Things are starting to wind down on the trade front before the summer recess. Some news – or at least official remarks, if not tweets – can be expected from European Commission President Jean-Claude Juncker’s meeting with US President Donald Trump at the White House. Juncker will seek to sidestep …
United States
Section 232: US brings dispute on EU, Chinese ‘rebalancing’ measures to WTO
Washington has hit back at five World Trade Organization members for “illegal” tariffs that were imposed on US products in response to the Trump administration’s decision to apply duties on foreign steel and aluminium. The US announcement today that it had filed five complaints targeting the EU, China, Canada, Mexico and …
A Week in Brussels: Trump tariff update, investment screening, Mercosur
It’s been one of those weeks again. On trade: a round of talks with Indonesia, discussions on Mercosur, packed meetings in the European Parliament, Brexit and transatlantic issues all over. The EU Japan EPA’s signature ceremony was postponed to next Tuesday in Tokyo. Below other highlights. Juncker meeting with Donald …
For United States investors, Canada ‘dry’ won’t do for future EU-UK deal
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 …
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 …
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 …