Trade News

Trade News

Chapter News, Trade & TTIP Related

Trade and Climate: EU and partner countries launch the ‘Coalition of Trade Ministers on Climate’

On January 19, the European Commission, EU Member States, and 26 partners countries will launch “The Coalition of Trade Ministers on Climate”, the first Ministerial-level global forum dedicated to trade and climate and sustainable development issues. The Coalition will foster global action to promote trade policies that can help address climate change through local and global initiatives. The Coalition aims to build partnerships between trade and climate communities to identify the ways in which trade policy can contribute to addressing...
Chapter News, Trade & TTIP Related

U.S.-EU Joint Statement of the Trade and Technology Council

I. Introduction The U.S.-EU Trade and Technology Council (TTC) met outside Washington, D.C., on December 5, 2022.  The meeting was co-chaired by U.S. Secretary of State Antony Blinken, U.S. Secretary of Commerce Gina Raimondo, U.S. Trade Representative Katherine Tai, European Commission Executive Vice President Margrethe Vestager, and European Commission Executive Vice President Valdis Dombrovskis, joined by U.S. Deputy Under Secretary of Labor Thea Lee, Jamaica Minister for Information Communication Technology Floyd Green, and Kenya Cabinet Secretary for Information, Communication and...
Chapter News, Trade & TTIP Related

Speech by Executive Vice-President Valdis Dombrovskis at the Trade FAC meeting

"Check against delivery" Thank you very much and thank you, Minister Sikela, for your excellent chairmanship and for the strong work of Czech Presidency. Even though if I know your work on the trade track may be over, you continue to work very intensively on energy track. Our discussions today focussed on three core issues for EU trade policy: World Trade Organisation reform, EU-US trade relations and our ongoing trade support to Ukraine. The EU is the strongest global champion of a...
Chapter News, Trade & TTIP Related

Statement from the Commission on clarifications discussed with Germany regarding investment protection in the context of the CETA agreement

Brussels, 29 August 2022 | The EU and Canada are trusted and like-minded partners that share the same goals when it comes to promoting open, sustainable and fair trade. Our EU-Canada Comprehensive Economic and Trade Agreement (CETA) aims to support our common objective of climate protection. In this context, the European Commission has engaged in constructive discussions with the German Federal Government to prepare a text that clarifies certain provisions in CETA. The result of these technical discussions is a...
Chapter News, Trade & TTIP Related

FACT SHEET: U.S.-EU Trade and Technology Council Establishes Economic and Technology Policies & Initiatives

Posted on May 16, 2022 | New Policies Will Strengthen Our Economic Partnership, and Update Rules of Global Economy Read the U.S.-EU Joint Statement here. The U.S.-EU Trade and Technology Council (TTC) held its second ministerial meeting in Saclay – Paris, France on May 15-16, 2022. U.S. co-chairs, Secretary of State Antony J. Blinken, Secretary of Commerce Gina Raimondo, and United States Trade Representative Katherine Tai were joined by EU Co-Chairs European Commission Executive Vice Presidents Margrethe Vestager and Valdis Dombrovskis to...
Member News, Trade & TTIP Related

GDLSK | International Trade Commission initiates investigation of the economic impact of Section 232 and 301 tariffs on U.S. industries

The United States International Trade Commission (“ITC”) has announced the commencement of its retrospective investigation on the economic impact on the U.S. industries most affected by the Section 232 and 301 tariffs that were active as of March 15, 2022. NOTE: This investigation is in addition to a separate from the United States Trade Representative’s (“USTR”) review with regard to the continuation of the 301 tariffs which was commenced on May 7, 2022. See our notice on the USTR...
Chapter News, Trade & TTIP Related

IMF | Global Trade Needs More Supply Diversity, Not Less

Countries with trade partners that implemented more stringent lockdowns had a sharper drop in imports. Though trade flows have adjusted, more diversified global value chains could help lessen the impact of future shocks. The demand and supply shocks unleashed by the pandemic were expected to lead to a dramatic collapse in trade, but international commerce has proven more resilient than during previous global crises. While goods trade fell sharply in the second quarter of 2020, it bounced back to pre-pandemic levels...
Chapter News, Trade & TTIP Related

Fair and Open Trade in Europe and beyond – High Level Conference on Trade Policy and European Strategic Autonomy

"Check against delivery" | Paris, 7 March 2022 | Introduction Good morning. Thank you so much for inviting me to be with you today. I am glad to be here in person. Because getting together, being in one room  makes a difference. This is especially true these days. The events of the past weeks are a watershed moment for us all. They alter the course of our policies and the calculus of our foreign relations. I don't want to say too much about...

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