A Brave New World of Tariffs: Trade Policies in a New Era

We have seen the turmoil and chaos that the Trump Administration’s tariffs have caused over recent weeks and months. Since President Trump’s trade announcements, countries have been rushing to make new trade agreements, find new markets for their exports, as well as prepare for possible trade wars. In her address to the IIEA, Cecilia Malmström discusses the effect that US trade policy has had on Europe and the wider world. She also explores the impact US tariffs will have on how other countries will conduct trade in the future. About the Speaker: Cecilia Malmström served as European Commissioner for Trade from 2014 to 2019, and as European Commissioner for Home Affairs from 2010 to 2014. She was a member of the European Parliament from 1999 until 2006. She was also Minister for EU Affairs in the Swedish Government from 2006 to 2010. As European commissioner for Trade, Ms Malmström represented the European Union in the World Trade Organisation (WTO) and other international trade bodies. In this role, she was responsible for negotiating bilateral trade agreements with key countries, including agreements with Canada, Japan, Mexico, Singapore, Vietnam, and the four founding Mercosur countries. Ms Malmström joined the Peterson Institute for International Economics (PIIE) as non-resident Senior Fellow in June 2021 and hosts the PIIE’s Trade Winds, a biweekly virtual event series. She is also a visiting Professor at the School of Business, Economics and Law at the University of Gothenburg. She holds a PhD in Political Science from the University of Gothenburg.