With Donald Trump rewriting the rules of international trade, the European economy is doomed to be nothing more than a playground for its competitors, unless, of course, Europe supports a truly ambitious industrial policy.
“Why Liberalism Failed” is the title of a bestseller published in 2018 by Patrick J. Deneen, an American political scientist. It is a book that would have been unthinkable 30 years ago. Back then, liberalism seemed to be the only possible future: the Iron Curtain had fallen and free democracies were on the rise.
The British Chambers of Commerce (BCC) recently published a report in which they called for the introduction of a Youth Mobility Scheme between the UK and the EU. This echoes last year’s calls by the EU Commission for a similar scheme.
The EPICENTER report, Trade in a Time of Tariffs, examines the European Union’s evolving trade landscape amid rising global protectionism and geopolitical uncertainty.