News and analysis on trade policy in Europe
Wednesday, April 30, 2025
The WTO’s regular global trade forecast released today deserves special attention as it tries to grapple with the as yet hard-to-quantify impact of the COVID-19 pandemic on global economic growth and on trade. Trade is always disproportionately negatively affected by economic shocks compared to global output. And this time is …
We announced it last Thursday and things went according to plan: Coreper said yes last night. The EU’s revised ‘enforcement regulation’ is thus going ahead and only needs to clear a final hurdle at ministerial and European Parliament level, where one can expect smooth sailing. The EU is amending rarely-used …
A lot is up in the air. With next June’s twelfth World Trade Organization ministerial conference in Kazakhstan postponed and most meetings largely called off due to the COVID-19 global pandemic, there is now much less pressure on trade negotiators to meet a big deadline and secure deals. So, what’s …
Council members agreed to temporarily bury the hatchet on a regulatory proposal tabled by the European Commission that aims to empower it to take ‘retaliatory’ trade measures should a World Trade Organization counterpart block litigation proceedings. The EU is bent on making sure it can continue to use a two-tier …
This week was ‘virtual summit’ week, with a focus on the global coronavirus pandemic and its dramatic economic fallout. G20 leaders gathered virtually on Thursday and European Union heads of government had very long meeting online last night that almost failed. But capitals still managed a joint statement. There were …
The European Union is revising for a second time its steel import safeguard which it formally introduced in February 2019. Turkey is now potentially complicating the process. Imports of steel from across the world were restricted following the United States’ decision to introduce high tariffs on steel imports on national …
World Trade Organization members took a series of small decisions at a still-ongoing General Council meeting in Geneva this week. Ambassadors also heard new proposals for change in the WTO by or under the leadership of the United States. Wide gaps among WTO countries remain on fundamental issues ahead of …
If you expected a rapid-reaction ‘big bazooka’ coming out of the European Commission to respond to the current Appellate Body impasse and allow the EU to ‘defend its interests’ as soon as this year – then you forgot that you were in the EU. When the capitals are divided – …
European negotiators involved in the ongoing talks on e-commerce among a subset of World Trade Organization members made relatively upbeat comments about the state of negotiations that hope to set rules for the global digital economy in the 21st Century. Speaking to MEPs on Wednesday in Brussels, Phil Hogan said: …
Did you expect the European Union to quickly come up with a revamped ‘enforcement regulation’ ? Don’t hold your breath. France, among others, wants this to become a bigger piece of legislation than originally envisaged by the European Commission.
