Dear readers, this is the last Week in Brussels column before our summer recess. The next Week in Brussels column will appear on 30 August 2019. We will publish very sparingly over the next two weeks due to the general recess period in relevant European and international trade institutions. Here …
Brexit & UK trade
The United States Trade Representative office released an updated report of a hearing in the US Senate held last June. The report offers little that is new on the US’s view on transatlantic trade relations, however the write-up does includes up-to-date views of the US administration on recent plans in …
The United Kingdom looks set for a clear post-Brexit shift away from the European Union’s regulatory orbit and towards a more atlanticist stance under the new government of Boris Johnson, who formally replaced Theresa May as UK prime minister on Wednesday (24 July).
There may be benefits for the UK in pursuing future free trade deals with ‘Anglosphere’ countries around the world post-Brexit. But it will not be easy, and Britain’s top priority really ought to be sorting out its future trade relationship with the EU.
The United Kingdom is committed to negotiating a free trade agreement with the United States after it leaves the EU – even if the deal turns out to be ‘shallower’ in nature than the government would like, according to UK trade minister George Hollingbery.
The week started with a gloomy assessment of the transatlantic tariff threat picture by the trade commissioner and ended with threats of new US tariffs on France, and potentially Britain, following moves in Paris and London to giant digital company profits.
The United Kingdom is putting a lot of faith in its membership of one multinational organisation — the World Trade Organization — as a way of mitigating some of the problems associated with its imminent departure from another (the European Union). But might that faith be misplaced?
The UK has not yet been able to secure a ‘rollover’ of the EU-Canada free trade agreement to apply to Britain after it leaves the EU – and International Trade Secretary Liam Fox is blaming the UK Parliament for sending out ‘mixed signals’ to its trading partners on the likelihood …
This week has mainly been about the EU-Vietnam trade agreement and the final stretches over the 20-year-old EU Mercosur trade negotiations.
The WTO is in crisis. Some members are trying to fix it. And the UK in all this?