If there were any faint hopes that the deep cultural and commercial ties between the UK and the US would secure a sweetheart free trade deal for the smaller UK, they are now surely dashed, writes Noah Gordon.
It is possible to effectively integrate the Paris Agreement into new trade deals, including CETA and the upcoming JEFTA with Japan. But it requires a bit more creativity than the recent political declarations, write Mathilde Dupré and Samuel Leré.
The Trump administration's actions on trade so far reflect a mixture of traditional, assertive American approaches and more troubling new ideas that could have serious consequences, writes Noah Gordon, warning that Europe has a lot to lose in a steel trade war against the US.
European Parliament President Martin Schulz hasn’t vacated his post yet but talk of the Grand Coalition falling apart is already rife in Brussels. Final approval of CETA could be a huge opportunity for the socialists to claw back some ground, writes Pieter de Pous.
Lulled by the opinion polls and its own wishful thinking, Europe expected US foreign policy continuity following a Hillary Clinton victory. Now, Europeans must awaken to the unpredictable change and volatility a Donald Trump presidency will bring, warns Giles Merritt.
With CETA signed, protest groups in Wallonia and beyond will surely cry foul at the way the region was coerced into standing down. What is surprising, however, is that they are not the only ones who feel cheated, Reinout van der Veer.
The relief that accompanied the 11th hour agreement between Wallonia and Europe on the EU-Canada trade deal shows little has been learned from the ongoing debate over the “winners and losers of globalisation", writes Steven Hill.
The EU-Canada trade agreement (CETA) will raise international standards while creating jobs, according to its supporters. Both assumptions are wrong: if CETA really was such a progressive agreement, it would have been negotiated in a transparent way and democracy would not have been undermined by preliminary application, argue a number of MEPS.
In his State of the Union speech, Jean-Claude Juncker called the Canada-EU trade agreement the most progressive trade agreement the EU has ever negotiated. It actually poses a genuine threat to the health sector, argues Emma Woodford.
Whether an EU-US trade deal is concluded this year, next year, or 2020, is irrelevant in the larger scheme of things. As the world’s centre of gravity inexorably moves towards Asia, Europe has an appointment with history, writes René van Sloten.
The EU’s preference for the “precautionary principle” over science-based decision-making is a barrier to transatlantic trade in the meat industry. TTIP and regulatory convergence would benefit both EU and US farmers, argues Barry Carpenter.
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