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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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 …
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 …
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 …
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 …
Week ahead in EU trade: INTA, Brexit, investment screening
Two events will happen in Brussels this week that merit close attention: the European Parliament’s international trade committee will discuss a range of headline-worthy issues during its two-day meeting and the Working Party on Trade Questions will discuss investment screening. The churn on Article 50 negotiations between the EU27 and …
A week in Brussels: Trump shadow
The trade week in Brussels was relatively quiet, with many professionals away due to holidays. The trade policy churn nonetheless continued, with COREPER and the Trade Policy Committee meeting on Tuesday instead of their standard Wednesday, when all institutions closed for Europe Day. Member states examined the Australia and …
Beyond Brussels: WTO tensions deepen over intellectual property, steel, Appellate Body
The World Trade Organization’s General Council meeting on Wednesday highlighted the deepening rift between the US and other members over steel, intellectual property and Appellate Body nominations. There seems to be no way out of the crisis for now.