The White House via Flickr
AGI-KAS 2023 Transatlantic Trade Week
  |
The global trading system is becoming increasingly contested as domestic, climate, and national security priorities play a larger role in U.S. and EU policymaking. In the United States, the Biden administration – with an approach that has been called “friendshoring” – is looking to reorient supply chains toward like-minded partners. In the European Union, several new policy tools – an anti-coercion instrument, a strengthened anti-subsidy measure, and a reciprocal approach to government procurement – all reflect a more geoeconomic approach to policy making. In both economies there is an interest in using trade policy to advance climate goals, including ongoing U.S.-EU talks aimed at a fresh approach to sustainable and fairly produced steel and aluminum. The American-German Institute and the Konrad Adenauer Stiftung aim to stimulate debate on this evolution in transatlantic trade policy during the third year of their “Transatlantic Trade Week.”
May 15 – Session One
The U.S.-EU Trade and Technology Council and the Future of Friendshoring
This online session covers avenues for enhancing the TTC’s trade deliverables, including bilateral aspects like conformity assessment, mutual recognition agreements, climate, and supply chain security and resilience, as well as multilateral issues like global trade rules and reform of the WTO. The decision by U.S. President Biden and European Commission President von der Leyen to pursue a critical minerals agreement reflects the key role that friendshoring is likely to play in transatlantic economic policymaking.
Speakers
Frances Burwell, Distinguished Fellow, Atlantic Council & Senior Director, McLarty Associates
Peter Harrell, Attorney, Peter Harrell LLC
Matthias Kraemer, Head of External Economic Policy, Federation of German Industries
Kai Whittaker, Member of the German Bundestag (CDU)
Moderator
Peter Rashish, Vice President & Director, Geoeconomics Program, AGI
May 17 – Session Two
Reconciling Trade and Climate Policies: The WTO and Beyond
This online session discusses the prospects for reform of WTO rules to facilitate the multilateral trading system’s response to climate change, the U.S. Inflation Reduction Act and a potential U.S.-EU critical minerals agreement, the EU Carbon Border Adjustment Mechanism, as well as negotiations toward a U.S.-EU Global Agreement on Steel and Aluminum and the German government proposal for a “Climate Club.”
Speakers
Chad Bown, Reginald Jones Senior Fellow, Peterson Institute for International Economics
Maria Martin-Prat, Deputy Director-General, DG Trade, European Commission
William Reinsch, Senior Adviser and Scholl Chair in International Business, Center for Strategic & International Studies
Claudia Schmucker, Head of the Center for Geopolitics, Geoeconomics, and Technology, German Council on Foreign Relations
Moderator
Peter Rashish, Vice President & Director, Geoeconomics Program, AGI
Concluding remark from Kai Whittaker, MdB, on Transatlantic Trade Week 2023
This event is supported by and presented in partnership with the the Konrad Adenauer Stiftung.
