EU and US on verge of new trade war
A WTO decision against an American scheme offering tax breaks to US multinationals may turn into one of the biggest trade disputes ever between the EU and the US. Speculations predict trade sanctions...
View ArticleUS appeals WTO ruling on tax breaks
The US has lodged an appeal with the World Trade Organisation over its ruling in a long-running dispute with the EU over foreign sales corporations. The WTO ruled in August that the tax break scheme...
View ArticleUS loses appeal against WTO ruling on tax breaks
The US has lost an appeal over the WTO rulings in a long-running dispute with the EU concerning the foreign sales corporations tax regime. The EU could now in principle impose retaliatory sanctions of...
View ArticleBusiness worried about Commission’s FSC sanctions list
On 13 September, the Commission presented the list of possible trade sanctions against the US in the longstanding dispute on the American FSC tax breaks system.
View ArticleEU exerts political pressure on U.S. over foreign sales tax exemptions
The Commission circulated among Member States a draft final list of U.S. products subject to sanctions under the Foreign Sales Corporations WTO case, on 26 February. The communication comes only days...
View ArticleEU, China find agreement in textiles trade row
The People's Republic of China will limit the increase in the size of its exports to the EU of ten different textile products to a maximum of 8 to 12.5% per year, according to an agreement reached on...
View ArticleMandelson under fire over Chinese garments stockpiling at EU borders
With pullovers, trousers, blouses, T-shirts, bras and yarns made in China and worth hundreds of millions of euro blocked in warehouses, the Commission is under growing pressure to come up with a...
View ArticleRetailers mark victory in EU-China ‘bra wars’
Trade Commissioner Peter Mandelson is likely to come under attack from textiles manufacturers and to be praised by store owners and consumer advocates over an initiative to free blocked Chinese...
View ArticleMandelson to impose duty on shoes
The EU Commission is expected to impose anti-dumping tariffs of up to 20% on shoes with leather uppers imported from China and Vietnam.
View ArticleCommission weighing up options on CO2 border tax
The is still a lot of technical work to be done before the Commission makes a proposal on a possible "adjustment mechanism" to compensate EU industries which find themselves at a competitive...
View ArticleBarroso embraces new UK commissioner
European Commission President José Manuel Barroso welcomed the arrival of Baroness Ashton, who was nominated on Friday (3 October) to replace Peter Mandelson at the trade portfolio.
View ArticleEurope must stand up to China over solar panels
If Europe does not face down Beijing over its export of below-cost solar panels, all our green technology and manufacturing will be lost, and the costs for greenhouse gas mitigation will go up, argues...
View ArticleVanheukelen: ‘Plenty of concerns’ about Chinese solar retaliation
The head of EU Trade Commissioner Karel De Gucht’s cabinet has told EURACTIV that the bloc has many worries about a clean-tech trade war with China over unfair subsidisation of solar panels, but that...
View ArticleMore than 1,000 firms demand end to EU-China solar trade war
The extent of the split within the European solar industry over proposals for Brussels to impose tariffs on imported solar panels from China was laid bare yesterday, when it emerged that over 1,000...
View ArticleChina calls 47% duty on solar panels ‘a mistake’, calls for dialogue
The European Commission agreed to impose punitive import duties on solar panels from China in a move to guard against what it sees as dumping of cheap goods in Europe, prompting a cautious response...
View ArticleEU and China reach ‘amicable solution’ over solar panels row [Promoted content]
Brussels and Beijing have finally agreed to a minimum price for solar panel imports. After the European Commission accused China of selling its solar panels in Europe at below cost, the EU executive...
View ArticleTop MEP: Ukrainians should feel the EU’s solidarity
If the authorities in Kyiv release Yulia Tymosenko and the country’s parliament continues to deliver on reform, Brussels should be ready not only to sing through the EU-Ukraine association agreement,...
View ArticleRussia takes aim at Lithuania’s dairy imports ahead of Vilnius summit
Russia suspended imports of dairy products from neighbouring Lithuania today (7 October), turning up trade pressure on the small Baltic country ahead next months's summit in Vilnius, where the bloc is...
View ArticleG20 wraps up avoiding a trade war… for now
The most powerful nations agreed today (8 July) on keeping markets open, but German chancellor Angela Merkel urged the leaders to progress on steel overproduction to avoid a trade war.
View ArticleEight European projects to be hit by US sanctions on energy sector
Eight projects involving European companies could be affected by US sanctions if Congress passes a bill on Tuesday (25 July) to hit firms working with Russia in the energy sector.
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