UK trade secretary Liam Fox is in the United States for two days of talks with US counterparts as part of a recently established US-UK trade and investment working group. Fox will further travel to Mexico. Fox is on a mission to reassure its partners that Britain will deliver stability …
North America
Competition and subsidies key sticking points in Mexico talks
The EU and Mexico have had an extensive two weeks of negotiations on the upgrade of their 2001 FTA between 21 June and 5 July 2017. A Commission report circulated to member states but not made public and seen by Borderlex reveals that although the talks have overall been productive, there …
G20 in Hamburg: trying times for the WTO
Diplomats at the G20 summit in Hamburg hosted by Germany’s Chancellor Angela Merkel managed to cobble together a compromise text promising not to resort to trade protectionism. Whether their joint statement will eliminate the threat of trade wars or, possibly, the tearing apart of the World Trade Organization, remains to be …
Spanish socialists in CETA U-turn
PSOE chief Pedro Sanchez announced his party would not ‘support CETA’, marking a notable u-turn. Spanish socialists, the main opposition party, have so far proven to be in favour of ratifying the EU Canada trade agreement, but internal divisions over the stance have come to the open. The party …
Section 232 – Aluminium speaks, EU governments talk
The world is watching as the United States holds a hearing on Thursday (22 June 2017) in Congress on the so-called Section 232 investigation, gauging whether imports of steel and aluminium harm US national security. After NATO members calling on the US not to harm exports of US allies, steel …
US Section 232 : French, German, UK steel most at risk in Europe
A new study released by the Washington-based Peterson Institute reveals that German, British and French steel exports are likely to be hit most by new trade retaliatory measures initiated and envisaged by the Donald Trump administration since it took office in January 2017. The US has initiated various antidumping measures …
OECD meeting fails to overcome rift with United States on trade
Members of the OECD which gathered in Paris on 7 and 8 June 2017 failed to bring the US on board a joint statement that sheds a positive light on trade and the Paris Agreement on climate change. The United States Trade Representative decided to issue a separate statement. “The …
Comment: What’s all that noise about TTIP?
What’s happening on TTIP? Noise, that’s what’s happening. No action. There’s a lot of hoo-haa about Germany’s Angela Merkel’s recent comments in which she states she remains open to the idea of relaunching the transatlantic TTIP negotiations that were shelved around the time Donald Trump was elected president of …
Malmström and Lighthizer in first formal meet
EU trade commissioner Cecilia Malmström is making a point of having friendly meetings in Paris at the OECD and WTO meeting being held in Paris this week. She just got over a first meeting with her brand new United States counterpart USTR Robert Lighthizer. At the time of writing …
German ‘Mittelstand’ organisation calls for cool head on transatlantic relations
“Long nurtured relationships as between the United States and Germany never only rely on individual persons or sharp statements”, warned Mark Wansleben, head of the German business organization DIHK after the G7 meeting in Taormina, Italy on 26 & 27 May 2017. The statements made to Handelsblatt, the leading German …