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 …
Miscellaneous EU trade files
Week ahead in EU trade: Brexit guidelines, US steel tariffs
Anyone with a backlog of work should try to catch up on it this week, as the trade agenda is rather thin and next week is packed. The top news out of Brussels in the next few days may well focus on the Brexit draft guidelines, which are the subject …
US, EU, Japan to discuss steel tariffs and trilateral cooperation
US President Donald Trump announced yesterday that his country would apply import tariffs on steel and aluminium of 25% and 10% respectively on national security grounds. The announcement was expected. Trump decided to exempt Canada and Mexico, close neighbours, major suppliers of these metals, and fellow members of the …
Trade wars: Trump’s national security argument to rock global trading system
A World Trade Organization case against the United States’ Section 232 steel and aluminium tariffs is bound to rock the global trading system, writes Jennifer Freedman. Despite President Donald Trump’s claim that US duties on foreign steel and aluminium would safeguard American jobs and revive domestic industry, there is …
Week ahead in EU trade: BITS ruling, Brexit guidelines, steel
With things suspiciously quiet on both the Mercosur and Mexico trade talk fronts, the biggest news concerning Brussels this week may be coming from Luxembourg, where the Court of Justice rules on the legality of intra-EU bilateral investment treaties. The week’s headlines will most likely be dominated by the looming …
Section 232: EU Commission to reconsider cooperation with US on China
There is a sense of disillusionment in the upper echelons of the European Commission at the announcement that the president of the United States is planning to slap an all-round tariff on steel and aluminium imports that would affect more than 6 billion euros worth of European exports. Among …
A week in Brussels: Singapore, Mercosur, agriculture
This week’s main news was the announcement of new steps to make labour and environment provisions in EU free trade agreement have more bite, and the looming steel wars between Brussels and Washington. There’s been a lot of ASEAN activity going on as well (more soon). Below is what else is good …
EU’s Section 232 response: WTO-legal options are narrow
The EU’s top leadership reacted promptly to announcements in the US media that President Donald Trump will go ahead with slapping punitive import tariffs on steel. Trade retaliation of some form is expected from Brussels. The EU promises World Trade Organization-compatible moves. But here, the options are relatively limited, lawyers …
In brief: EU readies responses for US Section 232 tariffs and Appellate Body crisis
The central topic on the minds of trade ministers during their informal meeting in snowy Sofia on Tuesday was the United States’s trade policies. The EU is readying a differentiated response to any possible import duties US President Donald Trump could apply to European steel and aluminium. In February, …
US Section 232 remedies seen as threat to EU aluminium, steel sectors
US proposals on how to punish foreign steel and aluminium exporters for unfair trade practices miss the point and would do more harm than good, European Aluminium says. Global excess capacity – specifically in China – is the “root cause of the main challenges” that the aluminium industry faces …