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 …
North America
Beyond Brussels: US says EU snub in Airbus case shows ‘lack of seriousness’ to settle dispute
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 …
EU to initiate WTO dispute over US tariffs
The EU is set to act on pledges it has made over the last few weeks ahead of the imposition of US tariffs of 25% on steel and 10% on aluminium adopted on national security grounds. “Now that we have clarity, the EU’s response will be proportionate and in …
Japan, US, EU set out action plan on China trade
The EU, the US and Japan agreed a joint action plan aimed at inducing China to cut back its industrial subsidies and to relinquish its restrictive investment and intellectual property policies.
France calls for quadrilateral talks to revamp WTO – as trade war with US looms
In a speech at the Organisation for Economic Co-operation Development today, French President Emmanuel Macron denounced the United States administration’s trade policy – warning it without naming it that bilateral trade wars resolve none of the problems created by globalisation. Macron pleaded for reform of the multilateral trading system …
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 …
Insight: Will US ‘light another fire’ over Servansing’s bid for second Appellate Body term?
Shree Baboo Chekitan Servansing will tell the World Trade Organization’s Dispute Settlement Body on Monday that he wants a second term on the Appellate Body, Borderlex has learned. Now the big question: Will the US, which has blocked efforts to fill vacant seats on the WTO’s top court for almost …
EU says it has now ‘fully complied’ with latest WTO ruling on Airbus aid
The EU says it has now “fully complied” with last week’s World Trade Organization ruling that faulted the bloc for not removing all illegal subsidies given to plane manufacturer Airbus. Two days after the WTO’s Appellate Body issued its findings, the EU submitted a communication saying it had “eliminated …
EU-US steel: US ready to talk about talks, but still wants small quota
A ‘deal’ could be materialising between the Washington and Brussels ahead of the 1 June deadline for US tariffs on steel and aluminium to kick in. It is not yet clear whether all EU member states would approve the arrangements, or if it would hold within the US administration. …