Thursday - March 19, 2026
Peterson Institute for International Economics Issues Commentary: Can the EU Lead a New World Order in Trade?
March 18, 2026
WASHINGTON, March 18 -- The Peterson Institute for International Economics issued the following commentary on March 17, 2026, by senior fellow Cecilia Malmstrom:

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Can the EU lead a new world order in trade?

The Trump administration's trade wars, unrelenting despite the Supreme Court's rebuff, continue to sow distrust in Europe. New tariff threats against many European countries (over Greenland and more recently against Spain over the Iran war . . .

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