Ending the U.S. Trade Deficit with Europe: Inevitable, or Unnecessary?
“If something cannot go on forever it will stop.” – Herbert Stein, Chair of the White House Council of Economic Advisers 1972-74 When seeking to understand U.S. trade policy toward …
What Germany Can Teach Us About Manufacturing, Technology, and Trade
AGI Geoeconomics Program Director Peter Rashish spoke on a panel on “What Germany Can Teach Us About Manufacturing, Technology, and Trade” at the Aspen Ideas Festival on June 26, 2018. …
Mitigating the Adjustment Costs of International Trade
About the publication: The evidence demonstrating that nations gain from trade is overwhelming. However, trade liberalization can cause disruption to firms and workers, and its gains and losses are spread …
The White House’s Steel Tariffs Decision: Bad, But It Could Have Been Worse
We take the view that without a strong economy, you cannot have strong national security. – Wilbur Ross, U.S. Secretary of Commerce Yesterday’s decision by the Trump administration to levy …
Name the Free-Market Economy – America or Europe?
A Martian is being briefed about his upcoming visit to Earth, where he is told there are two big economies, Reagania and Bureaucratia. Reagania is known for its belief in …
The Transatlantic Trade Drama Enters Act III
The drama over steel and aluminum tariffs is now entering its third act. The plot lines have become clear, and the possible denouements are emerging. But it remains to be …
Trump: No Iran Nukes Even if Agreement Folds
Standing alongside Germany’s chancellor, U.S. President Donald Trump emphasized on Friday that Iran would not be permitted to build a nuclear arsenal, even if a deal intended to prevent that …
Merkel can make her second Trump visit a success
German Chancellor Angela Merkel, who meets with Donald Trump next Friday, hopes to improve on their inaugural tête-à-tête in March 2017 when the U.S. president appeared to withhold shaking her hand during an Oval Office …
How Germany can reframe the US-China trade debate
By Peter Rashish in Handelsblatt Global on April 4, 2018.
National Myths are an Unreliable Guide to Trade Policy
March Madness: it would be tempting to describe recent U.S. trade policy that way. First, the Trump administration imposed tariffs of 25 percent on U.S. steel imports and 15 percent …
Steel Tariffs are a Distraction from Transatlantic Cooperation on China
The White House’s decision on March 8th to impose tariffs on imported steel and aluminum is not without precedent: President George W. Bush did something similar in 2002 when there …
Trump’s Tariff Policy Present – and Yet-to-Come
Trump Rescinds Steel, Aluminum Tariffs Amid Concerns for Auto, Construction Industries Washington, December 20, 2019 – Stating that he wanted to avoid “too much of a good thing” for …