The European Union has agreed not to proceed with a second tranche of retaliatory import duties on United States imports on 1st of June as originally planned in order to leave room for further negotiations with the United States. The duty enactment could be deferred for up to six months.
It’s been a relatively quiet week on the trade front in the EU given a Thursday bank holiday in many European countries and the European Commission declaring today (Friday 14 May) a holiday for its staff. Nonetheless, below some notable developments in EU trade policy.
Overview of key news items this week in EU trade by Iana Dreyer and Nikos Lavranos.
The United Kingdom is confident that it will conclude a free trade agreement with New Zealand ‘in the coming months’, despite continuing friction between the two sides over agricultural market access.
The global news cycle is dominated today by the decision by the United States to support the idea of a waiver on intellectual property rules enshrined in the World Trade Organization.
The European Commission released today its regulation proposal for an instrument to control “foreign subsidies distorting the internal market”.
The European Union’s member states are in what many in Brussels believe to be the final stages of preparation of a long-awaited regulation that aims to promote international ‘reciprocity’ in market access for public sector contracts.
There are timid signs of a gradual Washington ‘awakening’ to trade files that the European Union would want to settle with Washington to move on on trade.
Ministers of the rich world have vowed to work together on setting global standards for digital supply chains. G7 ministers in charge of digital affairs gathered at a meeting hosted by United Kingdom on Wednesday (28 April 2021). The leaders “decided to place the needs of open, democratic societies at …
The countdown for a second round of European retaliatory tariffs in response to United Sates tariffs on steel and aluminium from the European Union and the ex-EU member United Kingdom is now clearly on.