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Episode 04: One of the Largest Deals Ever Made: Talking Trump, China, and Trade

On December 1, President Trump and Chinese President Xi Jinping met during the G-20 summit in Argentina and agreed, it seems, to put the economic disputes on ice.  No raising …

A Decade After Its Inception, The G20 Engine is at Risk of Stalling

After ten years of G20 meetings, development on crucial points on the agenda was stagnant. This concerns particularly three policy areas that Germany had made a priority during its G20 …

A G20 Reality Check Eases Global Trade Tensions

Less is more, said the German Bauhaus architect Ludwig Mies van der Rohe. That may be the inspiration behind the fewer than 100 words the G20 leaders devoted to trade …

Transatlantic Trade: Great Expectations and Low Chances for Success?

On July 25, U.S. president Donald Trump hosted European Commission president Jean-Claude Juncker in Washington in an attempt to bridge some of the many growing economic policy divergences between the …

Transatlantic Relations and the Digital Economy Post-USMCA

The TPP is dead, long live the USMCA.  Despite the United States withdrawing from the Trans-Pacific Partnership (TPP), the digital trade chapter of the United States Mexico Canada Agreement (USMCA) …

Trying to Make Sense of the U.S.’ Trade Policy

Traditional arguments that are commonly put forward to justify the implementation of import tariffs—high domestic unemployment, the protection of an infant industry, or external effects, for example on the environment—may …

On Capitol Hill, Transatlantic Trade Returns to Its Roots

Once, when I was trying to explain to a German acquaintance the personalities and geography of U.S. trade politics, I casually mentioned that despite skepticism toward trade among many Democrats, …

Episode 01: Talking Transatlantic Trade: Will the truce hold?

Trade is a top issue in the transatlantic relationship. Since he took office, President Trump has been focused on the U.S. trade deficit and economic competition with Europe, with China, …

After NAFTA: What the USMCA Means for Germany and Europe

October 1 saw the birth of the “United States-Mexico-Canada Agreement” that will replace NAFTA, the 25-year old accord that governed trade among the three North American countries. While the EU …

AICGS Senior Fellow Peter Rashish Joins T20 for Presentation of Communiqué at Summit in Argentina

Washington, DC, September 25, 2018 – AICGS Senior Fellow and Director of the Geoeconomics Program Peter Rashish joined other members of the Think 20 to present its Communiqué to President …

U.S., EU Negotiators Meet in Bid to Ease Trans-Atlantic Trade Tensions

“While this refound enthusiasm for strengthening trans-Atlantic economic ties holds promise, both the United States and the European Union have learned from experience that progress is not guaranteed,” Senior Fellow …

The West’s Greatest Challenge Lies in Washington, Not Moscow

It has been a month now since Donald Trump’s indulgence in Helsinki of Vladimir Putin’s “extremely strong” denial of Russian involvement in hacking the 2016 U.S. election. With this move, …

EU Blocking Statute and U.S. Sanctions: Difficult Choices for German Companies

The first batch of re-imposed U.S. sanctions on Iran is in effect. As a countermeasure, the EU has updated its already existing Blocking Statute with measures that entered into force …

The Political Economy of Trade Balances: Too Simple to Understand!

The issue of bilateral trade balances between the United States (U.S.) and its trading partners (not enemies!) has dominated the discussion of transatlantic trade relations in the past 18 months. …