Trade & TTIP Related

EU-U.S. Trade: Commission welcomes Council’s green light to start negotiations with the United States

Friday, April 19th, 2019

The European Commission welcomes today’s decision by the Council to adopt the negotiating directives for trade talks with the United States, thus continuing to deliver on the implementation of the Joint Statement agreed by Presidents Juncker and Trump in July 2018. European Union Member States gave the Commission the green light to start formal negotiations […]

EU-U.S. Joint Statement: the United States is Europe’s main soya beans supplier with imports up by 121%

Thursday, April 18th, 2019

New figures released by the European Commission today, show that imports of U.S. soya beans by the European Union increased by 121% over the current market year (July 2018 to mid-April 2019), compared to the same period in the previous year. With a share of 72% of EU soya beans imports, the U.S. is today […]

WTO Dispute Settlement Panel’s Decision to Rule on National Security Exception May Have a Major Impact on Trump Administration’s Section 232 Tariffs

Thursday, April 11th, 2019

By Thompson Hine International Trade on April 11, 2019 A World Trade Organization (WTO) dispute settlement panel ruling, Russia – Measures Concerning Traffic in Transit, issued last week on a member’s use of the WTO’s so-called “national security exception” under Article XXI of the General Agreement on Tariffs and Trade (GATT) may have a significant impact on the Trump administration’s […]

Section 301 Tariffs on certain EU merchandise

Wednesday, April 10th, 2019

The USTR issued a press release late yesterday regarding the potential imposition of additional tariffs on certain products from the European Union. The additional tariffs would be imposed pursuant to Section 301 of the Trade Act of 1974 and would affect approximately $11 Billion in goods.  The USTR states that the tariffs are being contemplated […]

U.S. Readies $11 Billion in Tariffs on E.U.

Wednesday, April 10th, 2019

By Ana Swanson | April 9, 2019 The United States and the European Union are preparing to impose tit-for-tat tariffs on each other’s products, the latest escalation in a 14-year fight over government aid given to Boeing and European rival Airbus. “The World Trade Organization finds that the European Union subsidies to Airbus has adversely […]

U.S. Trade Representative Releases 2019 Trade Policy Agenda and 2018 Annual Report

Thursday, March 14th, 2019

By TH International Trade The Office of the U.S. Trade Representative (USTR) has released President Donald Trump’s 2019 Trade Policy Agenda and 2018 Annual Report, detailing how the Trump administration’s trade policies “are benefitting American workers and contributing to the strongest economy in decades.” Claiming that the Trump administration “inherited a significantly flawed trading system,” the report […]

U.S. Trade Commission Extends Public Comment Period for Trade Agreement with U.K.

Monday, March 4th, 2019

By Ronald A Oleynik | Jonathan M Epstein | Antonia I Tzinova | Daniel L Burkard | Hwajeong Kim HIGHLIGHTS: The U.S. Trade Representative (USTR), pursuant to Section 131 of the Trade Act of 1974, has requested the U.S. International Trade Commission (Commission) to obtain public comment pertaining to the possibility of a duty-free trade agreement with […]

Economic analysis confirms significant gains from EU-US industrial tariff agreement

Friday, February 22nd, 2019

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 […]

Switzerland and the UK sign trade agreement

Friday, February 15th, 2019

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 […]

President Trump Comments on Trade in State of the Union Address

Thursday, February 7th, 2019

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 […]