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Europe Is Still a Superpower

Europe Is Not Only Still a Superpower: it's going to remain one for decades to come. By Andrew Moravcsik | Foreign Policy Magazine | April 13, 2017 Sixty years after the Treaty of Rome, many view Europe as a spent force in global politics. Conventional wisdom states that world politics today is unipolar, with the United States as the sole superpower. Or perhaps it is multipolar, with China, India, and the rest rising to challenge Western powers. Either way, Europe’s role...
Chapter News, Trade & TTIP Related

High Fences Do Not Make Good Neighbors: It is the Economy, My Friends

When Christopher Columbus sailed the ocean blue in 1492, Western Europe accounted for about 20% of gross world product. Five centuries later, it is still around 20-25% of world GDP, but its North American daughter has surged to another 25%. The “West”, as we loosely call it, has thus 10% of the world’s population and almost 50% of its economic wealth, quite an achievement from the abject poverty of serfdom Europe and tribal North America. The common ties between...
Chapter News, Trade & TTIP Related

EU Economic Outlook 2017

The European Commission today publishes its annual analysis of the economic and social situation in the Member States, including an assessment of remaining imbalances. It also publishes a report on the implementation of the Fiscal Compact, a report analysing the debt situation in Italy and a report, together with a proposal to the Council for a fine, on a case of misrepresentation of statistics in Austria. Member States are making headway in implementing the individual policy guidance they received last year...
Member News, Trade & TTIP Related

Canceling or Renegotiating Trade Agreements: How does that work

By Jeremiah Baronberg Previously published on bluestarstrategies.com see here During the recent U.S. presidential campaign, Donald Trump made reshaping America’s involvement in international economic affairs a centerpiece of his platform. As a candidate, he specifically called out international trade—from abandoned factories to lost jobs and competitive wages—as a locus for many of the economic and societal challenges facing the country. Since being elected president, Mr. Trump has gone so far as to threaten to "tear up" or renegotiate existing U.S. free...
Member News, Trade & TTIP Related

A trade plan that keeps the US open and workers safe? It’s possible.

By Karen Tramontano,  opinion contributor, previously published at thehill.com see here During the presidential campaign and in the months after the election, Donald Trump Team Trump should get in the union-busting business Green Party blasts Dems on DeVos confirmation Why the Iranian people support a tougher policy toward Tehran MORE made clear his intention to reshape America’s approach to international economic affairs. This included renegotiating or withdrawing the United States from the North American Free Trade Agreement (NAFTA), the 1994 pact signed...
Chapter News, Trade & TTIP Related

EU must seek new trade deals if U.S. looks inward: Eurogroup president

The European Union will have to establish new trading partnerships if its traditional economic and political ally the United States heads down a path of protectionism, Eurogroup President Jeroen Dijsselbloem said on Tuesday. "We don't yet know if that is going to happen," Dijsselbloem told the RTL broadcaster. "Europe must not sit back and blindly wait for what happens in the United States, but move ahead itself, also in the area of trade." Dijsselbloem's comments came amid a backlash in the...
Chapter News, Trade & TTIP Related

U.S.-EU Joint Report on T-TIP Progress to Date

The EU and the United States have made considerable progress in negotiating a Transatlantic Trade and Investment Partnership (T-TIP) agreement since the negotiations were launched in July 2013.   During that period, the economic and strategic rationale for an agreement between the world’s two largest advanced industrial economies has only grown stronger.  T-TIP would increase the exports and investment flows that fuel our economies and support high-quality jobs on both sides of the Atlantic.  It would also enable the EU and...

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