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?
Former Appellate Body member Peter Van den Bossche in conversation with Borderlex’s Iana Dreyer on the WTO crisis, the slow death of the Appellate Body and aircraft subsidy cases.
The US and EU are consulting stakeholders over retaliation for Airbus and Boeing WTO rule breaches.
The two main meetings to look for this week in EU trade are an EU-Japan summit and the next meeting of the WTO’s dispute settlement body. Japan’s premier Shinzo Abe will be in Brussels on Thursday (25 April). EU leaders are set to “take stock of the implementation of the …
The length of the list of United States products the European Commission released on Wednesday (17 April) for governments and businesses to consider as possible targets for retaliatory tariffs appeared surprisingly long to some trade observers. The list was released in response to the WTO’s recent finding that Washington had …
“Maybe it’s just another opportunity for President Trump to impose tariffs”, Chad Bown from the Peterson Institute of Economics tweeted in reference to the US’s decision to table tariffs on billions of Euros’ worth of European products. Robert McDougall, a former Canadian trade diplomat, retorted: “The announcement and eventual imposition …
Europe’s efforts towards sustainable trade is a paradox. While it successfully works with sticks and carrots for sustainable fisheries, the EU imposes rules on biofuels that cannot be complied with, writes Hosuk Lee-Makiyama.
The dormant decade-old dispute between Brussels and Washington over subsidies to their respective aircraft giants Airbus and Boeing is being revived. Brussels has requested a dispute settlement panel to be established at the WTO over new subsidies decided by Washington state late last year. Ravi Kanth reports from Geneva. //