AmChamEU, the association representing US businesses invested in the European Union, is urging Brussels and London to step up their efforts to establish a working future economic relationship after Brexit. The moves comes as Britain prepares to release its long-awaited ‘white paper’ on its future relationship with the bloc. The …
North America
Beyond Brussels: As WTO sounds the alarm about protectionism, new US and Chinese tariffs kick in
US tariffs on Chinese goods kicked in today. So did Chinese duties on US products. Chalk up at least another two trade restrictions that will be added to the World Trade Organization’s next semi-annual listing of barriers erected by Group of 20 economies. Earlier this week, the WTO issued …
Comment: What are the EU’s options in auto trade spat with the United States?
The political drama unfolding over planned US auto duties looks like a replay of this spring’s steel and aluminium tariff saga, just on a much grander scale. Let’s not expect a resolution of the transatlantic trade crisis so soon, comments Iana Dreyer. The US, the EU and (mainly) Germany …
US auto tariffs: EU vows to defend its interests in heated WTO meeting
The EU joined more than a dozen World Trade Organization members in denouncing the Trump administration’s threat to impose import duties on vehicles and car parts, saying such a move would seriously disrupt the world market and harm global commerce. Japan also suggested that such tariffs – which the …
Week ahead in EU trade: Trump threat, Austrian presidency, TPC
This is one of those weeks when it looks like little is happening on the European trade agenda. Don’t be fooled, it’s not time to go fishing – especially in light of the EU’s warning that US tariffs on foreign cars could lead to global retaliation against up to $300 …
Council details WTO reform wish list, is cautious on US auto tariff threats
The European Union’s heads of government significantly amended their conclusions on trade policy in the night from Thursday to Friday, offering more detailed guidance on what they want in terms of World Trade Organization reforms – a goal the EU formally set itself this spring. The Council officially remains silent …
A week in Brussels: CETA, ECJ, Vietnam, Cambodia
It’s been an eventful week in Brussels, culminating with the ongoing European Council – which we will cover separately. The fear of US tariffs on autos, that the multilateral trading system will unravel and China, and frustrations at the slow pace of Brexit negotiations (here and here) have all dominated …
Beyond Brussels: US tariffs on China mean pain, but how much gain?
Relations between the US and many of its trade partners were bad enough that there was really no need to add fuel on the fire by tossing out fresh incendiary comments. But that’s just what US Commerce Secretary Wilbur Ross did yesterday by calling for an even “more painful” environment …
Commission paints bleak picture of EU-US trade relations
A top European Commission trade official painted a bleak picture of transatlantic relations to a European Parliament committee today, saying US import duties on steel and aluminium as well as possible tariffs on foreign cars and car parts are “clearly detrimental” and potentially catastrophic for world trade. The outlook …
Week ahead in EU trade: Australia and New Zealand, duties on US goods, INTA
This week promises to be busy, with the European Parliament’s trade committee debating a range of issues including EU ties with the US and Latin America, the launch of trade negotiations with Australia and New Zealand, and the start of the bloc’s tariffs against US goods to strike back at …