“EU-India: a renewed strategic partnership, or business as usual?” By Stefania Bengalia, courtesy of CEPS In 2004, India and the European Union signed a strategic partnership, based on the shared values and principles of democracy, the rule of law, human rights and the promotion of peace and stability. Today, though, free trade negotiations […]
Tag: tariffs
High tariffs benefit a few high flyers – and that’s it
“Higher Tariffs Benefit Certain CEOs, But Almost Nobody Else” By Daniel Griswold, courtesy of the Mercatus Center A big reason why tariffs are so tempting to politicians is that the costs they impose on the economy are diffused. These costs are spread across millions of households and thousands of businesses, forcing them to […]
New Protectionism: Still Protectionism and Bad Economics
By Veronique de Rugy, courtesy of the Mercatus Center For several years now, news headlines have reflected anxieties about the effects of globalization and freeing trade: Will jobs evaporate? Does China have an “unfair” advantage? Is the middle class disappearing? These fears need to be addressed, because they have resulted […]
Trade uncertainty slowing global economy
“A Fear of Regime Change is Slowing the Global Economy” By Uri Dadush, courtesy of Bruegel Institute Global GDP has slowed sharply, from near 4% in late 2017 to half that rate on an annualised basis in recent quarters. The downturn in fortunes over the last two years has come as a big surprise. […]
TES Weekly Update: Russian Bear Gets Cozy In The Tropics
Meet your fuzzy new best friend everyone Vladimir Putin may have promised that the “Russian bear” will stick to the cold climes of Siberia, but perhaps he wasn’t being entirely truthful (shocking, shocking). It seems the famous ursine avatar is sniffing around the Middle East and Africa — and Russia’s moves in these regions […]
Time for a U.S.-Switzerland trade deal?
“Roadmap to America” By Patrick Dümmler and Jennifer Anthamatten, courtesy of Avenir Suisse Free Trade Agreement Switzerland-USA: What we can learn from the first, failed attempt As early as 2006, Switzerland and the US were about to open official negotiations for a free trade agreement. This […]
Airbus tariffs are a warning shot
Courtesy of IFW Kiel The World Trade Organisation (WTO) has cleared US proposals of countervailing tariffs against European subsidies to Airbus. The US tariffs turn out to be relatively modest, but the US could raise them to up to 100 percent. According to researchers at […]
U.S.-Japan trade deal is all about propping up American farmers
“Implications of the Japan – United States Mini Trade Agreement” By Sybrand Brekelmans and Uri Dadush, courtesy of the Bruegel Institute On 25th of September, President Trump and Prime Minister Abe concluded a partial trade-agreement whose main provisions are to reduce Japan’s tariffs on […]
U.S. sits out this free trade round, looks tired
Like an aging jock, the U.S. is sitting on the sidelines as other countries move the ball forward on a field it once dominated. A number of the world’s biggest economies are striking free trade deals, threatening to form regional trade blocs excluding […]
Europe prepares to hit back on tariffs
The Trump administration’s decision to levy $7.5 billion in tariffs on European goods, officially sanctioned by the WTO following its judgment in favor of Boeing in a trade dispute over European subsidies to Airbus, will not go unanswered, according to German foreign affairs minister […]