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http://hdl.handle.net/2445/212760
Title: | Is the EU’s Trade Policy Aligning with America’s Trade Policy? |
Author: | Eliasson, Leif Johan Costa, Oriol Garcia-Duran Huet, Patricia |
Keywords: | Nou ordre econòmic internacional Comercialització Relacions internacionals New international economic order Commercialization International relations |
Issue Date: | 1-Apr-2023 |
Publisher: | Kluwer Law International |
Abstract: | A core principle of the liberal international order established by Europe and the US after World War II was separating security from economic issues as much as possible. However, since 2016 this has become increasingly untenable. A more protectionist, hawkish, and less multilateral US has questioned aspects of the liberal international order and America’s natural alignment with the EU and others under the World Trade Organization’s rules of trade. The EU has simultaneously recognized the need to better protect its market and interests with new, assertive trade instruments. Placed in the context of a fragmenting international order and intense domestic debates on trade and globalization, this article assesses the extent to which the EU is aligning its trade policy with that of the US. It argues that the EU has adopted a more geostrategic and realist-based trade policy, while retaining its normative preference for multilateralism, thus leaving in place several differences vis-à-vis the US, while also raising new points of disagreement. Although China is a common challenge for both allies, the US may also find itself on the receiving end of a more assertive EU. The article discusses the implications for transatlantic relations, the liberal international order and rules-based trade |
Note: | Reproducció del document publicat a: https://kluwerlawonline.com/journalarticle/Journal+of+World+Trade/57.2/TRAD2023009 |
It is part of: | Journal of World Trade, 2023, vol. 57, num.2, p. 231-252 |
URI: | http://hdl.handle.net/2445/212760 |
Related resource: | https://kluwerlawonline.com/journalarticle/Journal+of+World+Trade/57.2/TRAD2023009 |
ISSN: | 1011-6702 |
Appears in Collections: | Articles publicats en revistes (Història Econòmica, Institucions, Política i Economia Mundial) |
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