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Trade News
Trade News
22
Feb
An economic analysis by the European Commission shows that a targeted EU-US agreement eliminating tariffs on industrial goods would increase EU exports to the US by 8% and US exports to the EU by 9% by 2033. This corresponds to additional gains of €27 billion and €26 billion in EU and US exports respectively.
The European Commission has today submitted to the European Parliament and EU Member States an economic analysis on the benefits for EU and US producers and...
15
Feb
The continuation of economic and trade relations between Switzerland and the United Kingdom after the UK’s withdrawal from the European Union (Brexit) is assured. Federal Councillor Guy Parmelin and the British Secretary of State for International Trade, Liam Fox, signed a bilateral trade agreement in Bern on 11 February.
The trade agreement signed today by Switzerland and the UK ensures the continuation of the economic and commercial rights and obligations arising from the agreements between Switzerland and the European Union...
07
Feb
In his second State of the Union address to Congress, President Donald Trump noted that he campaigned on several core promises, including “to defend American jobs and demand fair trade for American workers.” He argued that his administration has “moved with urgency and historic speed to confront problems neglected by leaders of both parties over many decades” and indicated that “one priority is paramount – reversing decades of calamitous trade policies.”
His prepared speech included comments on the ongoing trade dispute with...
30
Jan
Brussels, 30 January 2019
The European Commission has today published a report on the implementation of the 25 July 2018 Joint Statement agreed by Presidents Juncker and Trump.
In line with the Commission's commitment to transparency, the report provides a detailed overview on the state of play of the talks so far. The document was sent today to the European Parliament and Member States.
The Joint Statement launched a new phase in EU-U.S. trade relations, preventing an escalation in trade tensions and setting out...
18
Jan
The European Commission has today adopted proposals for negotiating directives for its trade talks with the United States: one on conformity assessment, and one on the elimination of tariffs for industrial goods.
These negotiations follow the Joint Statement agreed by President Juncker and President Trump last July.
As part of its commitment to transparency, the European Commission is publishing the draft mandates at the same time as submitting them to the EU Member States. The Member States must now give their green light...
11
Jan
This week (January 7th-13th), EU Trade Commissioner Cecilia Malmström spoke at the Atlantic Council in Washington D.C. about the current international trade landscape.
In her speech, Malmström pointed out the importance of reforming the WTO, in order to maintain the effectiveness of the system.
“International trade without the WTO would be anarchic. Countries would be bullied, companies would fall victim to unfair practices – there would be no reliability, no stability. So we need to repair and stand up for the...
28
Dec
Geneva, 17/12/2018 - 13:27, UNIQUE ID: 181217_10 | Statements on behalf of the EU
Chair,
At the last Trade Policy Review of the United States two years ago, a month before President Trump was sworn into office, I ended the EU statement with the hope that the protectionist rhetoric would end once the President-elect had taken office. Today, unfortunately, rhetoric has turned into reality and the repercussions of tariffs and other restrictions are being felt at the heart of this organisation,...
12
Nov
This text is the outcome of a workshop with MARIEHÉLÈNE BÉRARD, investment banker, FARID FATAH, Ph.D. candidate in Law, PASCAL LAMY, President emeritus of the Jacques Delors Institute, LOUIS SCHWEITZER, Honorary Chairman of Renault, and PIERRE VIMONT, Senior Fellow at Carnegie Europe.
If one accepts Jean-Claude Juncker’s last State of the Union speech in September 2018, “the time for European sovereignty has come.” As if to prove his case, Donald Trump affirmed this before the UN General Assembly a couple...
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