Marie Kasperek

  • 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.


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  • Kasperek Joins Cheddar to Discuss China Trade Talks


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  • Two Years of Trump: Key Moments in Foreign Policy

    January 20 marks two years since US President Donald J. Trump took office. We take a look back at some of the big foreign policy headlines made by the president and his administration over these past two years.


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  • Trump, Xi Reach Trade War Truce… For Now

    US President Donald J. Trump and Chinese President Xi Jinping on December 1 agreed to a truce in their trade war in order to allow time for negotiations. In what is a significant de-escalation of a conflict that has been marked by tit-for-tat tariffs, Trump and Xi put on hold threatened tariff increases for ninety days.

    The agreement was reached during a dinner meeting between the two leaders after the Group of 20 (G20) summit in Buenos Aires, Argentina.

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  • Will There Be Trade Breakthroughs in Argentina? What To Watch at the G20

    On November 30, global leaders will convene in Buenos Aires, Argentina, to discuss areas of economic cooperation and the world trading system. The tenth Group of Twenty (G20) summit, which convenes the leaders of twenty of the largest economies in the world, will focus on fair and sustainable development, but the numerous side meetings between allies and adversaries alike could provide some of the most significant diplomatic action.

    US President Donald J. Trump will not only attend the G20 meetings but also host meetings with Chinese President Xi Jinping, German Chancellor Angela Merkel, Argentine President Mauricio Macri, South Korean Prime Minister Lee Nak-yeon, Turkish President Recep Tayyip Erdoğan, and Indian Prime Minister Narendra Modi. Additionally, Trump is expected to...

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  • Trade Wars? Let’s Talk Turkey

    Over the past few months, US President Donald J. Trump’s administration has engaged in trade disputes with several of the United States’ trading partners, most notably China, but also traditional allies like the European Union (EU), Canada, and Mexico. EU Commissioner for Trade Cecilia Malmström, who was in Washington last week for discussions with US Trade Representative Robert Lighthizer, was unable to make much headway in transatlantic trade talks. All eyes are now on the G20 summit in Buenos Aires on November 30 and December 1 at which Trump and Chinese President Xi Jinping are expected to try and de-escalate trade tensions between their two countries.

    These trade disputes do have a silver lining: your Thanksgiving turkey will be cheaper this year. But before we celebrate this price drop let’s take a closer look at what it tells us about what is going on in the world of trade.

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  • World Economic Outlook: Trade Tensions and Tariffs a Major Threat to Global Economic Growth

    This week, the Boards of Governors of the International Monetary Fund (IMF) and World Bank Group (WBG) will convene for their annual meetings in Indonesia to discuss issues of global concern, including global economic growth. In the context of the meetings, the IMF publishes the World Economic Outlook (WEO) which analyzes global growth prospects in the short- and medium-term and the risks which impede these prospects. While this October’s report still predicts a steady expansion for 2018-19 at a 3.7 percent growth rate, this forecast is 0.2 percent lower than in April. One of the major reasons for this downward correction are recent trade policies which are expected to continue to be a downward risk leading to further disruption, uncertainty, and weaker growth.

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  • Pence Takes Aim at China

    US Vice President Mike Pence took direct aim at Beijing in an October 4 speech in which he accused China of “pursuing a comprehensive and coordinated campaign to undermine support for the president, our agenda, and our nation’s most cherished ideals.”

    Pence’s speech followed similar remarks by US President Donald J. Trump at the United Nations Security Council on September 26. Trump there accused Beijing of “meddling… because I am the first president ever to challenge China on trade and we are winning on trade.” China and the United States have been locked in a tit-for-tat exchange of tariffs after Trump placed restrictions on $50 billion worth of Chinese goods in June. On September 17, the United States placed...

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  • Meet the New NAFTA: The United States-Mexico-Canada Agreement

    Canada agreed, moments before the clock ran out on a September 30 deadline, to sign on to a trade agreement between the United States and Mexico that would replace the North American Free Trade Agreement (NAFTA). The new agreement will be known as the United States-Mexico-Canada Agreement or USMCA.

    US President Donald J. Trump announced the deal at the White House on October 1 describing it as a “brand new deal to terminate and replace NAFTA.” With this breakthrough, Trump has fulfilled his campaign promise to rewrite NAFTA, which he has called “the worst trade deal in history.” The new agreement was negotiated “on the principle of fairness and reciprocity,” said Trump.

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  • Trump Accuses China of Meddling in Midterms. It's All About Trade.

    US President Donald J. Trump accused China of attempting to interfere in the US midterm elections in November at a meeting of the United Nations Security Council (UNSC) in New York on September 26.

    China does “not want me or [the Republicans] to win,” he said. His remarks came as he chaired the UNSC meeting on nonproliferation of weapons of mass destruction. This is the first UNSC session chaired by Trump and only the third time a US president has led a session.

    Trump offered no specific evidence of China’s purported “meddling” during his speech, but tied it directly to the trade issue, saying Beijing wants him to lose “because I am the first president ever to challenge China on trade and we are winning on trade.”

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