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Contemporary Foreign Policy: EU-US Relations and US-India Relations

   

Added on  2023-01-05

7 Pages1935 Words80 Views
Contemporary foreign
policy

TABLE OF CONTENTS
1..................................................................................................................................................3
2..................................................................................................................................................4
REFERENCES...........................................................................................................................7

1.
The relations among the EU and US is always been complicated along with various
disagreement. This pairing was instituted to do their best in terms of representing the
disparate views of the twenty-eight member states which is in relation to trade, terrorism etc.
and fostering the EU-US cooperation is considered as a never ending practice. For the very
first time, the president of US, Mr. Donald Trump has expressed openly about the
disagreement for the European projects (Jungmittag and Welfens, 2020). As per the views of
the Trump there is no benefit or value America is having in relation to the EU and along with
that, he does not appreciate the historical circumstances as well. It stated that EU has been
formed for taking advantage of US and no body ahs treated US such worse than the what EU
has done.
In a recent meeting with the European Commission President at the WEF and both
the parties had a great talk. The President Trump stated that EU is having no other option but
to negotiate the new trade deal. Among with that, he further threatened EU to impose tariffs
on the European cars and other things as well. Trump government was already exacerbating
this relationship with EU and surprisingly the administration announced for the ban on the
travellers coming from the EU but not Britain which resulted into speculating the political
motivation behind this move (Smith and Youngs, 2018). Along with that, Ushas further
imposed tariffs on the plane maker Airbus which has resulted into increasing the cost for the
airlines which are now struggling with the huge amount of losses. The travel bans which was
imposed by US was for helping to stop the spread of the virus across various parts of Europe
which involves Italy, Germany and France. The trade war between US and EU is very
crucial. The president has also turned his rough gesture against the EU despite concentrating
on the Chinese tariff. But the trump administration is due to decide whether it is imposing
duties on one of the most important industry of Europe or not which is automobile industry.
Currently, the tariffs on the European steel and aluminium is already been imposed
which can cause a bloc of duties of nearly twenty five percent on the 2.8 bn US products in
2018. The import and export of the goods and services between EU and Us bilateral trade has
exceeded the trade between the US and China by approximately 70% (Barbé and Morillas,
2019). As of now, both the economies are not in the state to impose trade war at this stage
while there is already a war between US and China which will affect the economic health of
both the countries and if there is implication of increase in tariffs among US and EU then this
result into further slowing down of the economy. This will cause increase in the price of the

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