While deeply disappointing that the surprise deal maintains aluminium and steel tariffs against the EU beyond a modest quota, it alleviates a major irritant in transatlantic relations and contains interesting and innovative features relating to climate policy and to dispute settlement under WTO rules.
In-depth analysis prepared for the European Parliament's Committee on Economic and Monetary Affairs (ECON).
All of this talk on strategic retrenchment and autonomy is the language of escalation, not of appeasement and collaboration.
Germany and the EU need to develop a strong and proactive agenda to manage foreign economic relations, which are essential for German and European prosperity.
The best way for the EU and the US to jointly introduce carbon border adjustment would be to form a ‘climate club’.
When Joe Biden visits Europe for the first time as US president, he should begin forging a transatlantic green deal.
Can the three biggest economies agree a carbon tax on imports to catalyse climate action globally?
If the three biggest economies agree a carbon tax on imports, it will catalyse climate action globally.
Join us for a discussion of transatlantic competition with Kristalina Georgieva, Margrethe Vestager and Amy Klobuchar among others.
Structural factors are putting downward pressure on rates: is it time for macroeconomic policy to play second fiddle in managing demand?
How US climate policy is likely to evolve, and which international impacts can be expected?
President Biden has promised to implement a levy on carbon-intensive imports, albeit without a federal domestic carbon price. The measure faces a number of difficulties, but could feasibly be implemented. The route chosen by the US will have important implications for the EU's own plans.