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 …
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EU to initiate WTO dispute over US tariffs
The EU is set to act on pledges it has made over the last few weeks ahead of the imposition of US tariffs of 25% on steel and 10% on aluminium adopted on national security grounds. “Now that we have clarity, the EU’s response will be proportionate and in …
Japan, US, EU set out action plan on China trade
The EU, the US and Japan agreed a joint action plan aimed at inducing China to cut back its industrial subsidies and to relinquish its restrictive investment and intellectual property policies.
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 …
France calls for quadrilateral talks to revamp WTO – as trade war with US looms
In a speech at the Organisation for Economic Co-operation Development today, French President Emmanuel Macron denounced the United States administration’s trade policy – warning it without naming it that bilateral trade wars resolve none of the problems created by globalisation. Macron pleaded for reform of the multilateral trading system …
Investment screening regulation: EP trade committee expands sector coverage
The European Parliament wants to enact legislation on the screening of foreign takeovers swiftly, before EU institutions shut down in the early months of next year ahead of European elections. This is why the committee on international trade voted for anticipated inter-institutional – or ‘trilogue’ – negotiations with the Council …
Week ahead in EU trade: INTA, FDI, steel duties, safeguards, dumping, OECD, WTO
European lawmakers are in for a busy week, with key debates and plenary votes planned on key issues including looming US tariffs on steel and aluminium and how to protect the bloc from dumped or subsidised imports from non-EU trade partners. INTA to vote on investment screening draft …
Beyond Brussels: US trade measures, WTO member reactions – where we stand
A lot can happen in just a week – and when it comes to trade, most of what’s happening these days involves the US. This week was no exception, as India complained about American duties on steel and aluminium, and the Trump administration initiated a national security probe into automobile …
Week in Brussels: Trump, Paris agreement, China
It hasn’t been an easy week for the EU. Just as member state leaders felt they might be nearing a deal with US commerce secretary Wilbur Ross that could spare the EU tariffs on steel and aluminium before a temporary exemption expires next week, the Trump administration initiated an …
Insight: Will US ‘light another fire’ over Servansing’s bid for second Appellate Body term?
Shree Baboo Chekitan Servansing will tell the World Trade Organization’s Dispute Settlement Body on Monday that he wants a second term on the Appellate Body, Borderlex has learned. Now the big question: Will the US, which has blocked efforts to fill vacant seats on the WTO’s top court for almost …