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Trade in a New Geoeconomic Era

KAS USA / AICGS Transatlantic Trade Week

Over the past year, the United States and the European Union have made progress in resolving several bilateral trade disputes surrounding tariffs, subsidies, and taxes that had plagued their relationship for many years. More recently, they have demonstrated impressive resolve in facing up to Russia’s unprovoked invasion of Ukraine. At the same time, China continues to present a challenge to the global trading system.

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To explore the future of trade policy in this new geoeconomic context, the Konrad-Adenauer-Stiftung and the American Institute for Contemporary German Studies at Johns Hopkins University are once again inviting to the “Transatlantic Trade Week.” The focus this year will be on the role that pro-growth trade policies can and should play to promote transatlantic values and security. The new U.S.-EU Trade and Technology Council, the U.S.-EU steel agreement, U.S.-EU-Japan trilateral cooperation on trade reform, and the future of the WTO will be at center stage.

 

Program

Session One: Trade and Values

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This session takes as a starting point bilateral German-American and broader transatlantic cooperation to promote equitable economic growth through trade by advancing Western values, norms, and principles. These include openness, the rule of law, individual rights (e.g., in the digital realm), and high standards for workers, consumers, and the environment. Among the issues that will be addressed are the U.S.-EU Trade and Technology Council agenda, the U.S.-EU steel agreement, options for a climate club, how to square U.S.-EU efforts for values-driven trade with WTO rules, and supply chain standards including the new German and EU laws.

Welcoming Remarks:
Paul Linnarz, Director KAS Office USA
Jeff Rathke, President AICGS

Opening Statements:
Daniel Caspary MEP, Chairman of Delegation for Relations with the Countries of Southeast Asia and ASEAN; Member of Committee on International Trade
Prof. Jennifer Hillman, Co-Director of Center on Inclusive Trade and Development (CITD); Professor from Practice at Georgetown University Law Center; and Senior Fellow at the Council on Foreign Relations
Daniel Price, Managing Director at Rock Creek Global Advisors
William Reinsch, Senior Adviser and Scholl Chair in International Business at CSIS

Moderator:
Peter Rashish, Director of Geoeconomics Program, AICGS

Session Two: Trade and Security

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This online event explores plurilateral and multilateral avenues for advancing U.S. and European global interests through trade policy. The principal focus will be on how the U.S., Germany, and the EU can shape the international economic system so that it more effectively responds to the disruptive effects of China’s non-market economic behavior. It will also address the implications of Russia’s invasion of Ukraine for the future relationship between trade and national security (including the role of the WTO). Specific issues that will be examined include the role and objectives of the U.S.-EU Trade and Technology Council and the U.S-EU-Japan Trilateral initiative on WTO reform, possible U.S.-EU and G7 cooperation on “anti-coercion,” and the risks and opportunities of a two-speed global trading system.

Welcome Remarks:
Paul Linnarz, Director KAS Office USA
Jeffrey Rathke, President AICGS

Panelists:
Erik Brattberg, Senior Vice President, Europe Practice, Albright Stonebridge Group
Laura von Daniels, Head of the Americas Research Division, German Institute for International and Security Affairs (SWP)
Julia Friedlander, Director of the Economic Statecraft Initiative, GeoEconomics Center, Atlantic Council
Peter Rashish, Director, Geoeconomics Program, AICGS

Moderator:
Marianne Schneider-Petsinger, Senior Research Fellow, U.S. and the Americas Program, and Project Lead, Global Trade Policy Forum, Chatham House

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Dr. Hardy Ostry

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Head of the Washington, D.C. office

hardy.ostry@kas.de