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Can Transatlantic Trade Relations Be Institutionalised After Trump? Prospects for EU-US Trade Governance in the Era of Antiglobalist Populism

  • Robert G. Finbow
Chapter
Part of the Studies in European Economic Law and Regulation book series (SEELR, volume 10)

Abstract

This chapter assesses prospects for EU–US trade governance under the Trump administration, considering the dominance of political debate by plutocratic and populist extremes. It will explore how right populist resurgence is a backlash against global governance systems that have been indifferent to the impact of transnational integration on marginalised workers in post-industrial states. Transatlantic trade institutionalisation is undermined by a global system that enhances inequality, undermines job security and causes precarious living standards for many—a constituency ripe for protectionist, nationalist policies. However, Donald Trump’s use of populist rhetoric conceals his plutocratic motivations. The US’s move towards trade bilateralism—should it survive the chaotic beginnings of the administration—may undermine institutionalised mega-deals with Europe and elsewhere. But it will be motivated by plutocratic ambitions to escape constraining multilateral deals to impose US interests via bilateral trading arrangements where the US is the stronger partner.

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Copyright information

© Springer International Publishing AG, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of Political ScienceDalhousie UniversityHalifaxCanada

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