If ever there was a 'wrong war at the wrong time,' the transatlantic trade conflict that's boiling this summer defines it, writes Atlantic Council CEO Frederick Kempe.
for 64% of global outbound foreign direct investment and 51% of global personal consumption.
The leading Democratic presidential candidate, former Vice President Joe Biden, made clear this week that he would confront Trump as someone who has embraced autocrats and neglected allies and the defense of democracy globally.in his first major foreign policy speech of the campaign at the City University of New York. "It jumps borders and transcends languages. And can supercharge communities, ordinary citizens and activists. We must once again harness that power and rally the free world.
As early as next week, the WTO arbitrator is expected to decide how much of the $11.2 billion of tariffs threatened by the Trump administration on the EU can be applied. The EU has published its own preliminary list of U.S. goods in a $20 billion tit-for-tat plan for retaliatory levies over subsidies to Boeing, though the WTO arbitrator would rule on these several months later.
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