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Policy Brief

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Europe in a new world order

In this paper the authors explore what the EU’s strategic reaction should be to US diminishing giant policies, and the EU’s role in a world of declining hegemony and shifting balances

By: Maria Demertzis, André Sapir and Guntram B. Wolff Topic: European Macroeconomics & Governance, Global Economics & Governance Date: February 17, 2017
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Blog Post

Marek Dabrowski

The EU should not retaliate against Trump’s protectionism

If the US moves ahead with Republican plans to introduce a border adjustment tax, the EU will need to decide on its response. Marek Dabrowski argues that the EU would be unwise to retaliate with its own anti-import policies: the border adjustment tax would be difficult to implement and damaging to the global trade order. Instead the EU should build a broad coalition of allies to defend free trade.

By: Marek Dabrowski Topic: Global Economics & Governance Date: February 9, 2017
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Blog Post

photo2016

The border adjustment tax: a dangerous proposal

Reflecting the fact that the United States imports more than it exports, border adjustment tax is considered by its proponents as an essential part of the Trump tax reform package.

By: Uri Dadush Topic: Global Economics & Governance Date: February 9, 2017
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Past Event

Past Event

Brexit and trade: what EU and WTO rules imply

Bruegel in collaboration with Leuven Centre For Global Governance Studies organizes an event at which we will discuss the options for redesigning trade relations in the post-Brexit era.

Speakers: Viktoria Dendrinou, Hosuk Lee-Makiyama, Petros C. Mavroidis, André Sapir and Prof. Jan Wouters Topic: European Macroeconomics & Governance, Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: February 6, 2017
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Blog Post

Silvia Merler

Is Germany a currency manipulator?

What’s at stake: the Financial Times reports that Peter Navarro, head of the US’s National Trade Council, has accused Germany of currency manipulation. He claims that the country uses a 'grossly undervalued' Euro to 'exploit' its trading partners. Angela Merkel replied that the Euro is managed by the European Central Bank, on which Germany does not exert influence. We review what the economic blogosphere thinks of this.

By: Silvia Merler Topic: Global Economics & Governance Date: February 6, 2017
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Blog Post

Mark Hallerberg

Border adjustment tax could help Europe find common voice on Trump

The Trump administration seems more than willing to break with liberal orthodoxy on trade. Could this lead them to introduce a "destination tax", essentially penalising imports? If the USA moves ahead with this idea, Mark Hallerberg argues that the EU should seriously consider doing the same. Not only would it balance out some of the trade effects of the US move, it might also have positive political implications for Europe.

By: Mark Hallerberg Topic: Global Economics & Governance Date: February 1, 2017
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Trade flows between the US, UK and EU27: what goes where?

As US President Trump and UK Prime Minister Theresa May meet in Washington, Bruegel researchers look at bilateral trade flows between the US, UK and EU27.

By: Filippo Biondi and Robert Kalcik Topic: Global Economics & Governance Date: January 27, 2017
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Opinion

Guntram B. Wolff

Europe needs to react to Trump’s trade agenda – four urgent questions

It seems increasingly likely that President Trump will govern according to the values of his campaign. On trade, this might lead to major disturbances in the global rules-based order. The EU needs to decide how it will react, and it needs to decide fast.

By: Guntram B. Wolff Topic: Global Economics & Governance Date: January 26, 2017
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Malmstrom

The future of EU trade policy

Speech by EU Trade Commissioner Cecilia Malmström at Bruegel on 24 January 2017.

By: Cecilia Malmström Topic: Global Economics & Governance Date: January 24, 2017
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Past Event

Past Event

The future of EU trade policy

We are happy to welcome the European Commissioner for Trade Cecilia Malmström to Bruegel on 24 January to talk about the future of the EU's trade policy.

Speakers: David Bremmer, Cecilia Malmström and André Sapir Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: January 24, 2017
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Silvia Merler

Tariffs and the American poor

What’s at stake: much has been said and debated — during the US election and beyond — about the distributional impact of free trade on the disadvantaged. But what would be the distributional impact of a new protectionism instead?

By: Silvia Merler Topic: Global Economics & Governance Date: January 23, 2017
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Past Event

Past Event

Implications of the new US trade policy by the incoming president Trump

An event about the implications of Donald Trump's emerging trade agenda on global trade.

Speakers: Adam Posen, André Sapir, Guntram B. Wolff and Xiang Yu Topic: Global Economics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: January 19, 2017