The United States and the five European countries that have enacted digital services taxes agreed a tax-and-tariff truce during USTR Katherine Tai’s ongoing visit to Europe and ahead of Friday’s G7 trade ministers meeting in the United Kingdom.
The European Commission is preparing a new piece of legislation that aims to boost production of next-generation semiconductors in Europe, a European Chips Act: its trade and investment policy dimension will be a spot to watch.
“Lessons of TTIP have been learned,” said Monique Goyens, the director-general of the highly influential EU consumer protection organisation BEUC at an online webinar last Wednesday (13 October 2021).
The EU-US Trade and Technology Council was an idea tabled in Brussels and endorsed at the last minute by Washington ahead of their first summit in June 2021. Although it might be postponed, preparations for a meeting that is ultimately expected to go ahead are far advanced. This is what …
With just over two weeks to go until the inaugural meeting of the Transatlantic Trade and Technology Council, there remain many unanswered questions around just who will attend and the exact issues to be discussed.
The European Commission and External Action Service are planning to unveil a proposal to start Digital Economy Partnership Agreement negotiations with Korea, Japan and Singapore as part of the European Union’s new Indo-Pacific strategy. The EU is also considering launching data privacy legislation “adequacy” negotiations with India, Indonesia, Sri Lanka, …
The European Commission’s plans to press ahead with a ‘digital levy’ despite agreement at international level on taxation of companies trading across borders is not only annoying the United States, but also the European Union’s very own corporate sector, which fears trade retaliation and loss of competitiveness.
The growing importance of e-commerce has not been well reflected in trade policy instruments. While there are many initiatives ongoing, a global rule-book seems likely to remain elusive for some time. As e-commerce continues to grow this may not be such a big problem as it appears.
Borderlex is pleased to partner with the UK Trade Policy Observatory for its trade policy podcasts. These are moderated by our deputy editor Chris Horseman.
The Biden administration is genuinely committed to a partnership with the European Union on issues related to the digital economy. But making new ‘trade and tech’ initiatives announced in the wake of the EU-US summit work will require swift movement and a lot of resources. A conversation with Frances Burwell.