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Jul 28, 2020

Busch in The Hill: The US has more to gain from WTO reform than just punishing China

By Marc L. Busch

Marc Busch writes that while China's trade practices are relevant to the discussion on WTO reform, the current narrative mistakenly singles out China and limits the prospects for deep reform.

China Economy & Business

New Atlanticist

Jul 28, 2020

As central banks implement coronavirus rescue plans, has moral hazard been forgotten?

By Hung Tran

With financial markets beginning to astoundingly recover, despite continued economic pain and an uncertain pandemic picture, the fear of moral hazard seems to have been forgotten.

Coronavirus Financial Regulation

New Atlanticist

Jul 27, 2020

What happened to transatlantic cooperation on WTO reform?

By Marie Kasperek

Contrary to the transatlantic aspirations on WTO reform in the summer of 2018, there is now less cooperation, more setbacks, and a bleak outlook for at least the rest of 2020.

European Union Eurozone

New Atlanticist

Jul 27, 2020

Perfect competition: Getting a US-EU trade deal was never going to be easy

By Julia Friedlander

US Trade Representative Robert Lighthizer recently criticized the EU for negotiating seventy-seven individual trade agreements globally. What was more striking in this comment was not the criticism of Brussels, but what that number revealed about the transatlantic dilemma. Europe can take home ancillary prizes but the golden goose—an agreement with the United States—remains out of reach.

European Union Eurozone

New Atlanticist

Jul 27, 2020

Two years after Rose Garden deal, Europe prefers to wait it out

By Bart Oosterveld

Two years after the Juncker-Trump summit, a realistic scenario for transatlantic trade discussions in the next few years is progress on minor aspects. Think of lullaby topics like closer alignment of insurance regulation. With such political uncertainty, policymakers on both sides of the Atlantic will hope for agreements that the press tunes out quickly and make sure that farmers do not block the access roads to Paris.

European Union Eurozone

New Atlanticist

Jul 27, 2020

Europe and the US should remember their Rose Garden intellectual property pledge

By Marc L. Busch

While progress on protecting intellectual property since the summit has been disappointing, it still provides a compelling opportunity for the United States and Europe to join forces to protect this key economic freedom.

European Union Eurozone

New Atlanticist

Jul 27, 2020

The curious case of the US Treasury and Gaz Group

By Brian O’Toole

The US Treasury Department’s Office of Foreign Assets Control (OFAC) very quietly issued two extensions of general licenses on July 22 related to Vladimir Putin-tied oligarch Oleg Deripaska’s Gaz Group that, while apparently going unnoticed, constitute a significant change in the sanctions on Gaz, which can now seemingly operate according to something like business as usual.

Economic Sanctions Russia

Blog Post

Jul 23, 2020

The future of global supply chains post COVID-19

By Asia Security Initiative and Global Business and Economics Program

The impact of the COVID-19 pandemic is reverberating throughout economies across the globe. As states begin to recover, a key question for the post-pandemic order is to what extent existing high-tech supply chains will be reshuffled or uprooted, particularly amid intensifying strategic competition between the United States and China.

China Economy & Business

New Atlanticist

Jul 22, 2020

EU deal is a win-win for all sides

By Antonio de Lecea

The €1.8 trillion agreement was the subject of intense debate over several days, but in the end European leaders reached a compromise that is a win-win for all sides and will strengthen the EU’s economy and political stability during turbulent times.

Coronavirus European Union

New Atlanticist

Jul 22, 2020

As candidates to be the next WTO leader call for reform, destructive subsidy practices must loom large

By Mark Linscott

The director general race likely must run its course before a group of WTO Members can press ahead to launch a new negotiation on subsidies. But the WTO cannot afford to be on the sidelines for long.

International Organizations Trade