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As the U.S. Economy Gains Steam, the Trade Deficit Debate Could Return

During the Biden administration’s first 100 days, a milestone that will be reached on May 1, trade policy has so far not played the central role it did under the …

Transatlantic Economic Relations under the Biden Administration

Be careful what you wish for? In this commentary for the European Policy Centre in Brussels, Geoeconomics Program Director Peter Rashish argues that a U.S.-EU approach to China that leaves …

EU Answers U.S. Call to Cooperate on China, Now Comes the Hard Part

The recent tit-for-tat sanctions between the EU and China over human rights abuses in Xinjiang feel like a turning point in EU-China relations. Beijing’s fierce retaliation that targeted EU institutions, …

Episode 39: Revitalizing Transatlantic Power

President Joe Biden has made rebuilding the transatlantic partnership a focus of his administration after four years of frosty relations between Europe and the United States. One of the most …

USTR’s Promising Start for Transatlantic Economic Relations

On Monday, the Biden administration released the 2021 Trade Policy Agenda and 2020 Annual Report, an annual event that the 1974 U.S. trade act requires take place by March 1. …

The EU’s Trade Policy Review: Conflicting Signals for Transatlantic Strategy?

The European Commission released its long-awaited Trade Policy Review (TPR) this week, placing it under the banner of “An Open, Sustainable and Assertive Trade Policy.” Perhaps because of the manifold …

Peter Rashish Calls for Enhanced U.S.-EU-Japan Trilateral Process in Foreign Policy Article

In his recently published Foreign Policy article, “Biden Should Finish Trump’s One Good Trade Idea,” AICGS Senior Fellow and Geoeconomics Program Director Peter Rashish advises the Biden administration to revive …

Race to the East? China Revives the 17+1 Summit

Last month, Beijing suddenly announced a plan to host a digital 17+1 one summit in February, bringing its relationship with Central and Eastern European countries (CEEC or CEE) back into …

From IT Security Law 2.0 to Open RAN: Germany’s 5G Strategy Evolves beyond the Huawei Debate

On January 27, the German federal government presented the draft IT Security Act 2.0 (IT-Sicherheitsgesezt 2.0) to the German Bundestag, pushing ahead a reform that is seen by some as …

A Digital Euro and Central Bank Digital Currencies

Cryptocurrencies continued to make headlines in 2020 and early 2021. For one thing, Bitcoin rallied again in November, December, and the beginning of January, lifting its price to more than …

Episode 37: A Warming Trend for the U.S.-EU Partnership?

Joe Biden’s inauguration as the 46th president of the United States has generated optimism about the prospects for renewing transatlantic relations after the cold front of the Trump years. As …

Episode 36: The Politics of Drones and the Future of Germany’s Defense Policy

Germany has dramatically increased its defense spending since the wake-up call of Russia’s 2014 annexation of Crimea and intervention in eastern Ukraine – the 2020 defense budget is 40% greater …

The Trade Agenda for the 46th U.S. President –Advancing Global Economic Order?

As Joe Biden takes office as the 46th President of the United States the country is at a turning point in its trade policy, one where rules are likely to …

After the Capitol Siege: Politics First, Then Economics

One of the signature lines in Bertolt Brecht’s Three Penny Opera, a product of social ferment in 1920s Berlin, is “Erst kommt das Fressen, dann kommt die Moral.” One implication …