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Jun 1, 2018

Conference call: New steel and aluminum tariffs: What does it mean for US trade with Mexico, Canada and the European Union?

By Patricia Thomas

On Thursday, May 31, 2018 President Trump’s administration imposed new steel and aluminum tariffs on Canada, Mexico, and European Union; three of the US’ closest allies. The Atlantic Council’s Adrienne Arsht Latin America Center, in partnership with the Atlantic Council’s Global Business and Economics Program held a conference call the following day to discuss the […]

Economy & Business European Union

New Atlanticist

Jun 1, 2018

Turmoil in Euro Area Spreads as Rajoy’s Government is Ousted in Spain

By Alvaro Morales Salto-Weis and Bart Oosterveld

Spanish Prime Minister Mariano Rajoy’s conservative government was ousted in a no-confidence vote on June 1, sharpening a crisis within the European Union (EU) which is already dealing with the political uncertainty in Italy. Rajoy’s startling ouster marked the first time Spain’s leader has been toppled in such a way since the country transitioned to […]

European Union International Organizations

New Atlanticist

May 31, 2018

US Imposes Tariffs on the EU, Mexico, and Canada

By Ashish Kumar Sen

US President Donald J. Trump’s administration announced on May 31 that it will no longer exempt Canada, Mexico, and the European Union from previously announced tariffs on steel and aluminum imports. This means tariffs—25 percent on imports of steel and 10 percent on imports of aluminum—will go into effect at midnight on June 1. The […]

Economy & Business European Union

New Atlanticist

May 31, 2018

In Defense of Orbán

By Zsigmond Perényi

An emotionally charged debate has resurfaced about the nature of Hungarian democracy in the wake of the ruling Fidesz party’s victory in parliamentary elections in April. While it is legitimate to have a well-reasoned and honest dialogue about Hungary’s current political landscape, a proper understanding of real-life events can only occur by sticking to the […]

European Union Hungary

New Atlanticist

May 30, 2018

‘You Don’t Point Guns at the Heads of Your Allies’

By Teri Schultz

Interview with Anthony Gardner, a former US ambassador to the European Union US President Donald J. Trump’s decision to withdraw from both the Iran nuclear deal and the Paris climate agreement as well as threats to impose tariffs on imports of European steel and aluminum have put transatlantic relations on the worst footing since the […]

European Union International Organizations

New Atlanticist

May 30, 2018

Transatlantic Split Over Iran Could Become the Worst Since the Suez Crisis

By Louis Golino

European efforts to preserve the Iran nuclear agreement, coupled with US plans to impose sanctions on Iran and secondary sanctions on companies that fail to comply with those sanctions, have contributed to a dangerous divide in the Atlantic community—one that threatens an economic relationship that remains the linchpin of the world’s economy. This is hardly […]

European Union France

New Atlanticist

May 30, 2018

Italy is Too Big to Fail

By Bart Oosterveld and Andrea Montanino

While the fundamentals of the Italian economy remain sound, the political uncertainty gripping the country has spooked markets. Tools created during the European debt crisis in 2009—such as the European Stability Mechanism (ESM)—are insufficient to support funding needs of the Italian sovereign and corporate sector for a sustained period of time. Interventions such as the […]

European Union International Organizations

New Atlanticist

May 28, 2018

Italy’s President Keeps Populists At Bay

By Nick Ottens

Italy is, not for the first time, in political crisis. But this time, what happens in Rome could have a big impact on financial markets, the euro, and the longer-term future of the European Union as a whole. Sergio Mattarella, the country’s largely ceremonial president, took the unusual step on May 28 of vetoing a […]

European Union International Organizations

In the News

May 23, 2018

Braw in The Wall Street Journal: How Europe Can Work With Trump

By Elisabeth Braw

Read the full article here

European Union International Organizations

New Atlanticist

May 21, 2018

Can the European Union’s Sanctions Blocking Regulation Save the Iran Nuclear Deal?

By Brian O'Toole

The European Union (EU) on May 18 announced that it was beginning the process to activate its proposed blocking regulation, initially proposed in 1996 to try to counteract what the EU saw as the extraterritorial reach under the United States’ Iran-Libya Sanctions Act (ILSA) and Cuba sanctions program. Those disagreements were settled politically with the […]

European Union International Organizations

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