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Economics

Today, Germany stands at the center of Europe and is the most influential member of the European Union. Germany is a key partner of the U.S. in its most important international trade and economic relationships. As two of the world’s leading trading nations, the United States and Germany share a deep and abiding interest in the health of the world economy. There is no other country with which the U.S. shares a stronger mix of interests and values.
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Protectionism Is the Wrong Medicine

The principles of a liberal economic and social order have assured increasing wealth and living standards in the last decades and globalization has been one of the main driving engines …

For Now, the White House Sees Trade with the EU as Win-Win

The transatlantic trade truce announced by President Trump and EU Commission President Juncker after their meeting in the White House yesterday is significant for two reasons. First, the U.S. president …

President Trump’s trade war, launched without a strategy to win it, is backfiring

President Donald Trump has told us that “trade wars are good, and easy to win.” He seems to have thought that just threatening to impose tariffs would bring other countries to their …

Galina Kolev, AGSR Fellow

AGI is pleased to welcome Galina Kolev as an AGI/GMF Fellow with the American-German Situation Room in Washington, DC, in July 2018. Galina Kolev is senior economist and head of …

Germany’s Real LNG Strategy

The German federal government has decided in favor of building liquid natural gas (LNG) import terminals and infrastructure. In March, Chancellor Angela Merkel’s CDU/CSU-SPD government, in its “coalition contract,” pledged to …

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Ending the U.S. Trade Deficit with Europe: Inevitable, or Unnecessary?

“If something cannot go on forever it will stop.” – Herbert Stein, Chair of the White House Council of Economic Advisers 1972-74 When seeking to understand U.S. trade policy toward …

Engaging the Next Generation of Leaders

The AGI project “A German-American Dialogue of the Next Generation: Global Responsibility, Joint Engagement” engages young Americans and Germans in discussions of current issues of concern for the transatlantic relationship. …

What Germany Can Teach Us About Manufacturing, Technology, and Trade

AGI Geoeconomics Program Director Peter Rashish spoke on a panel on “What Germany Can Teach Us About Manufacturing, Technology, and Trade” at the Aspen Ideas Festival on June 26, 2018. …

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 …