Executive Summary Introduction On April 6th, 2023, French President Emmanuel Macron and European Commission President Ursula Von der Leyen met with Chinese President Xi Jingping in his hometown of Guangzhou, China to discuss the bilateral relationship of Europe and China. The conversation centered on Sino-European trade relations, climate change and global solutions, the Ukraine war, and … Continue reading
Category Archives: Trade
“De-Dollarization”: BRICS Countries Propose New Currency
Executive Summary Introduction A top Russian official stated at the St. Petersburg International Economic Forum in March that Russia and India are working together on a central digital bank currency (CDBC), with the assistance of other BRICS nations (Brazil, Russia, India, China, and South Africa). State Duma Deputy Chairman Alexander Babakov stated that the currency … Continue reading
The Good, the Bad, and the Ugly: USTR Tai’s Week on Capitol Hill
Executive Summary Introduction On March 23rd and 24th, United States Trade Representative (USTR) Katherine Tai testified in front of the Senate Finance Committee and the House Ways and Means Committee, respectively. Ambassador Tai provided her annual congressional testimony focused on the Biden Administration’s trade agenda and ongoing trade pursuits. In almost seven hours of questioning, … Continue reading
Wine and Cheese: Europe’s Grating Support of Geographical Indications
Executive Summary Introduction “Like a fine cheese, this case has matured and is ripe for our review,” stated the judges of the Fourth Circuit Court of Appeals in their decision of an extensive legal battle between European cheese producers and the U.S. Patent and Trademark Office (USPTO). The court ruled this month against the Swiss … Continue reading
The Windsor Framework: Tackling “Troubles” in post-Brexit Trade in Northern Ireland
Executive Summary Introduction Three years after Brexit, United Kingdom Prime Minister Rishi Sunak and President of the European Commission Ursula von der Leyen announced the Windsor Framework. The plan would modify the Northern Ireland Protocol, the current trade rules that were agreed upon in the Brexit withdrawal agreement. The Protocol established EU compliant custom checks for products … Continue reading
The European Union’s Response to the Inflation Reduction Act
Executive Summary Introduction On August 16, 2022 President Biden signed into law the Inflation Reduction Act of 2022 (IRA). The IRA included numerous subsidies for corporations and consumers who produce and utilize “green energy.” Among the various product subsidies is a large tax credit for consumers who purchase American-made electric vehicles. The European Union was … Continue reading
Biden Wrongly Backed Trump in Steel Feud with the World Trade Organization
In March 2018, the Trump Administration levied a 25% tariff on steel imports and a 10% tariff on aluminum imports. The tariffs launched an international trade war between the United States and the majority of its closest trade partners. Multiple nations, angered by the tariffs, responded through formal complaints against the United States through the … Continue reading
China and Latin America: forging new economic ties in United States backyard.
China experienced explosive economic growth in the past few decades that helped it rise to the position of the second-largest economy in the world. It now aims to transform itself from a regional to a global hegemon, effectively challenging the US in its backyard, Latin America. The country’s Belt and Road Initiative (BRI) facilitated its … Continue reading
Trump States Will Be Hit by Chinese Pork Tariffs
Yesterday, the Chinese Ministry of Commerce imposed retaliatory tariffs on 128 U.S. products totaling $3 billion “in order to safeguard China’s interests and balance the losses caused by the U.S.” The tariffs, initially threatened in March, are the Chinese response to the Section 232 measures on steel and aluminum imposed by President Trump earlier that … Continue reading
Free Trade Works For Millennials
Photo courtesy of House Ways and Means Committee. By Rahee Jung and Finn D. Reynolds Executive Summary: Recent polls reveal that millennials support U.S. engagement in free trade agreements more than all other age demographics. Policymakers should take note of this trend, and further engage the United States in free trade agreements to grow the economy … Continue reading
Policy Interns 
You must be logged in to post a comment.