There’s only one big event on the Brussels trade agenda this week – another negotiating round with Mercosur – but that doesn’t mean the coming days will be quiet. Between the start of US tariffs on European steel and aluminium, the EU’s decision to respond with a World Trade Organization …
Steel
EU to initiate WTO dispute over US tariffs
The EU is set to act on pledges it has made over the last few weeks ahead of the imposition of US tariffs of 25% on steel and 10% on aluminium adopted on national security grounds. “Now that we have clarity, the EU’s response will be proportionate and in …
Azevêdo backs Macron’s call for ‘complete update’ of WTO rules
It’s time for the World Trade Organization to be modernised and strengthened, says WTO chief Roberto Azevêdo, backing calls by French President Emmanuel Macron for an overhaul of global trade rules. Macron told leaders at the annual Organisation for Economic Co-operation and Development forum yesterday that the world’s biggest …
Week ahead in EU trade: INTA, FDI, steel duties, safeguards, dumping, OECD, WTO
European lawmakers are in for a busy week, with key debates and plenary votes planned on key issues including looming US tariffs on steel and aluminium and how to protect the bloc from dumped or subsidised imports from non-EU trade partners. INTA to vote on investment screening draft …
Beyond Brussels: US trade measures, WTO member reactions – where we stand
A lot can happen in just a week – and when it comes to trade, most of what’s happening these days involves the US. This week was no exception, as India complained about American duties on steel and aluminium, and the Trump administration initiated a national security probe into automobile …
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. …
Week ahead in EU trade: FAC trade, China BIT, Brexit, Japan
China and the EU will resume talks on a bilateral investment treaty this week – but don’t count on much news from the discussions. The main stories are likely to come instead from tomorrow’s Foreign Affairs Council meeting, as ministers debate and decide on a range of trade-related issues including …
Beyond Brussels: Japan threat to retaliate over US metals duties – more bark than bite?
Japan may follow China by striking back against US steel and aluminium tariffs to the tune of $409 million, signalling that Tokyo is tired of trying to win an exemption from the levies through diplomacy. But the fact that Japan is weighing retaliation doesn’t mean it will actually act on …
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 …
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 …