China / Europe / Trade

“Strategic Autonomy”: Macron Splinters on Western Relations with China 

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

Economy / 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

Europe / Trade

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

Europe / Foreign Policy / Trade

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 / Economy / Energy / Environment / Politics / Trade

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

China / Economy / Politics / Tariffs / Trade

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
America / Economy / Education / Politics / Trade

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