What are the geopolitics of the EU's trade?

Following Sweden's assumption of the EU Council Presidency, I spoke with Dr. Cecilia Malmström, who served as the European Commissioner for Trade and Home Affairs and Sweden's Minister for EU affairs, on the EU's geopolitics of European trade. Dr. Malmström is currently a nonresident senior fellow at the Peterson Institute.

How has the EU Commission grown stronger during and since Malmström's tenure as commissioner? How will Biden's Inflation Reduction Act impact the EU? What is the future of EU-China trade relations? What are the risks for global trade if the WTO order breaks down?

Thumbnail modified from photo: Hans-Olof Utsi/imagebank.sweden.se