Defensive trade policy

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New EU dumping methodology is illegal, Chinese, Russians and Saudis say

The EU can expect legal challenges against its new law to protect the bloc against dumped and subsidized imports. That message came out loud and clear during a meeting of the World Trade Organization’s Committee on Anti-Dumping Practices.   The European regulation, which entered into force on 20 December, establishes …

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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 …

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A week in Brussels: Mexico progress, data flows, e-bikes, investment screening

It was another packed week in trade, with the trans-Atlantic relationship on top of everyone’s mind. We’ve covered some of it here, as well as developments in the run-up to the launch of EU-Australia and EU-New Zealand free trade talks. There’s been a lot of movement between the EU and …

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Trade defence – member states release contours of new EU regulation

Member states green-lighted a legislative compromise on a long-standing trade defence instrument reform package initiated in 2013.   Last December the Council, European Commission and European Parliament reached a final political compromise after a lengthy trilogue negotiation process.   The final text is expected to be adopted by EU legislators …

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Deng: Double whammy of EU steel safeguards and US duties would be ‘disaster’ for Taiwan

A decision by the EU to slap safeguards on foreign steel would have severe repercussions in Taiwan, whose exports of the alloy to the US are already subject to 25% duties, says Taiwan’s top trade negotiator. Without an exemption from the US tariffs – something Taiwan has tried and failed to …

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A week in Brussels: Culture goods, procurement, Sri Lanka

This week was comparatively quiet. It was Easter, after all.   There’s been some movement on the wider global trade war front. Don’t forget to read up on our two articles here and here. The headlines of these articles’ may say ‘China’ or ‘Japan’, but the pieces include a lot …

Defensive trade policy Latest news World Trade Organization WTO crisis and reform

WTO: With new US envoy comes softer subsidy notifications text

The same day that Dennis Shea was sworn in as the top US envoy to the World Trade Organization, Washington submitted a revised proposal to toughen up rules for countries to meet deadlines for notifying agricultural subsidies and other trade measures. Although there were no changes in the proposed penalties …

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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 …

Defensive trade policy Latest news Steel United States WTO dispute settlement

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 …