Setting the Transatlantic Course

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In the memo series “Setting the Transatlantic Course,” DGAP experts analyze possible scenarios for the 2024 US presidential election and their consequences for transatlantic relations. Originally, the scenarios “Biden 2.0” vs. “Trump 2.0” were examined from various perspectives: security, trade, geopolitics, and climate foreign policy. Since Joe Biden’s withdrawal from the race on July 21, 2024, and the candidacy of Kamala Harris, the analyses now focus on “Harris 1.0” vs. “Trump 2.0.” The experts outline the expected consequences of this election on fields related to foreign policy and formulate recommendations for Germany and Europe to set the course for a sustainable partnership at an early stage.

 

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Transformation at a Crossroads – What Is at Stake in the US Election and How It Affects Europe

Kamala Harris and Donald Trump offer their voters very different visions for the future of America’s industrial development. Under the slogan “foreign policy for the middle class,” the Biden administration expanded protective tariffs against China, thereby scoring points in the industrial heart of the country. With the Inflation Reduction Act, Biden made a U-turn on climate policy in the United States while continuing the protectionist economic policy of his predecessor. A second term for Trump would, however, have even more serious consequences for Germany and Europe.

Author/s
Dr. Kira Vinke
Friedrich Opitz
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