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In brief: EU and China vow to exchange market access offers, work on WTO

European Commission vice president Jyrki Katainen prepared the groundwork for an EU-China summit in mid-July during today’s high-level economic and trade dialogue meeting in Beijing. The dialogue, initially set up in 2008, has never been much more than a talking shop. But it looks like this time could be different. …

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Week ahead in EU trade: Council, TPC, Brexit, EU Parliament, Hong Kong

Expect plenty of post-Group of Seven summit articles in the aftermath of the two-day meeting that ended in the escalation of a clash over trade and US President Donald Trump’s refusal to endorse a communique. Closer to home, the focus will be on meetings of the Council, the Trade Policy …

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US tariffs: EU launches retaliation process but sticks to trilateral pledges

The EU reacted immediately to the Trump administration’s decision to apply tariffs of 25% and 10% on European steel and aluminium today. The bloc filed a trade complaint against the decision and is initiating a process that will lead to ‘rebalancing’ measures announced several weeks ago. In the meantime, trouble …

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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   …

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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 …

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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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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 …