It hasn’t been an easy week for the EU. Just as member state leaders felt they might be nearing a deal with US commerce secretary Wilbur Ross that could spare the EU tariffs on steel and aluminium before a temporary exemption expires next week, the Trump administration initiated an …
Internal EU politics
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. …
Steel and aluminium: The smaller problem in transatlantic relations?
The EU has offered to negotiate a trade agreement with the US in return for a permanent exemption from steel and aluminium tariffs. But chances of success are limited. What is more, the EU-US row over the tariffs is becoming the lesser problem in the wider transatlantic relationship, writes Iana …
FTA roundup: Mexico, Japan, Singapore, Australia and New Zealand
There have been a few developments and clarifications on the variety of bilateral free trade agreements under way in the EU in recent days. So here are some updates on where things stand with Mexico, Singapore, Japan, Australia and New Zealand. EU-Mexico ‘agreement in principle’ – next steps …
Week ahead in EU trade: INTA, Brexit, investment screening
Two events will happen in Brussels this week that merit close attention: the European Parliament’s international trade committee will discuss a range of headline-worthy issues during its two-day meeting and the Working Party on Trade Questions will discuss investment screening. The churn on Article 50 negotiations between the EU27 and …
A week in Brussels: Trump shadow
The trade week in Brussels was relatively quiet, with many professionals away due to holidays. The trade policy churn nonetheless continued, with COREPER and the Trade Policy Committee meeting on Tuesday instead of their standard Wednesday, when all institutions closed for Europe Day. Member states examined the Australia and …
EP: What trade committee members want from China
A read through amendments tabled by trade committee members in preparation of a report on and trip to China highlights Europe’s divisions vis-à-vis the Asian country. One of the few areas of consensus is support for Taiwan. A delegation of European parliamentarians is in China this week to assess EU-China …
Week ahead in EU trade: INTA, MIC, Mercosur, Tunisia, trade remedies, UK customs union
Put on your seatbelt and get prepared for a crazy ride this week.
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.