Turbulent Trade: Europe and the Biden Challenge

Delivering sustainable economic growth
Jan 22, 2021 | CSS Policy Perspective, Michiel Foulon

Under President Biden, US trade policy will continue to be influenced by domestic opposition to free trade from workers who have been losing from it. It is the interest of European leaders to propose a new transatlantic trade compromise that alleviates such opposition, argues Michiel Foulon in this CSS Policy Perspective. Such a compromise must not only revive the WTO’s dispute settlement mechanism but also restore value to the industries that have suffered from free trade. Unlike Trump, Biden will be open to a new, shared position with Europeans that aims to revive the rules-based trade system underpinning transatlantic relations.
https://css.ethz.ch/content/dam/ethz/special-interest/gess/cis/center-for-securities-studies/pdfs/PP9-1_2021-EN.pdf

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