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In response to Russia's attack on Ukraine, the United States and 37 countries formed a coalition in February 2022 to implement a barrage of export controls outside of any formal arrangement. By contrast, US controls on China are often unilateral, such as its October 2022 measures on...
Persistent link: https://www.econbiz.de/10014286859
Given the US tariffs on steel and aluminium and further tariff threats, the transatlantic trade relationship remains tense. While EU Commission President Jean-Claude Juncker and US President Donald Trump agreed at their meeting on 26 July to start negotiations to reduce tariffs in several...
Persistent link: https://www.econbiz.de/10013196986
The World Trade Organization (WTO) is facing the biggest crisis since its inception in 1995. From 11 December, the committee that deals with WTO members' appeals, the Appellate Body, will be left with only one judge. New appointments have been blocked by the United States. This will incapacitate...
Persistent link: https://www.econbiz.de/10013197050
Although Joseph Biden has now been elected 46th president of the United States, transatlantic relations do not automatically revert to their pre-2017 status quo. Too much has changed in the international sphere, too central has great power competition become to the international order. Europe...
Persistent link: https://www.econbiz.de/10013197118