The hasty retreat of the US into protectionism, the trade implications of Brexit and the hurried passage of CETA through the European Parliament herald a new era in international trade policy.
The new administration has introduced Washington to a new mantra on trade. Complicated multilateral trade deals, such as the Trans-Pacific Partnership or NAFTA, are a thing of the past. “No longer will we enter into these massive deals, with many countries, that are thousands of pages long — and which no one from our country even reads or understands,” President Trump promised on the campaign trail.
Under President Donald Trump, Europeans must prepare for some turbulent times in trans-Atlantic relations. The president has made clear his concerns about the European Union — he is a vocal supporter of Brexit and believes that others will leave, especially in the wake of the 2015 refugee crisis. In his New York Times interview, he even charged the E.U. with using environmental regulations to impede one of his developments in Ireland.
As EU politicians prepare to vote on the Comprehensive Economic and Trade Agreement (CETA) with Canada this week, the Commission has launched an interactive guide to show Europeans how it would boost trade and jobs without compromising food safety and quality.
Europe is likely to increase business with Canada after the EU parliament gave the green light to the controversial free trade deal CETA. Canadian Prime Minister Justin Trudeau is expected to address the parliament in Strasbourg on Thursday, after seven years of tough talks. RFI takes a look at what happens next.
After decades, the transatlantic partnership between the U.S. and Germany finally shows signs of weakening. That could open the door for Russia to become an important German partner.
Strasbourg — The European Parliament approved a landmark free-trade agreement with Canada, shoring up Europe’s market-opening clout in the face of a populist surge across the continent and US President Donald Trump’s protectionist tilt.
While President Donald Trump has trained most of his protectionist fire at China and Mexico, the European Union is America’s biggest trading partner. U.S. lawmakers are considering a border tax on corporations, which could complicate the world’s biggest bilateral trading relationship.
Influenced by events like Brexit and protectionist moves by US President Donald Trump, the EU’s trade in food is going through a period of change. EURACTIV’s partner EFE AGRO reports.
A deal to further harmonize and mutually recognize good manufacturing practice (GMP) inspections between the US and EU has run into a speed bump, as the EU ambassador to the US said Wednesday that the Transatlantic Trade and Investment Partnership (TTIP) is in a state of pause as there is no one within President Donald Trump’s administration with whom to continue discussions.
EU Ambassador to the United States David O'Sullivan stated that while the European Union is ready to continue discussions on the matter of the Transatlantic Trade and Investment Partnership (TTIP) if the Trump administration is interested, at the moment there is no one to talk with.
More than 100 French left-wing politicians have signed a motion demanding the controversial EU-Canada trade deal - CETA - be referred to the country's Constitutional Court over what they say is an issue of sovereignty.
The EU is right to pursue a free trade agreement with Japan which should form part of a wider "pivot to Asia" policy that would open up more markets in Southeast Asia, Patrick Messerlin, Professor Emeritus of Economics at Sciences Po Paris and Chairman of European Centre for International Political Economy's Steering Committee, told Radio Sputnik.
With Donald Trump in office for about a month now, German companies try to look at the bright side. An interview with Daniel Andrich, Representative of German Industry and Trade in Washington.
The United States' new hostility to free trade deals under President Donald Trump is benefiting the European Union, the bloc's top trade official said.
Wallonia - the province of Belgium that held up the controversial CETA EU trade deal with Canada - has warned it may still not ratify the treaty - putting the whole deal in doubt, alongside the TTIP deal with the US that has hit the buffers since US President Donald Trump came to power.
Denmark seems to be hell-bent on hammering out the EU's free trade agreement with Canada (CETA) as soon as possible. In doing so, the Danish government is looking forward to killing two birds with one stone: assuring Brussels of its participation and sidestepping civic involvement.
Recent declarations from the White House risk souring the long-standing economic friendship between Europe and the United States, writes Ilaria Maselli.
For now, it seems, the corporate land grabs dressed up as ‘free trade deals’ are on the back foot. But, says ADRIAN WEIR, this is no time to relax. The corporations are regrouping
Unsafe products could reach our supermarkets if Britain has to rely on the US Environmental Protection Agency rather than the EU’s ‘precautionary principle’
Trade deals with murderers, chlorine chicken in our supermarkets, flogging off the health service... the UK outside the EU is looking to be a grim place indeed, says Youssef El-Gingihy
Our recent presidential election brought about a rare accord between the progressive and the populist fronts in rejecting the Transatlantic Trade and Investment Partnership. I have no problem with the rejection of a trade agreement that focuses primarily on the interests of transnational corporations, international financial centers, agribusiness and giant chemical companies and raises many questions about how it may serve the interests of the overwhelming majority of people in our country.
US President Donald Trump has often become a target of ire for his controversial policy statements. But South Asia, including Nepal, may find a reason to cheer if he sticks to his campaign promise of withdrawing the US from two major free-trade pacts--referred to as TPP and TTIP--and imposing high tariff on goods imported from China and Mexico.
The United States is ready to negotiate a new trade deal with the UK. It also continues to have plans for the European Union, said Representative Paul Ryan, the Republican Speaker of the US House of Representatives.
Donald Trump’s top trade official has opened the door to reviving negotiations with the EU but warned the bloc it would be in competition with China and Japan to show willingness to do the first deal with the new US administration.
The European Union and the United States agreed on Thursday (25 May) to set up a joint delegation to increase trade cooperation, after the EU-US free trade deal negotiations were put on ice with the election of Donald Trump.
US Secretary of Commerce states that he is open to resuming talks on TTIP. As the EU is an important trading partner, the negotiations should be continued with the Union and not with single states - as a reaction to the tweets of Trump attacking Germany.
US Trade Representative Robert Lighthizer will travel to France for high-level meetings next week to press American economic goals including reducing the trade deficit, his office announced Thursday.
Uncertainty grows about trade deal with the EU that some in the US felt would be more important to its interests than a post-Brexit deal with Theresa May
The ECJ found that Parties could indeed (partially) suspend or even terminate the agreement for breaches of such provisions. Practicalities aside, this finding is certainly a positive step from a social and environmental point of view.
What lessons have been drawn by the EU from the CETA and TTIP trade negotiations? Johan Adriaensen argues that the trade package contained in Jean-Claude Juncker’s State of the Union speech presented a coherent vision for how EU trade negotiations could move forward, with avenues for discontent at future agreements to be channelled through representative institutions. However, implementing these ideas will be far from straightforward, and it is unclear whether the EU will be able to prevent the kind of opposition to future trade agreements that it experienced in both the CETA and TTIP cases.
EU and Japan finalise world’s biggest bilateral trade deal -EU lockert Vorschriften für Lebensmittelimporte aus Fukushima für Freihandelsabkommen mit Japan
It has become clear, if it wasn’t before, that there is a fundamental choice between pursuing progressive policies and a hard Brexit. Rather than enabling Corbyn’s Britain – the regulations, state aid and nationalisation desired by many on the Left – a hard Brexit could derail these visions. Leaving the EU isn’t just going to consume government and parliament now, it is likely to dominate the next decade, politically and financially constraining any government in the future.
The European Union will no longer make trade deals with the United States if President Trump follows through on withdrawing from the Paris climate agreement, according to a French official whose comments were endorsed by the European Commission. The United States would be excluded.
The EU recently proposed a single trade agreement with the United States, so there is no reason it cannot have one with the UK post-Brexit, according to the chief executive of the UK’s Financial Conduct Authority (FCA)
The French minister for foreign affairs has stated that if the US administration follows through with the country’s withdrawal from the Paris Agreement the negotiations about the Transatlantic Trade and Investment Partnership (TTip) will not be successful.
The City’s top financial watchdog has said there is no reason why financial services should be excluded from a post-Brexit free trade agreement between the UK and the EU.