US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy

Abstract: The article examines changing dynamics and structure of US foreign trade with the EU countries, caused by the changes in US foreign trade policy after D. Trump came to power. The United States sets the general mood in the system of international economic relations, and in particular, in in...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Yu. A. Konovalova, S. A. Ushanov, I. S. Zarubin
Formato:	article
Lenguaje:	EN RU
Publicado:	MGIMO University Press 2020
Materias:	foreign trade policy bilateral level of cooperation usa eu trade of goods and services cooperation export and import structure of foreign trade International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/f3fa853f2a944c6e9a19db5f39d2e0a6
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:f3fa853f2a944c6e9a19db5f39d2e0a6
record_format	dspace
spelling	oai:doaj.org-article:f3fa853f2a944c6e9a19db5f39d2e0a62021-11-23T14:50:42ZUS-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy2071-81602541-909910.24833/2071-8160-2020-5-74-31-54https://doaj.org/article/f3fa853f2a944c6e9a19db5f39d2e0a62020-11-01T00:00:00Zhttps://www.vestnik.mgimo.ru/jour/article/view/1850https://doaj.org/toc/2071-8160https://doaj.org/toc/2541-9099Abstract: The article examines changing dynamics and structure of US foreign trade with the EU countries, caused by the changes in US foreign trade policy after D. Trump came to power. The United States sets the general mood in the system of international economic relations, and in particular, in international trade. The strengthening of protectionism, the growth of disintegration processes (revision of the conditions of NAFTA / USMCA, US withdrawal from the TPP, stopping negotiations on the TTIP) is the response of Trump administration to the challenges faced by the United States. Globalization and liberalization have ceased to meet the interests of the American economy, which has led to a revision of the ideological foundations and practice of foreign economic activity.Statistics show that the United States' economic interest in the EU comes from the competitive advantages of individual EU countries. There is a possibility of continuing disintegration in the European Union, since after Brexit the Netherlands and other countries expressed the idea of leaving the Union. This will play into the hands of the United States, which is interested not in a strong united Europe, but in increasing the effectiveness of bilateral ties with individual countries of the European Union. The main conclusion of the study is the following: the globalization process and the interdependence of economies have weakened, and regardless of the results of the presidential elections, regardless of whether the United States will continue to pursue a policy of protectionism and conduct "trade wars", whether the crisis of 2020-2021 predicted by UNCTAD and IMF will come true, the EU and the US willbe forced to seek compromises and revise the conditions for reformatting the failed TTIP.Yu. A. KonovalovaS. A. UshanovI. S. ZarubinMGIMO University Pressarticleforeign trade policybilateral level of cooperationusaeutrade of goods and servicescooperationexport and importstructure of foreign tradeInternational relationsJZ2-6530ENRUVestnik MGIMO-Universiteta, Vol 13, Iss 5, Pp 31-54 (2020)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	foreign trade policy bilateral level of cooperation usa eu trade of goods and services cooperation export and import structure of foreign trade International relations JZ2-6530
spellingShingle	foreign trade policy bilateral level of cooperation usa eu trade of goods and services cooperation export and import structure of foreign trade International relations JZ2-6530 Yu. A. Konovalova S. A. Ushanov I. S. Zarubin US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy
description	Abstract: The article examines changing dynamics and structure of US foreign trade with the EU countries, caused by the changes in US foreign trade policy after D. Trump came to power. The United States sets the general mood in the system of international economic relations, and in particular, in international trade. The strengthening of protectionism, the growth of disintegration processes (revision of the conditions of NAFTA / USMCA, US withdrawal from the TPP, stopping negotiations on the TTIP) is the response of Trump administration to the challenges faced by the United States. Globalization and liberalization have ceased to meet the interests of the American economy, which has led to a revision of the ideological foundations and practice of foreign economic activity.Statistics show that the United States' economic interest in the EU comes from the competitive advantages of individual EU countries. There is a possibility of continuing disintegration in the European Union, since after Brexit the Netherlands and other countries expressed the idea of leaving the Union. This will play into the hands of the United States, which is interested not in a strong united Europe, but in increasing the effectiveness of bilateral ties with individual countries of the European Union. The main conclusion of the study is the following: the globalization process and the interdependence of economies have weakened, and regardless of the results of the presidential elections, regardless of whether the United States will continue to pursue a policy of protectionism and conduct "trade wars", whether the crisis of 2020-2021 predicted by UNCTAD and IMF will come true, the EU and the US willbe forced to seek compromises and revise the conditions for reformatting the failed TTIP.
format	article
author	Yu. A. Konovalova S. A. Ushanov I. S. Zarubin
author_facet	Yu. A. Konovalova S. A. Ushanov I. S. Zarubin
author_sort	Yu. A. Konovalova
title	US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy
title_short	US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy
title_full	US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy
title_fullStr	US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy
title_full_unstemmed	US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy
title_sort	us-eu trade cooperation in the context of changing american foreign economic policy
publisher	MGIMO University Press
publishDate	2020
url	https://doaj.org/article/f3fa853f2a944c6e9a19db5f39d2e0a6
work_keys_str_mv	AT yuakonovalova useutradecooperationinthecontextofchangingamericanforeigneconomicpolicy AT saushanov useutradecooperationinthecontextofchangingamericanforeigneconomicpolicy AT iszarubin useutradecooperationinthecontextofchangingamericanforeigneconomicpolicy
_version_	1718416620610650112

US-EU Trade Cooperation in the Context of Changing American Foreign Economic Policy

Ejemplares similares