“President Trump’s announcement of universal tariffs on the whole world, including the EU, is a major blow to the world economy. I deeply regret this choice. Let’s be clear-eyed about the immense consequences. The global economy will massively suffer. Uncertainty will spiral and trigger the rise of further protectionism. The consequences will be dire for […]
Tariffs on agricultural products and fertilisers, new measures against Russia and Belarus
The European Commission has adopted a proposal to impose tariffs on a number of agricultural products from Russia and Belarus, as well as on certain nitrogen-based fertilisers. The agricultural products affected by the new tariffs constitute 15% of agricultural imports from Russia in 2023 that had not yet been subject to increased tariffs. Once adopted by the Council, […]
The EU challenges China at the WTO over tariffs on the high-tech sector
The European Commission has requested consultations at the World Trade Organization (WTO) aiming to remove unfair and illegal trade practices by China in the sphere of intellectual property. China has empowered its courts to set binding worldwide royalty rates for EU standard essential patents, without the consent of the patent owner. This pressures innovative European high-tech companies […]
EU and U.S. agree to suspend all tariffs linked to the Airbus and Boeing disputes
The EU and U.S. agreed today to suspend all retaliatory tariffs on EU and U.S. exports imposed in the Airbus and Boeing disputes for a four-month period. The suspension allows both sides to focus on resolving this long-running dispute and it provides as well an important boost to EU exporters, since the U.S. had been […]