3 things the G20 can do to save the World Trade Organization

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Shuaihua ChengManaging Director, ICTSD China, International Centre for Trade and Sustainable Development (ICTSD) This week, trade and investment ministers from the G20 will gather at Mar del Plata in Argentina for the first time since the tariff […]

Trump aims trade offensive solely to China, renews truce with EU

US President Donald Trump’s thundering trade salvos now seem to be concentrating exclusively against China. This week’s cannonade though didn’t remain unanswered. On Monday, the Chinese Foreign Ministry spokesman, Geng Shuang, said “China will inevitably take countermeasures to resolutely protect our legitimate rights”. On Friday 7 September, the ‘America first’ ex TV celebrity aboard ‘Air […]

The Brexit factor in the US-China trade war and other conflicts

Last Friday, the American President Donald Trump aboard Air Force One threatened China with new tariffs on $267 billion of goods heading for the US markets, on top of the $200bn worth of Chinese exports Washington currently is ready to punish with extra levies. The US has already imposed extra tariffs on $50bn of Chinese […]

A Sting Exclusive: “China-Africa Cooperation Sets a Fine Example of South-South Cooperation”, by China’s Ambassador to EU

This article was exclusively written for The European Sting by the Ambassador Extraordinary and Plenipotentiary and Head of Mission of the People’s Republic of China to the European Union, Mr Zhang Ming. The opinions expressed in this article belong to the distinguished writer. In the west of Dar es Salaam, Tanzania’s capital city, 70 Chinese nationals have been […]

Trump rejects Europe’s offer for zero car tariffs; he had personally tabled that idea in July

The US-Mexico trade agreement, with or without Canada on board, targets Europe aggressively. For one thing, it will make life difficult for the German car companies which produce in Mexican assembly lines and sell in the US. Last Thursday, the European Sting reported the hidden sides of the US-Mexico trade deal in an article entitled, […]

The US-Mexico trade deal a threat for others, Trump to single out China, Europe

The North American Free Trade Agreement (NAFTA) between US, Mexico and Canada is reborn. It was discarded and denounced by the American President Donald Trump since the first days of his campaign to conquer the White House, and now it returns almost undamaged, just under another name. Last Monday, after more than one year of […]

US-China trade war at point of no return: Washington’s demands go beyond tariffs

It seems the US-China trade conflict, if not full scale trade war, is entering the phase of no return. Nothing will be as before in the economic and otherwise relations between the two largest economies of the world. Washington appears ready to push its cause to the end, while Beijing still pretends not to understand […]

Three ways the Fourth Industrial Revolution is shaping geopolitics

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Peter Engelke, Senior Fellow, Strategy, Foresight, and Risks Initiative, Brent Scowcroft C(…), The Atlantic Council The unprecedented technological transformation taking place today — a period of exponential change labelled the Fourth Industrial Revolution — is not isolated from […]

As a rising global power, what is India’s vision for the world?

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Samir Saran, President, Observer Research Foundation (ORF) Seventy-one years ago – on 15 August 1947 – India gained independence. Over the subsequent decades, the country has managed its evolution in an international system largely created and guided by […]

Trump fines China with $50 billion a year plus some more…

The New Yorker President of ‘America first’, Donald Trump, has figured out the cash China has to pay the US every year, in order to continue exporting her products to the largest market of the globe. It’s something like the ‘protection’ cash New York shopkeepers have to pay the gangs in order to get on […]

India’s future as a world power depends on 4 key relationships

This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum. Author: Samir Saran, President, Observer Research Foundation (ORF) In the 2040s, India is expected to surpass the United States (in PPP terms) and become the world’s second largest economy, behind China. Alongside this Indian emergence, the international order is […]

EU and Japan ratify first FTA ever to include Paris Climate Agreement provision

Shinzō Abe, on the right, and Jean-Claude Juncker at EU-Japan Summit in Tokyo last week. (Copyright: European Union, 2018 / Photo: Etienne Ansotte)

In the week that US President Donald Trump called the European Union a “foe”, and reaffirmed his will to hit China with more duties on imports, Brussels signed a wide-ranging free trade deal with Japan. At the 25th EU-Japan summit in Tokyo last week, the leaders of the two areas indeed finally sealed two landmark […]

EU and China to do more in common if the global scene gets worse

At a time of global trade, and not only, disorder, caused mainly by the US President of ‘America first’ Donald Trump, on 16 July in Beijing Europe and China held their 20th Summit. Both are targets of American trade aggression, but it seems the European Union is not yet ready to decisively join forces with […]

CETA at risk again: Italy says it won’t ratify EU-Canada trade deal over product protection fears

Parmesan cheese on shelves in Italy (Copyright: European Union, 2014 / Source: EC - Audiovisual Service / Photo: Daniela Giusti)

The Comprehensive Economic and Trade Agreement, simply known as CETA, may be under threat again. The shocking news came out last Friday, when Italian Deputy Prime Minister Luigi Di Maio said Italy will not ratify the European Union’s free trade agreement with Canada, which mostly took effect last year. The EU-Canada FTA, which is EU’s […]

Does May have enough time in Parliament to table a soft Brexit deal?

The American President, last Wednesday and Thursday, after having infuriated his European allies at the NATO Summit, flew to London. Just after landing there he told the Brits that the US will not offer Britain a trade deal after Brexit, because May’s proposal for the divorce with the EU is not to his liking. In […]

Trump doesn’t only target Germany, aims to crack the entire EU

The EU-US trade war is now deeply dividing Europe between those who export cars to America and those who don’t. Germany and France have for quite some time been at odds, regarding the handling of the latest Donald Trump threat to impose import super-tariffs on cars assembled in Europe. Now, however, their differences are becoming […]

EU and China seize momentum to enhance trade agreements in response to Trump’s administration

The EU-China summit will take place on July 16-17 in Beijing where both parties are going to discuss how to improve their trade and investment relations the moment when Donald Trump’s administration is imposing tariffs all around the world shaking the world and trade order. Chinese and EU leaders have already met in Bulgaria and […]

10 Downing street: Another desperate attempt to unite Britain on Brexit

Once more, the British Prime Minister, Theresa May, is trying to pool together her deeply divided cabinet and country and formulate a common proposal for a Brexit deal with the EU. In the latest development, the ‘Leave’ campaign ministers and the Bremain group are reported by 10 Downing Street to have agreed on a ‘business […]

Trump’s MAGA policy remains unchanged as EU warns to impose additional retaliation tariffs on US products

EU threatened the US last Friday with tariff measures on 294 billion dollars of US exports in case Donald Trump’s administration imposes import tariffs on cars and car parts. The US president seems to be doing whatever possible to cause trade wars all over the world. The Old Continent will continue attempting to persuade Mr […]

Trump goes ahead with plan to undo globalization; targets China and EU

Harley-Davidson motor cycles is the first American iconic company to suffer in more than one way from Trump’s action aimed at reversing the world economic order. It’s a matter of fact by now that the ‘America first’ President seems decided to overturn globalization. In doing so, apart from causing global disorder, he will embarrass a […]

The US calls off globalization, targets Germany. Paris offer to Berlin comes at a cost

Last Friday, the ‘America first’ President Donald Trump repeated his threats to impose a super tariff on imports of European cars, obviously having in mind the German automotive industry. His latest menace came only hours after the European Union moderately retaliated to the US aggressive trade action, by levying additional import duties on American goods […]

Trump-China trade war lingers upsetting global economy and stock markets

The trade war between US and China has escalated in the last few days when Trump decided to announce tariffs on Chinese goods worthy of 50 billion dollars. The latter was not left unanswered by Beijing that fought back with similar announcements. However, the trade threats continued with the US warning to impose additional tariffs […]

G7 summit: Trump Vs. G6 leaders on trade and climate change

US President Donald Trump continued yesterday his fierceful critic to Canadian Prime Minister Justin Trudeau in the aftermath of last weekend’s G7 summit which took place in La Malbaie, Quebec, Canada with the seven largest advanced economies in the world to discuss about gender equality, women’s empowerment, clean energy, and economic growth that works for […]

To Brexit, or not to Brexit…rather not: 10 Downing Street, London

Almost exactly two years have elapsed after the Brits voted to leave the European Union. Tomorrow, Tuesday 12 June, the elected lower House of the Parliament, the Commons, is expected to open the way for Britain to remain in EU’s customs union and the single market for an extended period of time. Most probably, Prime […]

US-EU trade war: Berlin fearful of the second round

Finally, Trump did it. He declared war against his country’s closest and more loyal allies Canada, the European Union and Mexico. In the case of the EU though, things may be more complicated than the super tariffs on steel and aluminum products of 25% and 10% respectively, imposed as from 1 June by the US […]

“We always honor our words, and in that respect we expect our partners to honor their words as well”, China’s State Councillor and Foreign Minister Wang Yi highlights live from Brussels

Earlier this morning the High Representative/Vice-President Ms Federica Mogherini met with Mr Wang Yi, State Councillor and Minister of Foreign Affairs of the People’s Republic of China during the annual and much anticipated EU-China Strategic Dialogue. Last year, this high level dialogue meeting took place in Beijing and this year it was naturally Brussels’ turn. […]

There’s a new global technology race. It needs better trade rules

  This article is brought to you thanks to the strategic cooperation of The European Sting with the World Economic Forum.  Author: Anabel González, Senior Director, Trade and Competitiveness Global Practice, The World Bank Competition to lead the Fourth Industrial Revolution is fierce. Governments and firms across the globe are engaging in legitimate – and illegitimate – acts to […]

“The Belt and Road Initiative should be mutually beneficial for EU and China and every participating country”, Vice-President Papadimoulis of the European Parliament underscores from European Business Summit 2018

Following Ambassador Zhang’s opening speech at the European Business Summit’s roundtable “Visions and Actions: China-EU Dialogue on the Belt and Road Initiative”, The Vice-President of the European Parliament, Mr Dimitrios Papadimoulis, took the floor to express the European Parliament’s genuine view of the BRI. The European Sting was at the Egmont Palace, where the European […]

America writes-off Iran, blocks Europe’s Tehran talks

While the European Union and more so Germany have being relentlessly working to save the nuclear non-proliferation deal with Iran, last Monday the new US Secretary of State, Mike Pompeo, shattered any opening for negotiations with Tehran. Until Pompeo dropped his bombshell, the EU was discussing a new pact with Iran, on the basis of […]

Is Germany closer to Russia than the West? Nord Stream II and Iran count more

Last Friday, Angela Merkel, the German Chancellor, rushed to Sochi, the Black Sea seaside Russian resort to meet Vladimir Putin. It was the first visit by a Western leader to meet him at home, after his fourth inauguration on 7 May as President of the vast country, this time for six more years. Looking through […]