International think tanks seem to be slowing down ahead of the holiday season but the Hinrich Foundation and UK Trade Policy Observatory have released some detailed work on the realities of decoupling and trade agreements.
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Blog: A lesson in trade policy from the UK Trade and Agriculture Commission
The UK’s Trade and Agriculture Commission, an advisory body to the government on trade policy in relation to the country’s agriculture sector, released a much awaited report late last week on the consequences of Britain’s accession to the Comprehensive and Progressive Transpacific Partnership. Here some comments.
EU leaders hold ‘detailed’ trade conversation with China
European Council president Charles Michel and European Commission president Ursula von der Leyen have put the bilateral trade relationship with China front and centre of their conversations with China’s president Xi Jinping at a summit in Beijing today. The conversations also covered questions of war and peace including the war …
Week in London: Skills shortages, 3 years TCA, 3-year RoO extension
The week in UK trade news was dominated by the announcement of a three-year delay in enacting new, more restrictive, rules of origin for parts that go into electric vehicles to and from the EU and UK as part the 2020 bilateral trade and cooperation agreement known as TCA. This …
THINK TANK: China’s CRM, US’ Foreign Pollution Fee Act, IPEF
The question of China and taxing carbon intensive goods has dominated the think tank picture this week, with IPEF topping this all up.
Blog: The oddities of the new EU Japan cross-border data flow text
The EU has made meaningful concessions to Japan in its negotiation on a cross-border data flow chapter that is to be annexed to the EU Japan Economic Partnership Agreement, a trade accord that has been in operation since early 2021. The result is a quirky mixture of approaches to the …
European Parliament gets down to work on new EU customs rules
The European Parliament is preparing to make its mark on the coming new European Union overhaul of its common customs code as its internal market committee and international trade committee prepare their report and opinion respectively on the project.
In brief: EU-US steel and aluminium: decision on extending tariff truce “matter of days”
The EU is preparing to extend its side of the bargain in a tariff truce agreed with Washington in October 2021 to leave room for negotiating a long-term settlement over steel and aluminium duties initially enacted by the Trump administration on national security grounds in 2018.
THINK TANK: An alternative trading system, EVs, US renewables tariffs
Here is a roundup of what trade think tanks have been up to this week.
Comment: It’s the end of an era for EU trade policy
The ratification by the European Parliament of a trade agreement with New Zealand this week is the swan song of a long EU policy cycle made of globalising optimism and constructive economic diplomacy. Next year’s European Parliament elections might mark the turn to darker times.
