The export of US goods to the EU totalled $337 billion in 2019, an increase of 6% on the previous year, according to the Transatlantic Economy 2020 report, published on Thursday (26 March). At the same time, that figure was three times higher than the ...
European Commission President Ursula von der Leyen said on Thursday (5 March) "there might be momentum” for improving the EU's relationship with the US, but it remained unclear when she will present a trade offer to US President Donald Trump to avoid further tariffs.
The EU will assess whether a US-China deal to roll back some bilateral tariffs in exchange for increased US imports to China is compatible with World Trade Organisation rules, said Trade commissioner Phil Hogan on Thursday (16 January).
US sanctions designed to undermine Russian natural gas exports to Europe specifically target European-based companies at the risk of further weakening an already fragile US-European relationship, write Martin Jirušek and Robert Dillon.
The European Commission wants to settle the latest trade dispute with the US over the French digital tax “amicably”, but warned that the bloc will “react as one” if Washington slaps tariffs on Paris.
Europe is prepared to step up its response to unfair trade practices and push for a renewed WTO, aiming to display a more assertive stance towards its partners in the future.
EU Trade Commissioner Cecilia Malmström is no longer optimistic when it comes to avoiding US tariffs on goods, thanks to the result of the WTO 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.
EU member states discussed on Tuesday (1 October) how to address the “critical situation” of the World Trade Organisation, as the US continues to block the renovation of its appellate body, key for the functioning of the institution.
Phil Hogan obtained late on Monday (30 September) the MEPs’ preliminary approval to become the EU's next Trade Commissioner, promising a tougher stance towards China to ensure the protection of European values, and environmental principles in particular.