The European Union’s new, increasingly assertive, trade policy is now fully coming together with the formation of a new German coalition government and the upcoming French presidency of the Council. Paris and Berlin share many similarities in their approach to this EU policy are but are likely to differ in …
Perspectives
Perspectives: The UK government is undermining its own United States trade ambitions
The UK-US-EU ‘triangle’ is one to keep watching. The British government is going through a few self-inflicted setbacks in its trade relationships with the United States, giving the European Union an advantage as it settles Trump-era trade irritants. But over time London should – and will – strengthen its diplomacy …
Perspectives: MC12 – What we need to hear is the message that the WTO has a future
The expected outcomes from the coming 12th ministerial conference of the World Trade Organization will likely be disappointing overall. But members of the global trade institution still have the chance to make a difference – through showing genuine support for its role.
Perspectives: UK trade policy in quest for a new equilibrium
There is a steadier feel to UK trade policy now that Anne-Marie Trevelyan has replaced Liz Truss as secretary of state. But true impetus requires the resolution of long-outstanding policy questions.
Perspectives: How the EU and US have undermined the WTO further
The recent EU-US agreement on steel and aluminium tariffs appears to reinforce EU Green Deal and US domestic economic priorities combined with the wish of weakening China. This comes at the cost of undermining fundamentals of the World Trade Organization. This carries some risk, particularly for the EU.
Perspectives: CBAM – a welcome practical measure that needs testing
As global attention turns to climate change and the COP26 summit, the EU’s proposal for a Carbon Border Adjustment Mechanism is to be welcomed for advancing the debate on how concretely trade policy can help the fight against climate change from theory to action.
Perspectives: Speech diplomacy – the trade powers are still talking past each other
Recent set-piece speeches by ministers responsible for trade policy from two governments regarded widely as intransigent, the US and UK, failed to dispel the notion that they were just that: set speeches. The set-piece approach is symptomatic of a wider mistake involving the use of public trade diplomacy to justify …
Perspectives: Three Scenarios for the future of the WTO
The difficulties faced by the World Trade Organization are becoming ever more apparent in the run-up to the 12th ministerial meeting. It is time to act – or face difficult truths about its future prospects.
Perspectives: WTO plurilateral agreements should be welcomed
News of agreement on the Joint Statement Initiative on Services Domestic Regulation were a highlight of last week’s World Trade Organization’s Public Forum. Given that full-blown multilateral deals look unlikely in the immediate future in the global trade institution, deepening the trade rulebook among selected countries is better than the …
Perspectives: US-EU trade differences are cultural, commercial and difficult to resolve
The launch of the high-level meeting of the United States and the European Union under the new form of the Trade and Technology Council has rekindled hopes of the two sides finding common ground a number of issues. But to be realised the two sides will have to tackle competing …