News and analysis on trade policy in Europe
Monday, January 18, 2021
Initiatives and discussions involving large groups of countries on issues such as electronic commerce and investment facilitation signal that global trade rules are set for a revamp, says Alan Wolff, deputy director-general of the World Trade Organization. “The WTO rulebook very likely will be updated to address current and …
US President Donald Trump’s decision to study rejoining Trans-Pacific Partnership talks and his suggestion that a trade war with China could be averted if Beijing opened its market to more American goods grabbed the headlines yesterday. But he also had a few things to say – none of them very …
With global fears mounting that the US-China trade dispute will escalate into a full-blown trade war, a softer tone from senior officials in both countries this week suggesting that the standoff could be resolved through negotiations came as welcome news around the world. Both sides seemed ready to take a …
Good news for some, bad news for others yesterday, as US President Donald Trump pushed forward with plans to impose tariffs on foreign steel and aluminium – arguing that the levies were necessary for national security and to stop the “assault on our country” – hours after the 11 remaining members of …
This has been a week overloaded with trade developments. There is lots of news – and speculation – floating around in the run-up to next week’s planning signing of the Trans-Pacific Partnership. The big news from yesterday – US duties on foreign steel and aluminium – has sparked an angry reaction …
Rising trade tensions generally sums up the mood in some parts of the world this week, with China flagging plans to impose dumping duties on styrene monomer from the US, South Korea and Taiwan and India raising import tariffs to their highest level in three decades. Meanwhile, President Donald Trump …
Trade deficit numbers made the headlines this week, with China’s global trade gap narrowing significantly as the UK reporting the highest deficit on goods trade in 15 months. Meanwhile Canadian Prime Minister Justin Trudeau travelled to the US to plead for free trade and to extol the benefits of the …
May, Xi discuss trade barriers UK Prime Minister Theresa May said today that she and Chinese President Xi Jinping discussed the importance of removing barriers to commerce, especially for British food, drink and financial services, as the two countries move toward a post-Brexit trading relationship. May, speaking at a business summit …
The big news this week is the success of the 11 countries that are still part of the Trans-Pacific Partnership in reaching an agreement this week – and that President Donald Trump said the US might consider joining the pact “if we did a substantially better deal”. China and South …
There were plenty of trade stories from around the world this week, including efforts by China’s president to ease strained ties with the US, a request for Washington to probe the security risks of uranium imports, India’s plan to hold a mini-ministerial meeting, Australia’s trade challenge of Canadian measures on …
