The provisional application of the Agreement on International Trade (AIT) will create new opportunities, boosting exports of industrial goods, services and agri-food products to Argentina, Brazil, Paraguay and Uruguay. It will eliminate or drastically reduce tariffs on key exports such as cars and pharmaceuticals, and provides for an initial tariff reduction for most agri-food products, […]
MEPs support the reduction of tariffs on US agricultural and industrial products.
On Thursday, the Committee on International Trade adopted its position on two proposals implementing certain tariff aspects of the Turnberry trade agreement between the EU and the US. MEPs on the Committee on International Trade adopted their position ontwo legislative proposalsthat remove most tariffs on industrial and agricultural products from the United States, with 29 […]
CJEU Judgment: The order button or a similar function must clearly indicate that the consumer is subject to a payment obligation by clicking on it
This applies even where the obligation to pay is also dependent on the satisfaction of a subsequent condition. In Germany, the tenant of an apartment – the monthly rent of which was higher than the maximum ceiling permitted under national law – asked a debt recovery undertaking to request his landlords to repay rent overpayments. […]
EU reaffirms trade support for Ukraine and Moldova
The Commission has proposed to renew the suspension of import duties and quotas on Ukrainian exports to the EU for another year, while reinforcing protection for sensitive EU agricultural products. This is done in line with EU commitments to support Ukraine for as long as it takes. These Autonomous Trade Measures (ATMs) have been in place […]
EU agriculture and fisheries ministers discuss trade, forests and the future of agriculture
Belgian presidency work programme The Belgian presidency presented its work programme for the first half of the year in the field of agriculture and fisheries. During this period, the Belgian presidency will focus on ensuring food security and autonomy, as well as on further enhancing the sustainability of food production and consumption. In this context, […]
Trade in electric and hybrid cars continued to grow in 2022 in the EU
Between 2017 and 2022, the trade of electric and hybrid cars in the EU registered a staggering increase. In 2022, 42% of the total number of cars imported were electric or hybrid, indicating an increase of 35 percentage points (pp) compared with 2017. The change in exports was also clear with a 24 pp increase in 2022 (26% of the total number of […]
Anti-coercion instrument: the EU’s new weapon to protect trade
The anti-coercion instrument will be the EU’s new tool to fight economic threats and unfair trade restrictions by non-EU countries. Why does the EU need a new tool to tackle trade conflicts? Global trade can help to boost wealth and create jobs. However, sometimes countries resort to blackmail or trade restrictions to give their companies […]
La UE y los EE. UU. acuerdan reforzar su cooperación en tecnologías emergentes, comercio sostenible y seguridad económica
The European Union and the United States have held the fourth ministerial meeting of the EU-US Trade and Technology Council (TTC) in Luleå, Sweden. It was co-chaired by European Commission Executive Vice-President Margrethe Vestager, European Commission Executive Vice-President Valdis Dombrovskis, United States Secretary of State Antony Blinken, United States Secretary of Commerce Gina Raimondo, and United States Trade […]
EU trade in high-tech products up in 2022
In 2022, the EU imported €482 billion worth of high-tech products from extra-EU countries (+22% compared with 2021). Exports to these countries reached €446 billion (+16% compared with 2021). More than half of imports from China and the United States In 2022, over half of the EU’s high-tech imports from non-EU countries came from China (38%; €183 billion) and the United States (19%; €91 […]