Marie Kasperek

  • Trump, Xi Pause US-China Trade War

    Trump lifts some restrictions on Chinese telecommunications firm Huawei

    US President Donald J. Trump agreed on June 29 to lift some restrictions on Chinese telecommunications giant Huawei and delay imposing new tariffs on Chinese goods. These concessions were announced following a meeting between Trump and Chinese President Xi Jinping on the sidelines of the G20 summit in Osaka, Japan, at which the two leaders agreed to restart trade negotiations between their countries.

    “Frankly, this was all fairly predictable,” said Mark Linscott, a senior fellow with the Atlantic Council’s South Asia Center and a former assistant US trade representative (USTR) for South and Central Asian Affairs.

    “The two sides had already made progress before and intensifying the war is in neither side’s interest,” Linscott said, adding, “At this point, it seems a lot easier to impose tariffs than to lift them, so avoiding new ones makes a lot of sense, particularly to allow

    ...

    Read More
  • Can Xi and Trump Pause their Trade War in Osaka?

    US President Donald J. Trump and Chinese President Xi Jinping may agree to a temporary ceasefire in their ongoing trade war when they meet in Osaka, Japan, on June 29, but a full trade deal is unlikely, according to Bart Oosterveld, C. Boyden Gray fellow on global finance and growth and director of the Atlantic Council’s Global Business and Economics Program.


    Read More
  • WTO Deputy Director-General Wolff: The United States Seeks to Change the WTO

    The World Trade Organization (WTO)’s appellate body—part of the WTO’s dispute settlement system, once considered “the crown jewel” of the global trading system—is facing an existential crisis. The United States is blocking any new appointments to the body to force its members to update the WTO rulebook and address its concerns and to limit its judicial reach. While Washington’s path to achieve change is highly disruptive, many of the US administration’s points of discontent are shared by other members who agree that the WTO is in urgent need of reform.

    Usually a body of seven, the appellate body has recently been reduced to three, the minimum number to decide a case under current rules. By December 2019, only one member will remain as the terms of two members expire. Without new appointments, the body would be made unfunctional.


    Read More
  • After China, Will the EU Be the Next Target of Trump’s Tariffs?

    When Chinese negotiators reportedly walked back some of their commitments to structural changes within the framework of a US-China trade deal late last week, US President Donald J. Trump threatened to increase tariffs on Chinese imports from 10 percent to 25 percent despite ongoing negotiations — a threat that became a reality at midnight on May 10. China announced retaliatory tariffs and Trump said he would impose tariffs of 25...
    Read More
  • Trump’s Strong Tariff Card And Why He Won’t Put It Away Anytime Soon

    A strong economy and the support of his base have created the conditions necessary for US President Donald J. Trump to ratchet up pressure on China in trade talks, according to the Atlantic Council’s Bart Oosterveld.

    The stock market’s “muted overall reaction to the threat of tariff escalation” and the fact “that the United States is performing exceptionally well on jobs and growth” have provided the administration “the economic leeway to take drastic measures against China,” said Oosterveld, who is the director of the Atlantic Council’s Global Business and Economics Program and C. Boyden Gray Fellow on Global Finance and Growth.


    Read More
  • A Look at the Implications of Trump’s Decision to End Sanctions Waivers for Countries Importing Iranian Oil

    The Trump administration’s decision not to grant any more sanctions waivers to countries that import oil from Iran is part of a maximum pressure strategy intended to cut off a critical source of revenue and force Iran to the negotiating table. But it will likely result in an increase in oil prices, resistance from countries that continue to buy Iranian oil, and a backlash from Tehran, according to Atlantic Council analysts.


    “The Trump administration’s announcement is certain to face pushback from major importers of Iranian oil, raise prices for consumers, and further erode the utility of sanctions as a non-military tool of US foreign policy,” said Barbara Slavin, director of the Atlantic Council’s Future of Iran Initiative.


    Read More
  • Kasperek Quoted in World Trade Online on Agricultural Negotiation Between the US and the EU


    Read More
  • EU, China Agree to Deepen Trade Ties

    Both sides decide ‘there should not be forced transfer of technology’

    The European Union and China on April 9 agreed to strengthen their trade relationship, cooperate on WTO reform, widen market access, and not force businesses to hand over their intellectual property— the last a longstanding complaint of foreign investors in China.

    The announcement followed a meeting between European Council President Donald Tusk, European Commission President Jean-Claude Juncker, and Chinese Prime Minister Li Keqiang in Brussels.

    “We managed to agree a joint statement which sets the direction for our partnership based on reciprocity,” Tusk said.


    Read More
  • Kasperek Quoted in Vox on Trump Imposed 11 Billion Tariff on EU


    Read More
  • The EU Draft Motion That Could Lead to Car Tariffs

    As US-China trade tensions calm down, they could escalate quickly on the transatlantic front

    While a US delegation led by Trade Representative Robert Lighthizer and Commerce Secretary Steven Mnuchin is in Beijing to try to de-escalate the current tariff tensions ahead of a March 1 deadline, clouds are gathering on the transatlantic trade front. A draft motion tabled by the European Parliament (EP) last week could end trade negotiations before they even officially start—and pave the way for US tariffs on European cars and car parts. With the US Commerce Department’s investigative report into whether foreign automobiles are a security threat to the United States due by February 18, European hesitation about the negotiating mandate could prove fatal.


    Read More