What should the EU aim for?
The European Union is a pillar of the trading system. Ignacio García Bercero argues the EU should plan for both the short term and the long haul in trade talks with the United States
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Global Economy
Driving innovation in Africa
Mobility is important in the global knowledge economy. Linguère Mously Mbaye argues Africa can leverage mobility to enhance its innovation capacity and foster economic growth
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Challenges of the G20
Lesetja Kganyago discusses the strengths, achievements, and challenges of the G20, particularly focusing on how process issues hinder effective policy formulation, emphasizing the need for a more focused agenda and streamlined processes to enhance the G20’s effectiveness
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Tariffs cannot fund the government
In the past most government spending was funded from import tariffs. Simon Evenett and Marc-Andreas Muendler discuss whether this practice could work today, paying attention to the displacement effect on revenues
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Is the international monetary system unfair?
Agnès Bénassy-Quéré considers the idea that there could be lasting reversal of exchange rates following an international currency agreement highly speculative, and argues that a multipolar system would attenuate the Triffin dilemma and provide the US with a deficit-adjustment tool
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A strategic response to tariffs
The tariff policy of the United States is coming to light. Ignacio García Bercero argues that the European Union should reinforce European leadership and seek allies as part of a strategy on US tariffs, and should not get sucked into US decoupling from China
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Reacting to the new reality
The European Union should form an international open trade coalition in response to Trump’s tariffs, says André Sapir. A formal commitment to open rules-based trade by the EU and likeminded countries is essential to respond to today’s dangerous new trade reality
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Tariffs and digital services
EU targeting of digital services in tariff retaliation would present challenges. Bertin Martens argues that the European Union lacks an instrument to unpick crossborder transactions on US digital platforms
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Upending the global trade policy landscape
The tariff measures represent a seismic shift in the global trading landscape. Simon Evenett and Johannes Fritz discuss how the US has moved away from rules-based trade governance toward a results-oriented and probably a more transactional approach
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Why America is acting this way on trade
If Trump’s trade policy is the earthquake, the long-standing hardships confronting America’s middle class are the tectonic plate shifts that made it inevitable. Richard Baldwin considers US trade hesitancy
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