The June 14th to 20th, 2021 roundup of major trade developments, with L.C. The US-EU Summit held in Brussels on June 15th had a welcome trade truce as its outcome. But the strategic commentariat in the US was less complimentary regarding the whirlwind of conferences (G7, US-EU, NATO, Putin) that President Biden attended. Walter Russell […]
EU seeks WTO Airbus-Boeing settlement
If the US and EU can settle their 16-year-old Airbus-Boeing quarrel, they’re in agreement on a number of other issues, such as renewing a WTO moratorium on digital duties and protecting fisheries. The weekly trade report with L.C. The EU is trying an end the 16-year-old US-EU dispute over aircraft subsidies and remove the WTO-authorized […]
US imposes new tariffs on EU over Airbus subsidies
The weekly report of our trade correspondent, L.C. On October 18th, the US imposed tariffs of 10% and 25% on imports from the European Union. This ratcheting up of global trade war had been expected, given that no serious talks for a negotiated solution to the US-EU aircraft subsidies dispute occurred. The dispute has been […]