Daniel Gros
Europe’s best tools for countering Trump
The bloc is poorly positioned for a tit-for-tat tariff war with the US, but a more targeted strategy could work
The major economies’ prospects in 2026
The forces shaping the performance of China, Europe and the US are largely immune to policy
Who’s afraid of stablecoins?
Ignore the hype – retailers and wholesalers cannot rely on this digital currency
China’s rare-earth own goal
It is actually China that depends on the US (and others) for higher value-added rare-earth compounds
Windmill wars
The best way to overcome opposition from local communities is to offer them financial compensation
Global trade is winning Trump’s war on it
The average effective tariff rate that the US has applied remains much lower than what the American president’s pronouncements would suggest
Europe’s flawed investment strategy
The focus should be on strengthening its innovation ecosystem, rather than simply investing more
Why Americans and Europeans disagree about globalisation
Diverging views on trade are due to differences in institutions, social resilience and political narratives
The mirage of geoeconomics
The use of economic tools, from tariffs to export licensing, to advance geopolitical goals is likely to prove ineffective – or even...
The indirect impact of Trump’s tariff war
A major reshuffling of bilateral trade balances is in the offing