WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE?
Following the escalation of trade confrontations that marked the US-EU relationship over the recent months, President Donald Trump and the President of the European Commission, Jean-Claude Juncker, managed to conclude a trade truce at their White House meeting on July 25. Starting from the analysis...
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| Format: | Article |
| Language: | ron |
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Institute for World Economy
2018-10-01
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| Series: | Revista de Economie Mondială |
| Subjects: | |
| Online Access: | http://iem.ro/rem/index.php/REM/article/view/676/757 |
| _version_ | 1819091352428740608 |
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| author | Agnes Ghibuţiu |
| author_facet | Agnes Ghibuţiu |
| author_sort | Agnes Ghibuţiu |
| collection | DOAJ |
| description | Following the escalation of trade confrontations that marked the US-EU relationship over the recent months, President Donald Trump and the President of the European Commission, Jean-Claude Juncker, managed to conclude a trade truce at their White House meeting on July 25. Starting from the analysis of the reasons behind the US-EU trade dispute on the potential tariffs to be imposed by the Trump administration on car imports from the EU, the present article aims to: (1) highlight the circumstances of the recent armistice, along with its content and significance; and (2) reveal the reactions triggered by the new trade deal both in the EU and the US, alongside the related expectations. Even though the compromise removes the threat of an imminent trade war, the question arises whether the US and the EU will meet their commitments. According to the author, there is little hope for the two sides to strike a rapid agreement on the controversial trade issues. |
| first_indexed | 2024-12-21T22:38:21Z |
| format | Article |
| id | doaj.art-bcd73ad2b70044e99eba62228cad938b |
| institution | Directory Open Access Journal |
| issn | 2343-9521 2343-9521 |
| language | ron |
| last_indexed | 2024-12-21T22:38:21Z |
| publishDate | 2018-10-01 |
| publisher | Institute for World Economy |
| record_format | Article |
| series | Revista de Economie Mondială |
| spelling | doaj.art-bcd73ad2b70044e99eba62228cad938b2022-12-21T18:47:54ZronInstitute for World EconomyRevista de Economie Mondială2343-95212343-95212018-10-011031126WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE?Agnes Ghibuţiu0Institutul de Economie Mondială – Academia Română, Bucureşti, RomâniaFollowing the escalation of trade confrontations that marked the US-EU relationship over the recent months, President Donald Trump and the President of the European Commission, Jean-Claude Juncker, managed to conclude a trade truce at their White House meeting on July 25. Starting from the analysis of the reasons behind the US-EU trade dispute on the potential tariffs to be imposed by the Trump administration on car imports from the EU, the present article aims to: (1) highlight the circumstances of the recent armistice, along with its content and significance; and (2) reveal the reactions triggered by the new trade deal both in the EU and the US, alongside the related expectations. Even though the compromise removes the threat of an imminent trade war, the question arises whether the US and the EU will meet their commitments. According to the author, there is little hope for the two sides to strike a rapid agreement on the controversial trade issues.http://iem.ro/rem/index.php/REM/article/view/676/757USEuropean Union (EU)trade policytariffstrade war |
| spellingShingle | Agnes Ghibuţiu WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE? Revista de Economie Mondială US European Union (EU) trade policy tariffs trade war |
| title | WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE? |
| title_full | WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE? |
| title_fullStr | WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE? |
| title_full_unstemmed | WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE? |
| title_short | WHAT TO EXPECT FROM THE RECENT US-EU TRADE TRUCE? |
| title_sort | what to expect from the recent us eu trade truce |
| topic | US European Union (EU) trade policy tariffs trade war |
| url | http://iem.ro/rem/index.php/REM/article/view/676/757 |
| work_keys_str_mv | AT agnesghibutiu whattoexpectfromtherecentuseutradetruce |