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EU says it has now ‘fully complied’ with latest WTO ruling on Airbus aid

The EU says it has now “fully complied” with last week’s World Trade Organization ruling that faulted the bloc for not removing all illegal subsidies given to plane manufacturer Airbus.   Two days after the WTO’s Appellate Body issued its findings, the EU submitted a communication saying it had “eliminated …

'Week Ahead' and trade agenda Australia & New Zealand China Defensive trade policy EEA EFTA EU FTAs & bilateral ties Japan Latest news Steel UK trade policy

Week ahead in EU trade: FAC trade, China BIT, Brexit, Japan

China and the EU will resume talks on a bilateral investment treaty this week – but don’t count on much news from the discussions. The main stories are likely to come instead from tomorrow’s Foreign Affairs Council meeting, as ministers debate and decide on a range of trade-related issues including …

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Week in EU trade: EU retaliation, Australia and NZ, Mercosur, palm oil

This has been another big week in EU trade.   Member states managed to cobble together a joint approach to US President Donald Trump’s steel and aluminium tariff threat. The EU lost two World Trade Organization cases – the big-ticket Airbus case and the more symbolic Pakistan plastic pellets case …

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Beyond Brussels: Japan threat to retaliate over US metals duties – more bark than bite?

Japan may follow China by striking back against US steel and aluminium tariffs to the tune of $409 million, signalling that Tokyo is tired of trying to win an exemption from the levies through diplomacy. But the fact that Japan is weighing retaliation doesn’t mean it will actually act on …

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FTA roundup: Mexico, Japan, Singapore, Australia and New Zealand

There have been a few developments and clarifications on the variety of bilateral free trade agreements under way in the EU in recent days. So here are some updates on where things stand with Mexico, Singapore, Japan, Australia and New Zealand.   EU-Mexico  ‘agreement in principle’ – next steps   …

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EU’s lapsed duties on Pakistani PET are illegal, WTO Appellate Body says

European antisubsidy duties on a Pakistani plastics ingredient that expired three years ago breach global trade rules, the World Trade Organization’s Appellate Body said today, upholding a previous ruling.   The fact that the tariffs have lapsed means no action is required by either Islamabad or Brussels. But appeals judges’ …