There are several rumors of what we have to expect from US trade policy starting in January. US President-elect Donald Trump has mentioned that he wants to impose a 35% tariff on Chinese imports, re-negotiate or pull out of NAFTA, and withdraw from TPP. This week, we take a look at the powers of the US president when it comes to trade agreements and tariffs. What is possible, impossible?     Impose a tariff on imports: Yes, but only for 150 days...

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There are several rumors of what we have to expect from US trade policy starting in January US President-elect Donald Trump has mentioned that he wants to impose a 35% tariff on Chinese imports, re-negotiate or pull out of NAFTA, and withdraw from TPP. This week, we take a look at the powers of the US president when it comes to trade agreements and tariffs. What is possible, impossible? Impose a tariff on imports: Yes, but only for 150 days and only...

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The European Investment Bank (EIB) will support the construction of the Norther wind farm off the Belgian coast with a loan of EUR 438 million. Half of this amount will be guaranteed under the European Fund for Strategic Investments (EFSI), the heart of the Juncker Commission’s Investment Plan for Europe. Norther is the third wind project off the Belgian coast to be supported under the EFSI. Upon completion, its 44 wind turbines will deliver an estimated 352 MW*, enough to...

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Addressing the European Parliament on the day before the European Council, President Juncker set out the priorities of the meeting: the refugee crisis, defence, the investment plan, the European Solidarity Corps and foreign affairs. Addressing the European Parliament on the day before the European Council on 15 December 2016, President Juncker highlighted the progress made by the European Union on refugee crisis management: greater shared responsibility of our common borders with the setting up of the Border Guard, the implementation...

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Martin Schulz stressed the importance of cooperation and solidarity in his last speech as Parliament President at a European Council meeting. Addressing heads of government at the summit in Brussels, he called on them to make progress on issues such as defence, migration and Russia. “You all agreed that you need the EU, that the EU is the only means to tackle the challenges we are facing in this century. This spirit should never be forgotten and should guide...

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An International Monetary Fund (IMF) mission visited Dublin during November 29—December 2, 2016, for the sixth post-program monitoring discussions—part of the IMF’s regular surveillance of countries with significant IMF credit outstanding. The mission was coordinated with the European Commission and the European Central Bank. At the end of the visit, the mission issued the following statement: The Irish economy is growing at a healthy pace, but remains subject to downside risks. Commendable progress has been achieved through a long and...

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Washington, D.C. – The Office of the United States Trade Representative (USTR) today welcomed the release of the Joint Strategic Plan by the Office of the Intellectual Property Enforcement Coordinator. This Plan is a product of an intensive effort by the Obama Administration to ensure that the works of American creators and innovators are protected from infringement and misappropriation. USTR pursues this agenda on a global scale. “The United States is the world’s most innovative economy, with new ideas and creative...

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