// ECONOMIC SECURITY: TRADE AND INVESTMENT
Trade under pressure: what to expect from Évian
T he current US administration has never hidden its dislike of rules and interna- tional forums, including the G7. One might even say that President Donald Trump treats US allies harsher than more distant or even hostile countries. One case is trade policy: the trade bar- riers inflicted upon the other G7 members have been much more distortive and aggressive than those that, for example, Russia or even China faces. These trade barriers were meant not only to protect domestic industries or to raise public rev- enues (which they both constantly fail to achieve), but also to force foreign governments to pursue or
Escalating US–China trade tensions and the erosion of rules-based norms are reshaping the global trading system. Middle power coordination has the potential to stabilise trade and preserve an open, rules-based order Peter Draper, executive director, Institute for International Trade, The University of Adelaide, and Andreas Freytag, professor of economics, Friedrich Schiller University Jena
52 // G7 FRANCE: THE ÉVIAN SUMMIT 2026
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