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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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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We no longer live in a world where the reserve status of the dollar hinges on the US current account. Biagio Bossone says that status now depends on the credibility of US institutions, the depth of its markets, and the robustness of the infrastructure that underpins the global dollar system
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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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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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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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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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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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Europe needs to be able to defend itself against Russia, with or without the United States. Alexandr Burilkov and Guntram Wolff argue that Europe could need 300,000 more troops and an annual defence spending hike of at least €250 billion in the short term to deter Russian aggression
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President Trump’s recent pronouncements on tariffs have received considerable attention. Michael Gasiorek and Nicolo Tamberi take a step back and considers some of the broader arguments for raising tariffs and the potential repercussions
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