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The Business Times

Daniel Gros

According to one US survey, community opposition causes 14-month delays, on average, for wind projects.
THE BROAD VIEW

Windmill wars

Since May, the US has collected tariffs of just 9 to 10%, on average, from its trading partners, owing partly to the fact that about half of all US imports still enter duty-free.

Global trade is winning Trump’s war on it

Former Italian prime minister and economist Mario Draghi recommended last year that the EU increase annual investment by more than 800 billion euros. His report has now become the intellectual foundation for an ambitious strategy to revitalise growth in Europe.

Europe’s flawed investment strategy

Workers in Austria. While manufacturing declined in both the EU and US, Europe's exports had increased to give new employment opportunities to workers.
THE BOTTOM LINE

Why Americans and Europeans disagree about globalisation

If China limits exports of low-value rare-earth metals, it risks the supply of the rare-earth compounds that its manufacturing sector needs.
THE BROAD VIEW

The mirage of geoeconomics

Even if America’s current-account balance improves temporarily, the overall current-account deficit is likely to persist, as will the surpluses of other major economies, such as China, the EU and Japan.
THE BROAD VIEW

The indirect impact of Trump’s tariff war

European policymakers must also resist the temptation to react to the “flood” of cheap Chinese goods that are diverted from the US market to Europe.

Can a global trade war be avoided?

Beyond financing, Europe is equipped to provide most of the military supplies Ukraine needs, like tanks, guns, and ammunition.

Europe can easily safeguard Ukraine

 While one can always find examples of burdensome regulations in a large, advanced economy, there is no evidence that regulation has become systematically heavier over the last decade.

The revolt against regulation

An open-air exhibition of destroyed Russian military vehicles in Kyiv. While enthusiasm for sending Ukraine aid has waned, popular majorities in almost every European country still favour continuing support for Ukraine.
THE BROAD VIEW

Is it the hour of Europe again?

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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