Relations between the US and many of its trade partners were bad enough that there was really no need to add fuel on the fire by tossing out fresh incendiary comments. But that’s just what US Commerce Secretary Wilbur Ross did yesterday by calling for an even “more painful” environment …
Author: Jennifer Freedman
Commission paints bleak picture of EU-US trade relations
A top European Commission trade official painted a bleak picture of transatlantic relations to a European Parliament committee today, saying US import duties on steel and aluminium as well as possible tariffs on foreign cars and car parts are “clearly detrimental” and potentially catastrophic for world trade. The outlook …
Week ahead in EU trade: Australia and New Zealand, duties on US goods, INTA
This week promises to be busy, with the European Parliament’s trade committee debating a range of issues including EU ties with the US and Latin America, the launch of trade negotiations with Australia and New Zealand, and the start of the bloc’s tariffs against US goods to strike back at …
Beyond Brussels: WTO complaints against US duties are similar, but not the same
So far, six World Trade Organization members have lodged complaints challenging President Donald Trump’s assertion that tariffs on steel and aluminium are needed to protect US national security. They are broadly similar, but hardly identical, and some of the differences are quite noteworthy. More members have ganged together in …
Week ahead in EU trade: Council, TPC, Brexit, EU Parliament, Hong Kong
Expect plenty of post-Group of Seven summit articles in the aftermath of the two-day meeting that ended in the escalation of a clash over trade and US President Donald Trump’s refusal to endorse a communique. Closer to home, the focus will be on meetings of the Council, the Trade Policy …
Beyond Brussels: Tweetfest darkens prospects of meaningful G7 summit
The first day of this weekend’s Group of Seven summit is set to turn into the Group of Six vs One, if recent Twitter exchanges are anything to go by. The one, in this case, as US President Donald Trump, who has already announced that he’ll skip tomorrow’s sessions on …
WTO to take fresh look at EU compliance with Airbus ruling
The EU says it’s complied with the latest World Trade Organization ruling that found illegal European aid for Airbus remains in place. The US disagrees. It will now be up to the WTO – yet again – to decide. The EU requested consultations with the US today to discuss …
Week ahead in EU trade: Mercosur, US duties, aluminium, G-7, Brexit, UNCTAD
There’s only one big event on the Brussels trade agenda this week – another negotiating round with Mercosur – but that doesn’t mean the coming days will be quiet. Between the start of US tariffs on European steel and aluminium, the EU’s decision to respond with a World Trade Organization …
Beyond Brussels: US says EU snub in Airbus case shows ‘lack of seriousness’ to settle dispute
The US has upped the ante in its war of words with the EU over illegal aid for domestic airplane manufacturers, accusing the bloc of not being serious about complying with a World Trade Organization ruling that faulted European subsidies to Airbus. Specifically, Washington was offended that the EU …
Azevêdo backs Macron’s call for ‘complete update’ of WTO rules
It’s time for the World Trade Organization to be modernised and strengthened, says WTO chief Roberto Azevêdo, backing calls by French President Emmanuel Macron for an overhaul of global trade rules. Macron told leaders at the annual Organisation for Economic Co-operation and Development forum yesterday that the world’s biggest …