Anti-Coercion Instrument – it’s not a trade bazooka, it’s a trade trebuchet

Anti-Coercion Instrument is in the news again, this time as a potential tool to counter the new tariffs threat from the US. It was not used the last time, but all bets are off this time around. This is all, at least from a policy and normative perspective, very unexpected, as the ACI was envisaged…

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