Trade & TTIP Related
Trade wars matter, but not that much
Monday, October 21st, 2019Georges Ugeux, CEO | Galileo Global Advisors Matt Phillips made an unambiguous conclusion in the New York Times this week, warning Wall Street’s Sky-High Expectations Are About to Collide With Reality. Phillips points at the bleak outlook following the most recent corporate earnings trends. He is right in reminding investors of the real signs we should pay attention […]
Statement on the publication of WTO’s award in the Airbus dispute
Monday, October 7th, 2019Following the publication today of the World Trade Organization’s (WTO) award regarding the amount of U.S. countermeasures in the WTO Airbus dispute, Commissioner for Trade Cecilia Malmström made the following statement: “The European Union takes note of the decision of the World Trade Organization’s (WTO) arbitration panel in the Airbus case, and the level of possible countermeasures. […]
W.T.O. Decision Authorizes The U.S. To Impose $7.5 Billion In Tariffs On E.U. Products
Wednesday, October 2nd, 2019On October 2, 2019, the World Trade Organization (“W.T.O.”) announced that the U.S. can impose $7.5 billion in tariffs annually on products of the European Union (“E.U.”), in retaliation for the E.U. illegally subsidizing its large civil aircraft manufacturer, Airbus. In anticipation of this decision, the U.S. prepared two lists of tariff provisions on which […]
USTR Announces Additional Exclusions
Wednesday, October 2nd, 2019On September 27, 2019, the U.S. Trade Representative (“USTR”) announced that 203 additional product descriptions will be excluded from the Section 301 trade remedies imposed on Chinese-origin products. The 203 exclusions consist of 92 product descriptions from Tranche 1 and 111 product descriptions from Tranche 2. This latest set supplements the exclusions the USTR previously […]
The European Union and the United States sign an agreement on imports of hormone-free beef
Monday, August 5th, 2019The European Union and the United States, represented respectively by Stavros Lambrinidis, EU Ambassador to the United States and Jani Raappana, Deputy Head of Mission, for the Finnish Presidency of the Council of the EU, and Robert Lighthizer, U.S. Trade Representative, signed today in Washington D.C. an agreement reviewing the functioning of an existing quota […]
U.S. Steel Importer Sues Department of Commerce for Denial of Section 232 Product Exclusion Request
Thursday, August 1st, 2019By Thompson Hine International Trade On July 30, 2019, JSW Steel (USA), Inc. (JSW) filed a complaint against the United States and, specifically, the Department of Commerce (Department) for denying its product exclusion requests for certain steel imports that otherwise are subject to a 25 percent tariff under President Donald Trump’s March 2018 proclamation implementing such tariffs under […]
EU’s new Director-General for Trade Update on EU-US trade
Monday, July 29th, 2019Sabine Weyand, EU’s new Director-General for Trade, gives an update on EU-US trade and shares her insights on why the EU has been so busy striking new trade agreements in our latest EU Now podcast. Find the podcast HERE
EU-U.S. trade talks – one year on, Commission presents progress report
Thursday, July 25th, 2019Today, July 25, marks the first anniversary of the Joint Statement by President Juncker and President Trump, which launched the new phase in the relationship between the United States and the European Union. As a first step, the Presidents set up an Executive Working Group, co-chaired by Commissioner for Trade Cecilia Malmström and her counterpart […]
World Trade Centers Association launches its 2019 Trade & Investment Report
Monday, June 17th, 2019The World Trade Centers Association (WTCA) unveiled its second annual Trade and Investment Report (www.WTCAReports.org), conducted in partnership with FP Analytics. The report details the key factors that enable cities to remain resilient as dramatic shifts in trade-and-investment policies intensify economic competition. Moreover, on-the-ground insights from interviews with WTCA members around the world reveal that the damage […]
Barriers to trade: as protectionism rises, EU continues opening up export markets for European firms
Monday, June 17th, 2019The European Commission’s report released today confirms the continuous rise in barriers encountered by European companies in foreign markets. Thanks to the EU’s firm response, 123 such barriers have been eliminated since the beginning of the current Commission mandate, allowing for more than €6 billion extra exports in 2018. The latest edition of the Trade […]