Protectionism

"Not the way you treat your friends."  Biden's climate plan strains trade ties with Europe |  CNN Business

“Not the way you treat your friends.” Biden’s climate plan strains trade ties with Europe | CNN Business

London CNN Business — The world’s largest economic relationship has fallen on hard times. The European Union and the United States – together responsible for a third of global trade – have clashed in recent weeks over US President Joe Biden’s landmark $370 billion climate plan. The Inflation Reduction Act (IRA), which was passed by …

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Europe First: Brussels is preparing to give up its ideals of free trade

Europe First: Brussels is preparing to give up its ideals of free trade

The last great defender of rules-based open commerce — the European Union — is about to fall. It happens in slow motion and the impact will be painful. If the world’s largest trading bloc abandons the concept of free trade, the entire global economy will suffer. But such an outcome looks increasingly likely, as the …

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Brexit Britain stuck in the middle as US and EU go to war over trade

Brexit Britain stuck in the middle as US and EU go to war over trade

Press play to listen to this article Expressed by artificial intelligence. LONDON — Three years after leaving the EU to chart its own course, Britain finds itself caught between two economic behemoths in a brewing transatlantic trade war. In one corner is the United States, whose Congress passed the Biden administration’s vaunted $369 billion green …

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