Does the pandemic make an EU-US trade collision less or more likely?

Where next for transatlantic trade?

Moderator:
Rem Korteweg, Senior Research Fellow, Clingendael Institute

Panellists:
Marie Kasperek, Director, Institute of International Economic Law, Georgetown Law; Non Resident Senior Fellow, Atlantic Council
Marianne Schneider-Petsinger, Senior Research Fellow, US and the Americas Programme, Chatham House
Andreas Esche, Director, Bertelsmann Stiftung

This podcast episode was recorded on Aug 17 2020

The AIG Global Trade Series 2020 analyses the ongoing transformation of the world’s multilateral trading system.

The European Union and the United States are each other’s most important trading partner, with overall trade in goods and services between the two worth over $1.3trillion annually. However, the transatlantic trade relationship is currently strained; with tit for tat punitive tariffs overshadowing the possibility of an EU-US free trade agreement.

In this podcast, moderator Rem Korteweg of the Clingendael Institute is joined by Marie Kasperek, Director, Institute of International Economic Law, Georgetown Law; Non Resident Senior Fellow, Atlantic Council; Marianne Schneider-Petsinger, Senior Research Fellow, US and the Americas Programme, Chatham House; and Andreas Esche, Director, Bertelsmann Stiftung. Listen as they discuss the transatlantic trade relationship and whether the pandemic has made a trade collision between the EU and US more or less likely.

How might the US Election in November shape trade relations between the world’s largest trading partners, and multilateralism more broadly? Is there a possibility of reaching a trade détente and even revisiting TTIP? Or will the threat of escalating tariffs continue down a path to further confrontation?

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