European Commission director for trade defence Martin Lukas said his institution was ready to clinch a price deal with Chinese companies on their exports of electric cars even after definitive EU duties are enacted.
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ASIA TRADE: Indonesia applies for CPTPP, UAE trade deals, Korea-Serbia
The big news for trade policy in the region is Indonesia’s decision to apply for the CPTPP, joining a long queue of applicants. The United Arab Emirates’ trailblazing deal-making in recent years has reached a new high, with agreements with Australia and New Zealand just concluded, and new negotiations launched …
EU beneficiary industry calls for trade-defence ramp-up
It’s trade defence stock-take week in Brussels. The European Commission released its annual report on its trade defence policy covering its activities in the year 2023. On the same day, the commission announced it will now systematically request that imports are registered the moment it initiates an investigation. But AEGIS …
THINK TANK: EU-Indo-Pacific, EU-US, WTO Appellate Body, EU-China
It’s been a big publishing week for think tanks. On the menu: the EU’s Indo-Pacific strategy revisited, a call for an EU US economic agreement by a former senior USTR official, more recommendations to fix the Appellate Body question, and more number crunching on the EU’s trade dependence on China. …
Comment – New French government and trade: plus ça change
France has a new government. The care-taker team that stayed on after France’s July parliamentary elections handed over the keys to their successors on Sunday. The new government includes many familiar faces and is perfectly compatible with the current politics in Brussels.
Editor’s Take: Von der Leyen 2.0’s economic security conundrum
A Green Deal turned industrial policy in the name of security. A ‘geopolitical Commission’ entrenched. The centre-right in the driving seat but the far right in the passenger seat. These are the three trends one can see emerging from the yet-to-be confirmed new European Commission team under a second Ursula …
THINK TANK: China PNTR, onshoring, agricultural trade, CBAM and Vietnam
This week’s think tank column focuses on what onshoring and revoking Chinese permanent normal trade relations status really mean for the United States economy, improving regional trade agreements to benefit agricultural trade and the impacts of the European Union’s carbon border adjustment mechanism on Vietnam.
THINK TANK: Trump tariffs, ASEAN digital deal, Chinese overcapacity
In this week’s Think Tank edition: Alan Wolff discusses the legalities of Donald Trump’s proposed tariffs and William Reinsch comments on the need for a coordinated global strategy to deal with China’s overcapacity. Also, the Hinrich Foundation reports on potential for the Association of Southeast Asian Nations digital agreement to …
WTO secretariat unveils its first-ever management strategy paper
The secretariat of the World Trade Organization unveiled the 30-year-institution’s first-ever strategy, which aims to give direction to its activities amidst growing concerns about the future and finances of the institution.
‘Friendshoring’ now a reality, cushioned by deep FTAs
‘Reshoring’, ‘friendshoring’ , ‘de-risking’, ‘nearshoring’, however you call it, is now becoming a measurable reality on the ground.
