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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Global Economy
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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Leading a Trump-tariffs response force
Trump’s tariff announcement marks a turning point. Ignacio García Bercero argues that the European Union should work with Indo-Pacific and Global South trade partners to tackle US protectionism and push for WTO reform
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Trump’s non-cooperative game
President Trump is once again waging a ruthless economic battle against the rest of the world. Sylvester Eijffinger turns to non-cooperative game theory to attempt to understand what Trump thinks the US will gain from this war
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EU supply chain tectonics
The EU is adjusting its supply chains to mitigate risks and align with evolving trade and industrial policies. Román Arjona, William Connell Garcia and Cristina Herghelegiu argue that scaling up domestic production requires time and may exert some upward pressure on prices
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Retaliation is the EU’s only real option
Reciprocal US tariffs undermine the transatlantic economy. Moreno Bertoldi and Marco Buti consider US tariffs, and argue that the impact of phased tariffs on US goods and services is worth the immediate cost to Europe
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From linear to circular
The global economy is at a critical inflexion point. Ana Birliga Sutherland and Megan Murdie provide a guide for high-impact businesses to transform their material footprint and sustainably reform
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The compliance challenges to come
The imposition of concerted sanctions against Russia has changed the global sanctions landscape. Henrietta Worthington examines the impact of a peace deal, and says companies will need to watch closely to ensure compliance
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Non-trade objectives in trade agreements
Trade agreements increasingly include a focus on sustainability goals. Joseph Francois, Bernard Hoekman, Miriam Manchin and Filippo Santi examine the impact of environmental, labour, and civil rights provisions in trade agreements on related outcomes in developing countries
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