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Trade News
Trade News
27
Feb
When Christopher Columbus sailed the ocean blue in 1492, Western Europe accounted for about 20% of gross world product. Five centuries later, it is still around 20-25% of world GDP, but its North American daughter has surged to another 25%. The “West”, as we loosely call it, has thus 10% of the world’s population and almost 50% of its economic wealth, quite an achievement from the abject poverty of serfdom Europe and tribal North America. The common ties between...
22
Feb
The European Commission today publishes its annual analysis of the economic and social situation in the Member States, including an assessment of remaining imbalances.
It also publishes a report on the implementation of the Fiscal Compact, a report analysing the debt situation in Italy and a report, together with a proposal to the Council for a fine, on a case of misrepresentation of statistics in Austria.
Member States are making headway in implementing the individual policy guidance they received last year...
09
Feb
By Jeremiah Baronberg Previously published on bluestarstrategies.com see here
During the recent U.S. presidential campaign, Donald Trump made reshaping America’s involvement in international economic affairs a centerpiece of his platform. As a candidate, he specifically called out international trade—from abandoned factories to lost jobs and competitive wages—as a locus for many of the economic and societal challenges facing the country. Since being elected president, Mr. Trump has gone so far as to threaten to "tear up" or renegotiate existing U.S. free...
08
Feb
In a recent interview with Fox Business, David O'Sullivan, EU Ambassador to the United States, talks trade policies, Brexit, NATO, and the refugee crisis in Europe. Watch the interview.
Compliments of Fox Business
07
Feb
By Karen Tramontano, opinion contributor, previously published at thehill.com see here
During the presidential campaign and in the months after the election, Donald Trump Team Trump should get in the union-busting business Green Party blasts Dems on DeVos confirmation Why the Iranian people support a tougher policy toward Tehran MORE made clear his intention to reshape America’s approach to international economic affairs. This included renegotiating or withdrawing the United States from the North American Free Trade Agreement (NAFTA), the 1994 pact signed...
03
Feb
The European Union will have to establish new trading partnerships if its traditional economic and political ally the United States heads down a path of protectionism, Eurogroup President Jeroen Dijsselbloem said on Tuesday.
"We don't yet know if that is going to happen," Dijsselbloem told the RTL broadcaster. "Europe must not sit back and blindly wait for what happens in the United States, but move ahead itself, also in the area of trade."
Dijsselbloem's comments came amid a backlash in the...
19
Jan
The EU and the United States have made considerable progress in negotiating a Transatlantic Trade and Investment Partnership (T-TIP) agreement since the negotiations were launched in July 2013. During that period, the economic and strategic rationale for an agreement between the world’s two largest advanced industrial economies has only grown stronger. T-TIP would increase the exports and investment flows that fuel our economies and support high-quality jobs on both sides of the Atlantic.
It would also enable the EU and...
17
Jan
Trade Commissioner Cecilia Malmström and United States Trade Representative Michael Froman have today published a joint assessment of the progress made in the negotiations for a Transatlantic Trade and Investment Partnership (TTIP) since negotiations started in July 2013.
Commissioner Malmström said: "As discussed with Member States at the last Trade Council in November, this assessment aims to outline and summarize where things stand in the EU-US trade talks, building on our established policy of increased transparency in these negotiations. The...
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