It’s time for the World Trade Organization to study the impact of state-owned banks giving low-cost loans to state-owned industries to boost demand during recessions, US-led group of five WTO members says.
United States
WTO: EU, US and Japanese silence on steel measures speaks louder than words
The EU, the US and India came under fire today for measures to protect their steel and solar cell industries. But what’s more interesting is what wasn’t said during the meeting of the World Trade Organization’s Safeguards Committee. WTO members criticised the EU’s ‘safeguard’ investigation into steel as well …
Comment: WTO crisis, Trump, and the EU’s credibility challenge
The EU is struggling to find a consistent, coherent and efficient strategy approach to the US administration’s choking off of the World Trade Organization’s Appellate Body and to its unilateral tariffs on steel and aluminium. There is a lot of back-and-forth in the background – both in Brussels and …
EU requests consultations in WTO against planned US metals duties
The EU is engaged in a highly contortionist political exercise ahead of an expected final decision by the US administration on whether to make temporary exemptions on import duties on steel and aluminium permanent. Among the exertions is a notification to the WTO today.
EU in quest for a Trump trade strategy
There’s an eerie silence in the EU institutions around the current ‘negotiations’ with the Donald Trump administration over the issue of exempting the EU permanently from planned tariffs on aluminium and steel under Section 232. Even the European Parliament hasn’t been updated with the latest developments. The silence stands …
WTO: EU, Japan join US in China IP case – while fending off own US tariff threats
The EU and Japan are joining the United States in a World Trade Organization dispute against China’s intellectual property practices. On Wednesday, the EU and Japan filed a request to join consultations – a preliminary phase in a legal dispute – initiated by Washington. Despite facing, as political allies, …
In brief – Trump tariffs: EU lands exemption – working group to be established
Signals coming from Washington indicate that the EU has been successful in landing an exemption from import tariffs on steel and tariffs asked for by President Donald Trump. According the US administration, these tariffs won’t kick in tomorrow as planned. US Trade Representative Robert Lighthizer said these measures were a …
WTO, EU, India walk tariff escalation tightrope
An informal understanding not to ramp up tensions in the World Trade Organization and an overture by Germany’s Peter Altmaier to the US on talking about trade tariffs indicate the EU and the rest of the world are trying to avoid a descent into tit-for-tat trade escalation as Washington readies …
Blog: Unconventional advice to EU on beating Trump at trade game
To avert tariffs on steel and aluminium, the EU might consider developing its own ‘golf course diplomacy’, if one follows the friendly advice of a former US diplomat. The EU is trying to convince the United States to exempt it from planned punitive tariffs on its exports of steel …
Insight: Section 232 and EU – Escalation and its limits
What comes next in the EU-US row over President Donald Trump’s decision to slap import tariffs on steel and aluminium on national security grounds is not entirely clear. Uncertainty is part of the game. Experts familiar with Washington politics tend to think that the US president is in for some …