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Online seminar

KAS USA / AGI Transatlantic Trade Week 2023

The Future of "Friendshoring" and Reconciling Trade and Climate Policies

The global trading system is becoming increasingly contested as domestic, climate, and national security priorities play a larger role in U.S. and EU policymaking. In the United States, the Biden administration – with an approach that has been called "friendshoring" – is looking to reorient supply chains toward like-minded partners. In the European Union, several new policy tools reflect a more geoeconomic approach to policy making.

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In both economies there is an interest in using trade policy to advance climate goals, including ongoing U.S.-EU talks aimed at a fresh approach to sustainable and fairly produced steel and aluminum. The American German Institute and the Konrad-Adenauer-Stiftung aim to stimulate debate on this evolution in transatlantic trade policy during the third year of their "Transatlantic Trade Week".

Program

Session One: The U.S.-EU Trade and Technology Council and the Future of Friendshoring

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This session covers avenues for enhancing the TTC’s trade deliverables, including bilateral aspects like conformity assessment, mutual recognition agreements, climate, and supply chain security and resilience, as well as multilateral issues like global trade rules and reform of the WTO. The decision by U.S. President Biden and European Commission President von der Leyen to pursue a critical minerals agreement reflects the key role that friendshoring is likely to play in transatlantic economic policymaking.

 

Welcoming Remarks:

Paul Linnarz, Director, KAS Office USA
Jeffrey Rathke, President, AGI

Panelists:

Kai Whittaker, Member of the German Bundestag (CDU)
Frances Burwell, Distinguished Fellow, Atlantic Council & Senior Director, McLarty Associates
Peter Harrell, Former Senior Director for International Economics and Competitiveness, National Security Council
Matthias Kraemer, Head of External Economic Policy, Federation of German Industries

Moderator:

Peter Rashish, Vice President & Director, Geoeconomics Program, AGI

Session Two: Reconciling Trade and Climate Policies: The WTO and Beyond

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This session discusses the prospects for reform of WTO rules to facilitate the multilateral trading system’s response to climate change, the U.S. Inflation Reduction Act and a potential U.S.-EU critical minerals agreement, the EU Carbon Border Adjustment Mechanism, as well as negotiations toward a U.S.-EU Global Agreement on Steel and Aluminum and the German government proposal for a "Climate Club."

 

Welcoming Remarks:

Paul Linnarz, Director, KAS Office USA
Jeffrey Rathke, President, AGI

Panelists:

Chad Bown, Reginald Jones Senior Fellow, Peterson Institute for International Economics
Maria Martin-Prat, Deputy Director-General, DG Trade, European Commission
William Reinsch, Senior Adviser and Scholl Chair in International Business, Center for Strategic & International Studies
Claudia Schmucker, Head of the Center for Geopolitics, Geoeconomics, and Technology, German Council on Foreign Relations

Concluding remarks from Kai Whittaker, Member of the German Bundestag

Moderator:

Peter Rashish, Vice President & Director, Geoeconomics Program, AGI

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Contact

Alessia Sarasino

Alessia Sarasino

Program Manager

alessia.sarasino@kas.de +1 202 464 5852

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