts have agonized about the question whether financial systems across the Atlantic are sound …

Social Cohesion in the United States and Germany: Will Protectionism and Income Redistribution Be Helpful?

While the economy is booming, society is drifting apart. Social cohesion is showing cracks and political stability is in many places in danger. Partitioning is again becoming an issue. These …

Anticipating Economic Challenges

Geoeconomics Recommendations With radical unpredictability being a factor on both sides of the Atlantic, anticipating some of the main obstacles facing the transatlantic partnership is a core task for participants …

Keep Calm and Fill In the Gaps

A thoughtful response and an ambitious European agenda are Germany’s best options for the Trump era The world, America, and transatlantic relations have survived the first year of the Trump …

The Dangers of Division: The Importance of Transatlantic Cooperation in a Changing Political Climate

AICGS is pleased to present the written results of the second year of its project “A German-American Dialogue of the Next Generation: Global Responsibility, Joint Engagement.” The six authors together …

Hanna Wang, DAAD/AICGS Research Fellow

AICGS is pleased to welcome Hanna Wang as a DAAD/AICGS Research Fellow for June and July 2018. Ms. Wang is currently a doctoral student in Economics at the University of Pennsylvania. …

The White House’s Steel Tariffs Decision: Bad, But It Could Have Been Worse

We take the view that without a strong economy, you cannot have strong national security. – Wilbur Ross, U.S. Secretary of Commerce Yesterday’s decision by the Trump administration to levy …

Name the Free-Market Economy – America or Europe?

A Martian is being briefed about his upcoming visit to Earth, where he is told there are two big economies, Reagania and Bureaucratia. Reagania is known for its belief in …

Germany and the United States: The Strategic Triangle in the Transatlantic Relationship

On May 4, 2018, a group of high-profile American and German government officials, think tank experts, and industry leaders came together at AICGS to discuss transatlantic interests and strategies toward …

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The Transatlantic Trade Drama Enters Act III

The drama over steel and aluminum tariffs is now entering its third act. The plot lines have become clear, and the possible denouements are emerging. But it remains to be …

The Risks of American Protectionism for Europe

The decision by U.S. president Donald Trump to impose steel and aluminum tariffs poses great risks for Europe and the global trade system. The temporary exemption for European countries until …

Merkel can make her second Trump visit a success

German Chancellor Angela Merkel, who meets with Donald Trump next Friday, hopes to improve on their inaugural tête-à-tête in March 2017 when the U.S. president appeared to withhold shaking her hand during an Oval Office …

The Open Door Swings Back: The Challenge of Chinese Investment

On 26 February, the Taurus docked at pier 3 in Greece’s rebuilt port of Piraeus. At nearly two hundred thousand tons, the ship is longer than four football fields and capable of …