«Trump effect» and the zigzags of the Trans-Atlantic partnership

P. P. Yakovlev ()

International Trade and Trade Policy, issue 2

Abstract: In the field of trade and economic relationships between the United States and the EU countries, along with mutual interest in expanding and deepening of the cooperation, is formed an extensive area of disagreement. The growing discontent in political and business circles in the United States of the results of the European-American interaction was personified by the President D. Trump, who hit plans to create a Trans-Atlantic Trade and Investment Partnership. The claimed parameters of geo-economic course of the White House - «tramponomics» - are associated with phenomena developing in the bowels of the world economy and trade, and reflect the started reforming of the globalization process. Globalization is reshaping its original appearance, to some extent, loses the former quasi universal nature, and becomes more fragmented. Appeal of D. Trump to protectionism, its negative attitude towards integration projects of mega blocks, including in the Atlantic, form a trend, which complicates the United States relationship with their counterparts in Europe and other parts of the world, increases global instability and uncertainty.

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