The European Union’s political establishment is relieved that the Democratic candidate to the White House Joe Biden has won the United States elections this month. While improvement of political relationships is in the offing, a there will be no miraculous return to close and harmonious relationships across the Atlantic. And …
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Comment: Transatlantic trade relations after the US elections
Whoever ends up winning the election in the United States, the European Union now urgently needs to put serious security and geostrategic thinking first and avoid using its trade policy as an easy ‘ersatz’ for genuine security and international diplomacy, argues Borderlex’s founder Iana Dreyer.
EU authorised to hit US $ 4 bn in United States trade
Updated on 13 October 2020 at 18.11 CET. The European Union may retaliate against the United States following damage to Airbus’ sales of aircraft to prospective clients from government subsidies to Boeing. The amount of annual trade that may be covered by EU retaliation is US $ 3.99 billion.
Post-COVID 19: Positions on trade harden in European Parliament
A vote on a low-key European Parliament report this week turned into a major battle over the direction of trade policy in a post COVID-19 world. It worked as a catalyst, revealing growing rifts reaching right into the political centre-ground on European trade politics in a turbulent time. Green goals …
MEPs signal initial support for EU-US lobster deal
Spokespeople for the largest political groups in the European Parliament’s international trade committee are signalling endorsement for the ‘lobster for lighters’ deal inked by former European Union trade commissioner Phil Hogan and United States Trade Representative Robert Lighthizer.
EU-US: Dombrovskis hopes to build on lobster-lighters deal momentum
There is a small hiatus in EU trade policy as the European Commission awaits final confirmation of Valdis Dombrovskis as the next commissioner in charge of trade policy. But the Latvian top commission executive has played his care-taker role in full since late August and taken charge of the EU’s …
Week in Brussels: Airbus subsidies, TDI, corporate responsibility, Moldova, Corona
In many ways this has been a week full of trade defence news: the first European Court of Auditors report on EU trade defence policy was released this week, and Turkey decided to go to court in Geneva over the EU’s steel safeguard. There is also the ever-simmering tariff guerilla …
EU business wants ‘positive agenda’ with US – as Schrems II throws new spanners in transatlantic works
Today’s judgement of the Court of Justice of the European Union invalidating the 2016 Privacy Shield in force with the United States is throwing further spans in the works of the increasingly tense transatlantic relationship. “Unfortunately, the impact on EU-US trade relations is going to be huge,” reckons Peter Chase, …
Comment: USTR eyes Airbus-related escalation of tariffs, helicopter tariffs
The United States are currently threatening new tariffs on neighbours and allies left, right, front and centre. It’s clearly election campaign season for an embattled US president Donald Trump. Signs are European Union efforts to find some form of ‘settlement’ with the US on aircraft subsidies have been in vain, …
Week in Brussels: digital tax wars, new strategy, SME exports, anti-subsidy
It’s been quite a week in terms of trade news, with the launch of an EU healthcare initiative with the WTO’s Ottawa Group meeting and new plans to control foreign subsidies of companies operating in Europe. Below some other notable news. UK talks: European Parliament talks tough on LPF and …
