Insights
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What is the Endgame of Trump’s Tariffs?
It’s an occupational hazard of a trade economist, perhaps, that you will get your holiday disrupted by Trump’s trade tirades. At any rate, this is what happened to me as I went for an Easter...
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Free Trade Is the Proper Response to US Protectionism
Six weeks after President Trump’s “Liberation Day”, in which he imposed “reciprocal tariffs” on the world, United States (US) trade policy remains predatory, volatile, and...
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Globalisation Is Winning – And Other Trade Trends in the Age of Trump
Trade talk has gone mainstream as a result of President Trump’s actions. On top of reporting costs and uncertainty to business this has meant numerous bold statements like the world never being the...
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Trade Retaliation – An Answer Waiting for Its Question
A question that is haunting the EU and other key trading partners of the United States is whether they should retaliate against Trump’s tariff assault. So far, the EU’s response to the Trump...
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Ten Days After Trump’s Trade Assault: US Staring into the Abyss
“There are weeks when decades happen”, Lenin famously said. The first two weeks of April this year have been such an event: major foundations of the global economic order have been shaken. The...
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Beyond Retaliation: A Zero-Tariff Pact Is Europe’s Smartest Move
The EU should act – now – to offer and call for a zero-tariff agreement with the United States. It should put the proposal on the table unilaterally, without waiting for permission from...
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After the Trump Tariff Package – Now What?
On April 2nd – sorry, Liberation Day – President Trump revealed his new package of “reciprocal tariffs”. There has already been a lot of commentary and analysis by economists and others, and...
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Faster Please, Europe: Four Lessons from Reagan
With increased U.S. pressure on Ukraine, it is useful to look to history for policy guideposts. I served in the Reagan White House as he worked to push back against Moscow, and Reagan viewed alliance...
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EuroStack’s Hypocrisy: A European Vision Built on American Cloud Solutions?
The EuroStack campaign, primarily led by small and mid-sized European cloud providers, open-source firms, and cybersecurity specialists, argues for "Aggressive Buy European" procurement rules to...
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Sorry, Mr Draghi, but EU Exports are not a Drain on Competitiveness
In a recent article in the Financial Times, Mario Draghi argues that the EU’s level of trade openness is unusually high and, in effect, a problem. In his view, Europe’s openness results from...