The European Commission is not letting off in its trade defence activity targeting China. After having announced provisional duties on electric vehicles, the EU executive announced a slew of new provisional duties on products for which it launched new anti-dumping investigations in November 2023.
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China electric vehicle duties: Commission signals readiness to negotiate
The European Commission has announced the provisional levels of countervailing duties it will be levying on electric vehicles produced in China and signalled that it is ready to negotiate a “mutually agreed solution” with Beijing. The case is a snapshot in the subsidy and industrial battle the EU is waging …
THINK TANK: Chips subsidy wars continued
It’s a quiet week in the international trade policy think tank world. There is one standout piece from the Peterson Institute for International Economics in Washington that focuses on United States and South Korean industrial policy and semiconductors.
ASIA TRADE: IPEF final contours appear
The US-led Indo-Pacific Economic Framework for Prosperity is gradually taking shape as its fourteen participants signed a ‘clean economy agreement’, a ‘fair economy agreement’ and an ‘overarching agreement on IPEF’ during a ministerial meeting in Singapore on 6 June. The signatories are Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of …
EU foreign subsidies regulation: first merger case targets Emirati telco group
The European Commission’s first merger-related foreign subsidies investigation targets a Middle Eastern operator buying shares into a Czech-owned investment firm specialised in funding European telecommunication companies.
ASIA TRADE: Korea and UAE make moves
The United Arab Emirates are busy signing framework trade agreements and memoranda of understandings with Asia-Pacific countries. And Korea is doing deals with African countries. Here is our latest weekly update on all things trade policy in the Asia-Pacific.
Swiss press EU to uphold steel trade ahead of safeguard extension
Bern is bent on avoiding that Switzerland’s steel exporters continue to be negatively affected by the European Union’s steel safeguard introduced in 2018 ahead of the measure’s expected extension.
Comment: EU 2024 elections could herald a trade policy of the ‘returns coordinator’
The far-right shift in European Union mainstream politics is set to reach a new stage in the coming parliament elections. It has already infected the EU’s trade policy as witnessed by interinstitutional negotiations over trade preferences for developing countries. Will the infection spread to other trade policy areas in the …
ASIA TRADE: China-Korea-Japan revive FTA plans, Indonesia CPTPP
This week in Asian trade policy news: South Korea, Japan and China agreed to speed up discussions for a potential trilateral free trade agreement and Indonesia announced its plan to apply for membership to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
THINK TANK: Economic security, critical minerals, USTR
Policies to improve the European Union’s economic security, avoiding critical mineral dependencies and reforming the United States Trade Representative all feature in the think tank universe this week.