The European Parliament wants to enact legislation on the screening of foreign takeovers swiftly, before EU institutions shut down in the early months of next year ahead of European elections. This is why the committee on international trade voted for anticipated inter-institutional – or ‘trilogue’ – negotiations with the Council …
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Week ahead in EU trade: INTA, FDI, steel duties, safeguards, dumping, OECD, WTO
European lawmakers are in for a busy week, with key debates and plenary votes planned on key issues including looming US tariffs on steel and aluminium and how to protect the bloc from dumped or subsidised imports from non-EU trade partners. INTA to vote on investment screening draft …
Beyond Brussels: US trade measures, WTO member reactions – where we stand
A lot can happen in just a week – and when it comes to trade, most of what’s happening these days involves the US. This week was no exception, as India complained about American duties on steel and aluminium, and the Trump administration initiated a national security probe into automobile …
Week in Brussels: Trump, Paris agreement, China
It hasn’t been an easy week for the EU. Just as member state leaders felt they might be nearing a deal with US commerce secretary Wilbur Ross that could spare the EU tariffs on steel and aluminium before a temporary exemption expires next week, the Trump administration initiated an …
Insight: Will US ‘light another fire’ over Servansing’s bid for second Appellate Body term?
Shree Baboo Chekitan Servansing will tell the World Trade Organization’s Dispute Settlement Body on Monday that he wants a second term on the Appellate Body, Borderlex has learned. Now the big question: Will the US, which has blocked efforts to fill vacant seats on the WTO’s top court for almost …
EU says it has now ‘fully complied’ with latest WTO ruling on Airbus aid
The EU says it has now “fully complied” with last week’s World Trade Organization ruling that faulted the bloc for not removing all illegal subsidies given to plane manufacturer Airbus. Two days after the WTO’s Appellate Body issued its findings, the EU submitted a communication saying it had “eliminated …
EU-US steel: US ready to talk about talks, but still wants small quota
A ‘deal’ could be materialising between the Washington and Brussels ahead of the 1 June deadline for US tariffs on steel and aluminium to kick in. It is not yet clear whether all EU member states would approve the arrangements, or if it would hold within the US administration. …
FAC trade: low expectations regarding US steel exemption
There’s little that is really new to report on the Foreign Affairs Council meeting held today in Brussels. The EU is not nurturing strong hopes to be exempted from import restrictions from the United States. Australia and New Zealand trade negotiations to begin by July As expected the …
Week ahead in EU trade: FAC trade, China BIT, Brexit, Japan
China and the EU will resume talks on a bilateral investment treaty this week – but don’t count on much news from the discussions. The main stories are likely to come instead from tomorrow’s Foreign Affairs Council meeting, as ministers debate and decide on a range of trade-related issues including …
Week in EU trade: EU retaliation, Australia and NZ, Mercosur, palm oil
This has been another big week in EU trade. Member states managed to cobble together a joint approach to US President Donald Trump’s steel and aluminium tariff threat. The EU lost two World Trade Organization cases – the big-ticket Airbus case and the more symbolic Pakistan plastic pellets case …