Tired of gloomy trade news? Let’s have some fun today. Here four numbers worth playing around with this week. 750 000 000 That’s the number of US $ worth of economic output Italy alone could lose should the United States close off its market to German autos and parts. The …
UK WTO & 3rd countries
Brexit Notes: Trade, customs, agriculture least prepared areas for ‘no deal’
The Institute for Government released a new edition of its Brexit ‘readiness’ reports today. The 12-pager offers a glimpse of the the thickness of the fog in key areas of policy as Britain faces the serious prospect of leaving the EU in less than two months without an agreement that …
Brexit Notes: Transatlantic trigonometry post-Brexit
Despite their prime importance for Europe, Britain and the United States, there’s been little deep thinking about the future of transatlantic relations post-Brexit, both at the geostrategic level and at the more mundane economic level. But that is bound to change. In Britain, the focus after the 2016 referendum has mainly …
Week Ahead in EU trade: Trilateral, WTO disputes, UK government procurement
The first full working week of the new year will see the EU focus on World Trade Organization issues. Trilateral US Japan EU Trade commissioner Cecilia Malmström will be in Washington tomorrow to meet her US and Japanese counterparts and discuss topics of joint interest in relation to WTO rules …
Brexit Notes – Trade policy: what is ready in case of no-deal Brexit?
Both Brussels and London have started to prepare contingency plans as the possibility that Britain ‘crashes out’ of the EU next March is becoming a genuine possibility. The aim is to avoid the most severe of disruptions. In Britain hardly anything is yet ready to salvage existing trade arrangements and …
UK and Switzerland agree to roll over three key EU agreements
A milestone was reached this week in Britain’s quest to secure trading continuity with most European Union trading partners after Brexit. Switzerland has been one of the UK’s priorities in its bid to ‘roll over’ EU FTAs with third countries. In case of a ‘no deal’ exit, only a few …
A week in Brussels: EU industry says no to steel safeguards, India data adequacy, Brexit TRQs
This week’s top stories: Britain and services in the WTO, a big bazooka in the WTO’s dispute settlement body, a Japan deal at risk of falling victim to German and other social-democratic political decline, member states wrangling over rice imports from Myanmar and Cambodia. But also these stories here: Top …
Cold wind blows on trade with Europe after Trump’s France visit
The White House is circulating a Section 232 report by the Department of Commerce on the national security implications of auto imports ordered by US President Donald Trump last summer for feedback among various US government departments. The move comes days after US midterm elections and following a trip over …
Vaughan: Future EU-UK relationship talks must proceed quickly after March
Glenn Vaughan, chief executive of British Chambers of Commerce EU & Belgium, talks about future European Union-United Kingdom trade relationships with Borderlex’s Iana Dreyer. ‘No deal’ cannot be allowed to happen, he says, and Britain will be stronger on the international stage the more it stays aligned with the EU. …
US-UK trade agreement: British tech sector prioritises EU, Privacy Shield rollover
The United Kingdom recently finalised consultations with stakeholders on a bilateral free trade agreement negotiation it intends to launch on leaving the European Union next March. Some business groups are starting to reveal what input they provided to the Department for International Trade. One such report was released by techUK, …