All commentary & analysis

Mon, Jan 27, 2020

The potential global impact of the coronavirus outbreak

Beijing “must act” to contain the coronavirus outbreak, Miyeon Oh says, “especially in light of the indirect but potentially massive economic, social, and political impacts of the coronavirus in the region and around the world.” There is growing concern in Beijing as well, Robert A. Manning added, “that if this pandemic is only in its early stages, it could become the straw that broke the camel’s back for an already anemic economy.”

New Atlanticist by David A. Wemer

China International Markets

Mon, Jan 27, 2020

How the transatlantic trade agenda can get its grove back in 2020

Transatlantic policymakers should not waste this opportunity to redefine the transatlantic relationship. Leaders looking for traction should learn from the recent past and chart a different trajectory this year. In particular, they should acknowledge that different interests exist, focus on economic areas where interests align well, and pragmatically maximize efforts to align commitments.

New Atlanticist by Barbara C. Matthews

European Union Trade

Wed, Jan 22, 2020

Revamping antitrust in the digital era

As technology permeates virtually every aspect of society, antitrust legislation must adapt to account for the digital threats to consumer welfare.

Blog Post by Emma Martinez Daniel

Macroeconomics United States and Canada

Wed, Jan 22, 2020

Europe to take center stage in global trade talks

With the “phase one” trade deal behind them, the United States and China will now probably shift attention to sorting out their economic and trade relationships with Europe. Caught in the middle of the US-China trade war and geopolitical competition, the European Union (EU) has tried to steer an independent course, balancing security and geopolitical concerns with economic and business needs. Doing so, however, has exposed many differences vis-a-vis the United States as well as China.

New Atlanticist by Hung Tran

China European Union

Wed, Jan 15, 2020

At the beginning of 2020, what are the global risks and growth prospects for the Euro Area?

After the high real growth of the EA in 2015 (averaging slightly more than 2% per year), growth in 2019-20 has been downgraded as several risks materialized. Furthermore, the balance of persistent global or domestic risks remain negative even if less than last year.

New Atlanticist by Marc-Olivier Strauss-Kahn

European Union International Markets

Mon, Jan 13, 2020

Trump’s bilateral trade deals are undermining the global trading system

Overall, the three early 2020 agreements have started to transform the multilateral rule-based system into a largely bilaterally managed, outcome-based system. RTAs and their new practices accelerate the fragmentation of the world trading system into numerous trading zones with different overlapping memberships and trade coverage, tariffs, quotas, and quantitative trade targets, plus other rules such as local content and country of origin requirements as well as dispute settlement processes.

New Atlanticist by Hung Tran

China European Union

Tue, Dec 17, 2019

Russia gas pipeline sanctions legislation (PEES Act): A way ahead

Enacting the sanctions mandated by the Protecting Europe’s Energy Security Act (PEES Act), for all its careful crafting, may not actually block Nord Stream II but may instead burden the US-German relationship. Rather than impose sanctions, the administration should waive them for now but prepare even stronger contingency sanctions to be implemented should the Kremlin once again use gas exports as political leverage against Ukraine, Central Europe, or the Baltics.

New Atlanticist by Daniel Fried

Economic Sanctions European Union

Mon, Dec 16, 2019

“Phase One” agreement: Whither the US-China trade war?

The “phase one” deal represents a truce—welcome as it is—in the trade war but nowhere near a solution to the main challenges China poses to the United States and the world trading system more generally.

New Atlanticist by Hung Tran

China Trade

Fri, Dec 13, 2019

How the USMCA impacts transatlantic trade policy

The attention today rightly sits with the breakthroughs regarding the labor and environment provisions of the USMCA. But trade policy strategists in Europe and the United States should not delay in using the USMCA’s digital trade chapter as a catalyst to define new foundations for cross-border trade in data and services which will drive economic growth and innovation for the foreseeable future.

New Atlanticist by Barbara C. Matthews

Digital Policy European Union

Mon, Dec 2, 2019

Dual threats imperil the WTO

The WTO will have to deal with intensifying pressure to undertake radical reform, without which it could slide further into irrelevance in a new world trade environment fragmented by a growing number of regional and bilateral trade agreements.

New Atlanticist by Hung Tran

International Financial Institutions Trade