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Hubertus Bardt IW-Policy Paper No. 2 13. February 2020 The US Democrats Before the Elections: What do the Positions of the Candidates Mean for European Economic Policy?

The USA is at the beginning of an election year. The elections on November 3, 2020 will have a formative influence on the transatlantic relationship and on global cooperation structures in a wide range of topics.

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What do the Positions of the Candidates Mean for European Economic Policy?
Hubertus Bardt IW-Policy Paper No. 2 13. February 2020

The US Democrats Before the Elections: What do the Positions of the Candidates Mean for European Economic Policy?

IW-Policy Paper

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The USA is at the beginning of an election year. The elections on November 3, 2020 will have a formative influence on the transatlantic relationship and on global cooperation structures in a wide range of topics.

It is not just a question of whether the current administration will be elected for another four years. A re-election of the current president is likely to further weaken multilateral approaches and make transatlantic cooperation more difficult. While a continuation of the previous presidency for another four years until the beginning of 2025 - despite the unpredictability of the current US administration - is likely to continue existing development trends. Changes can be expected if the government changes. However, this will not mean that the past four years can be undone, nor is a 180-degree turnaround in politics in the areas of importance for Germany and Europe realistic. How a possible administration can operate under democratic leadership essentially depends on the political positioning of a new president. Depending on which candidate the democratic party nominates after the primaries, the differences to current politics will not be that big in some areas. Particularly when it comes to free trade, there are sometimes pronounced protectionist tendencies among the democratic candidates. There will be no way back to a supposedly conflict-free cooperation - which never existed in the past. This is all the more true if a democratic president cannot rely on a majority in both houses.

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What do the Positions of the Candidates Mean for European Economic Policy?
Hubertus Bardt IW-Policy Paper No. 2 13. February 2020

Hubertus Bardt: Die US-Demokraten vor den Wahlen – Was bedeuten die Positionen der Kandidaten für die europäische Wirtschaftspolitik?

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Galina Kolev / Thomas Obst IW-Report No. 4 21. January 2022

Global value chains of the EU member states: Policy options in the current debate

In 2020, EU companies imported intermediate products worth 2.4 trillion euros, which made up more than half of total merchandise imports of the EU. Compared to the pre-crisis year 2019, imports of intermediates decreased by 13 percent, partly driven by the ...

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Hubertus Bardt Event 2. December 2021

ITIF Conference: 2021 Global Trade and Innovation Policy Alliance Annual Summit

The Global Trade and Innovation Policy Alliance (GTIPA) represents a network of more than 40 world-leading think tanks dedicated to advancing a positive view of trade, globalization, and innovation for the benefit of the global community.

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