EU-US trade war: Will Trump take advantage of WTO’s decision leading to ominous economic growth?

The World Trade Organisation (WTO) is going to back up the US to impose tariffs on EU products over the Airbus case where the aerospace firm received illegal subsidies by EU governments. Thus, the US President Donald Trump will have the upper hand and either impose billions of tariffs or bargain a better trade deal […]

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 […]

Japan initiates WTO dispute complaint against Korean duties on steel

This article is brought to you in association with the WTO. Japan has requested WTO dispute consultations with Korea regarding Korean anti-dumping duties levied on stainless steel bars from Japan. The request was circulated to WTO members on 21 June. Japan claims a thirds sunset review by Korean authorities which led to a decision to maintain […]

EU adopts retaliative measures in response to US steel and aluminum tariffs

This story is brought to you in association with the European Commission This is a European Commission release Brussels, 20 June 2018 The European Commission adopted today the regulation putting in place the EU’s rebalancing measures in response to the US tariffs on steel and aluminium. The measures will immediately target a list of products […]

Trump’s trade war splits the EU; Germany upset with Juncker’s “we can be stupid too”

The US-EU trade war starts on 23 March, with the first shot fired by Washington at 12:01 a.m. (04.01 GMT). From what we know so far, from that minute onward the American customs authorities will impose extra tariffs on steel and aluminum imports, set by President Trump at 25% and 10% respectively. However, it seems […]

Brexit: The Conservative Party drives the UK and Europe to a perilous road

The Tories, the governing party of Britain is falling apart, being deeply divided about the kind of Brexit their country should pursue. It’s not the disastrous political circumstances of Prime Minister Theresa May that blocks the negotiations with the European Union, but the chaos dividing the hard Brexiteers from their colleagues preferring a smooth partition […]

The EU risks trade relations with China over the Tata hype about steel

  It is indisputable that we are running a very important period regarding the trade relations between China and the EU. On the one hand, it is only today that the Commission’s online public consultation on future measures to prevent dumped imports from China is closing; a consultation which had earlier opened on 10 February. The EU is conducting […]

On Brexit: the outcome of UK elections next May to be based on false promises?

The British elections that will take place on 7 May will show whether UK’s relationship with the European Union is about to change dramatically or not. Britain has always been seeking to have a different and more privileged approach in comparison to the rest of the EU member states and now is even proposing to hold a referendum with […]

Does the EU want GMOs and meat with hormones from the US?

The prospective drafting of a bilateral Free Trade Agreement (FTA) between the European Union and the United States is developing into a major issue and as things evolved last week, it seems that this may lead the EU into a new division, between France on the one side and the free trade lovers Britain and […]

Where is heading Putin’s Russia?

Russia is the third trading partner of the EU and the EU is the first trading partner of Russia. This simple fact tells the whole story, about the relations between the two largest economic volumes of the Old Continent. Not much of Europe is left outside the two heavyweights. Energy, food, machinery and equipment, raw […]

EU to negotiate an FTA with Japan

On 29 November 2012 the European Council decided to give the Commission ‘the green light’, to start trade negotiations with Japan, aiming at the conclusion of a Free Trade Agreement between the two sides. As Sting has already noticed the EU has embarked over the past few years on a huge operation, to conclude FTAs with […]

Free trade agreement between EU and India?

  After the World Trade Organisation talks over the Doha Round collapsed and the achievement of a major reform of the international trading system became a distant dream, the European Union introduced a package of talks to negotiate Free Trade Agreements (FTA) with its major trading partners in the developing world. A cornerstone in this […]