About: trade war
Biden, if elected, would consult allies on future of US tariffs on China
Democrat Joe Biden would immediately consult with America’s main allies before deciding on the future of US tariffs on China, seeking “collective leverage” to strengthen his hand against Beijing if he is elected president, Biden top advisers said.
EU trade chief Hogan returns to Washington as auto tariffs loom
European Trade Commissioner Phil Hogan returned to Washington on Thursday (6 Febrero) for talks with US counterpart Robert Lighthizer designed to improve transatlantic ties as the threat of auto tariffs looms.
US wine industry fears ‘Armageddon of costs’ from tariffs on French imports
US consumers, companies and workers will pay the biggest price for proposed 100% tariffs on French Champagne and other sparkling wines, cheese, porcelain, enamel cookware and handbags, witnesses told the US government on Tuesday (7 January).
Eurozone 2020: The race against the clouds
After seven years of growth, the eurozone's outlook is deteriorating. There is a risk of a recession if the trade war with Washington worsens, while member states continue to disagree over the completion of the economic and monetary union that would help them cope with a downturn.
WTO clears US to target $7.5 billion of EU exports with tariffs
The World Trade Organisation formally authorised the US on Monday (14 October) to impose tariffs on up to $7.5 billion worth of EU exports after an arbitrator's decision over subsidies to planemaker Airbus.
Rioja president: ‘We will stand behind our wine producers’ in EU-US tariff war
Concha Andreu, the president of La Rioja region, made her first visit to Brussels last week, just after the US announced fresh tariffs on European exports, including wine produced in her region. She told EURACTIV.com she is confident Europe will support the region, whose economy is heavily dependent on the wine sector.
WTO allows US to hit EU exports with record tariffs over Airbus case
The World Trade Organisation authorised the United States on Wednesday (2 October) to impose tariffs on EU goods worth up to $7.5 billion (€6.8 billion), as a response to illegal subsidies given by European governments to aerospace giant Airbus.
Europe launches last-ditch effort to avoid US tariffs
The European Commission has dangled the prospect of limiting its public subsidies to the US administration in an attempt to avoid further tariffs from Washington that could come as early as next month in the context of the Airbus-Boeing dispute.
Macron wraps ‘very unifying’ G7 summit with Trump
French President Emmanuel Macron steered a tense G7 summit towards a happy conclusion on Monday (26 August), in what will be remembered as one of the most conciliatory gatherings since Donald Trump took over the US presidency.
EU to retaliate if Trump slaps tariffs on French wine
The EU will react with new tariffs against US products if Donald Trump decides to impose duties on French wine, European Council President Donald Tusk said hours before the opening of what is likely to be a heated G7 summit on Saturday (24 August).
G7 leaders to rethink capitalism as risk of recession looms
The leaders of the G7 nations will not sign a final comuniqué when they gather in Biarritz (France) this weekend, and will instead discuss how to rethink capitalism and multilateralism amid the persistent inequalities and the risk of a new recession.
One year after the US-EU joint statement, how are transatlantic trade relations doing?
In July 2018, European Commission president Jean-Claude Juncker travelled to the US to meet Donald Trump in a bid to ease trade tensions. A year on from the EU-US joint statement, commercial negotiations are at a stalemate.
US-EU trade negotiations in stalemate, Malmström says
Almost a year after the joint US-EU statement, “there is a stalemate” in trade negotiations, Commissioner Cecilia Malmström conceded on Tuesday (23 July) speaking before the European Parliament. The talks on a trade agreement concerning the elimination of tariffs on...
US escalates EU aircraft subsidy row with proposed new tariffs worth $4bn
The United States on Monday proposed $4 billion in tariffs on a range of European Union products – including parmesan cheese and Scotch and Irish whiskey – over subsidies for commercial aircraft. The list also includes sausages, hams, pasta, olives...
ECB ponders further monetary stimulus to counter trade, Brexit risks
The European Central Bank decided on Thursday (6 June) to keep the low interest rates unchanged at least until mid-2020, and confirmed that it is considering further monetary stimulus, including further rate cuts and restarting the asset purchasing programme, to counter the trade tensions and Brexit uncertainty.
EU braces for impact in final chapter of Airbus-Boeing dispute
Despite the European efforts to find a negotiated solution, Washington is expected to introduce fresh tariffs against European products in the context of the long-standing Airbus-Boeing dispute, an EU official told EURACTIV.com
Airbus now wants to remain in UK regardless of Brexit outcome
European planemaker Airbus wants to stay in the UK whatever the outcome of Brexit, as the country is "a very important pillar" for the company, new CEO Guillaume Faury said on Tuesday (21 May), amending negative comments made by his predecessor.
Huawei: US founding fathers would be ‘alarmed’ with Trump administration
The US founding fathers would be ‘alarmed’ by the recent actions of the Trump administration to restrict access to the American market for Chinese businesses, Huawei’s EU chief, Abraham Liu, said on Tuesday (21 April).
Trump presses Japan to reject EU demands on WTO reform
Japan refuses to include a reference to a proposed reform of the WTO’s appellate body in the draft conclusions of an upcoming bilateral summit with the EU for fear of upsetting the US, EURACTIV.com has learned.
Ambassadors pave the way for EU-US trade talks, despite French opposition
Europe is set to start trade talks with the US after ambassadors gave their green light on Thursday (11 April) to a proposed mandate for the European Commission to conduct the negotiations on behalf of the 28 EU member countries.
EU plans for own retaliation in aircraft dispute with US
The EU has begun preparations to retaliate over Boeing subsidies, an EU official said on Tuesday (9 April), a day after Washington listed EU products it plans to hit with tariffs in their aircraft dispute.
US-China talks blocking concessions to EU, Brussels complains
The ongoing US-China trade negotiations are affecting the concessions Europe is seeking from Beijing to save the bilateral summit next Tuesday, as the Chinese authorities are prioritizing now an agreement with Washington, European sources told Euractiv.com.
France maintains blockade to opening EU-US trade negotiations
Member states failed to convince France on Wednesday (3 April) to support the negotiating mandates for the trade negotiations with the US, but hoped to find a compromise to accommodate Paris’ concerns before Easter break.