The US administration's latest threat to impose sweeping new tariffs on many of its closest allies signals a renewed embrace of aggressive unilateralism and misunderstood economics. This column argues that the only effective response is a coordinated one. Unified retaliation by a coalition of like-minded countries made up of the EU, Canada, Mexico, Brazil, and South Korea - which together account for more than 50% of all US goods exports - would be impossible for Washington to ignore and would send a powerful message that the rules-based global trading system is worth defending.

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27 July 2025

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Vox EU

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https://cepr.org/voxeu/columns/alliance-open-trade-how-counter-trumps-tariffs

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This publication comes under the following theme: Trade Policy and barriers to international economic integration