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foreign policy and global economy

Archive for the tag “tariff”

The Global Trade System Could Break Down

Because the World Trade Organization tends to operate beneath the surface of the global rules-based trading system, it is easy for people to forget the indispensable role that it plays. But now that the Trump administration is waging a quiet war on the institution, the international community must stop taking it for granted.

Read Here – Project Syndicate

Brexit: Eighteen Of The World’s Leading Experts On What Happens Next

Where do Britain and the EU go from here on Brexit? Can and should Britain stay in the EU (from a legal, political, public opinion, or another standpoint) or is separation best? Should Britons get another vote on Brexit or on the final deal? What will Britain’s future relationship with the EU look like, and what kind of an effect will it have on Britain’s economy?

Read Here – The National Interest

How the Tariff War Could Turn Into The Next Lehman

Ten years ago this week, Lehman Brothers filed for bankruptcy, and the world suddenly changed. That date, Sept. 15, 2008, was hardly the starting point of the Depression-sized financial crisis that would soon threaten to sink the entire world economy; it had begun more than a year earlier. But most scholars agree Lehman’s failure marked the moment when everyone realized at once that the so-called experts had no idea how deep the interconnections ran.

Read Here – Foreign Policy

The Biggest Trade Deal Ever

On July 8, 29 countries—the U.S. plus 28 countries of the EU—will begin negotiating The Biggest Trade Deal Ever. The Transatlantic Trade and Investment Partnership will affect 30 percent of global commerce, eliminate $10.5 billion in tariffs, and boost trade by an estimated $280 billion a year.

Read Here – Businessweek

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