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EU Trade Policy Amid the China–US Clash
Report

EU Trade Policy Amid the China–US Clash

Caught in the Cross-Fire?

Anabel González and Nicolas Véron
Bruegel, 2019
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Editorial Rating

7

Qualities

  • Analytical
  • Overview
  • For Experts

Recommendation

The World Trade Organization has established a global framework that seeks fair competition, greater prosperity and economic stability. But upheavals in US–China trade relations are overturning that order. According to economists Anabel González and Nicolas Véron in this incisive report for policy analysts, the European Union, with one-third of its trade split between the two countries, needs to chart its own course in the maelstrom or risk losing its leadership and damaging its commercial interests.

Take-Aways

  • The confluence of China’s rapid economic ascent and the United States’ sudden turn to protectionism poses significant challenges to European Union trade policies.
  • The EU has its own strategic interests to manage in global trade.

About the Authors

Anabel González and Nicolas Véron are senior fellows at the Peterson Institute for International Economics; Nicolas Véron also is a senior fellow at Bruegel.

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