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Outlook for the meetings of EU leaders, 28-29 June 2018

27-06-2018

On 28-29 June 2018 Heads of State or Government will met, in different formats and constellations (i.e. a formal European Council, an article 50 European Council and a Euro summit), to discuss migration, security and defence, Brexit and the euro area. Migration will top the agenda of the European Council while the Euro Summit will discuss further developments in the euro area, including potentially the creation of a special budget for the euro area.

On 28-29 June 2018 Heads of State or Government will met, in different formats and constellations (i.e. a formal European Council, an article 50 European Council and a Euro summit), to discuss migration, security and defence, Brexit and the euro area. Migration will top the agenda of the European Council while the Euro Summit will discuss further developments in the euro area, including potentially the creation of a special budget for the euro area.

US tariffs: EU response and fears of a trade war

21-06-2018

On 1 June 2018, US tariffs entered into force for steel and aluminium imports from the EU, Canada and Mexico, following US President Donald Trump's decision not to extend temporary exemptions. Argentina, Australia, Brazil and South Korea managed to obtain permanent exemptions as a result of deals struck with the Trump Administration. For all other countries, the US tariffs had already taken effect at the end of March 2018. After talks with the Trump Administration failed to result in a permanent ...

On 1 June 2018, US tariffs entered into force for steel and aluminium imports from the EU, Canada and Mexico, following US President Donald Trump's decision not to extend temporary exemptions. Argentina, Australia, Brazil and South Korea managed to obtain permanent exemptions as a result of deals struck with the Trump Administration. For all other countries, the US tariffs had already taken effect at the end of March 2018. After talks with the Trump Administration failed to result in a permanent exemption, the EU responded to the new tariffs by lodging a complaint at the WTO and instituting rebalancing measures on specific US exports. A safeguard investigation on steel imports into the EU is also on-going. Other US trading partners have responded in similar ways, raising fears that this could be the start of a full-blown trade war that would harm economic growth.

Trump, trade and tariffs [What Think Tanks are thinking]

16-03-2018

US President, Donald Trump, has imposed tariffs on steel and aluminium imports, raising fears of a trade war with other countries. He has argued that the levies, of 25 % on steel and 10 % on aluminium, are needed to protect US national security. But many analysts and politicians believe that they are actually meant to protect domestic producers and meet Trump's pre-election promise to return manufacturing jobs to the US. The European Union is seeking an exemption from the tariffs, which has already ...

US President, Donald Trump, has imposed tariffs on steel and aluminium imports, raising fears of a trade war with other countries. He has argued that the levies, of 25 % on steel and 10 % on aluminium, are needed to protect US national security. But many analysts and politicians believe that they are actually meant to protect domestic producers and meet Trump's pre-election promise to return manufacturing jobs to the US. The European Union is seeking an exemption from the tariffs, which has already been granted, in principle, to Canada and Mexico. If this does not happen, the EU could respond in several ways, including by imposing its own tariffs on US products. This note offers links to a series of recent commentaries and reports from major international think tanks and research institutes in reaction to Trump's decision. More reports on international trade can be found in a previous edition of 'What Think Tanks are thinking' published in June 2017.

New US tariffs: Potential impact on the WTO

13-03-2018

On 8 March 2018, US President Donald Trump signed orders imposing tariffs of 25 % on steel imports and 10 % on aluminium imports. These tariffs will apply to all countries, except Canada and Mexico (and possibly also Australia). President Trump has expressed a willingness to discuss the measures with individual countries and make additional exceptions if US (security) concerns are addressed. The European Commission and other US trading partners have expressed their concern at the measures, fearing ...

On 8 March 2018, US President Donald Trump signed orders imposing tariffs of 25 % on steel imports and 10 % on aluminium imports. These tariffs will apply to all countries, except Canada and Mexico (and possibly also Australia). President Trump has expressed a willingness to discuss the measures with individual countries and make additional exceptions if US (security) concerns are addressed. The European Commission and other US trading partners have expressed their concern at the measures, fearing that they could lead to a wider trade dispute. The Trump administration's justification of the tariffs on national security grounds is also viewed as a threat to the multilateral trading system.

Trade in Raw Materials and Primary Commodities Recent Trends and Options For eu Trade Policy

11-09-2007

The study analyses variations in prices and their impact on the evolution of primary commodity markets over several decades. Three case studies illustrate the markets dynamics of primary commodities (aluminium, natural gas and cotton). It underlines the dependency of developing countries on primary commodity markets and demonstrates how trade liberalisation and globalisation of primary commodity markets has modified the relationships between developed and developing countries in two directions: - ...

The study analyses variations in prices and their impact on the evolution of primary commodity markets over several decades. Three case studies illustrate the markets dynamics of primary commodities (aluminium, natural gas and cotton). It underlines the dependency of developing countries on primary commodity markets and demonstrates how trade liberalisation and globalisation of primary commodity markets has modified the relationships between developed and developing countries in two directions: -On the one hand, private firms are now free to develop diverse strategies on international markets within new trade rules based on free competition; -On the other hand, South-South trade is increasing thanks to higher per capita incomes and faster industrialisation of emerging countries such as China, South Korea, India and Brazil. It concludes with the fact that the European Union, as a major importer and exporter, is in a position to play a leading role both in supporting European firms acting in primary commodity markets and in supporting actions to help Commodity Dependent Developing Countries (CDDCs) to strengthen their production capacities and to reduce poverty and unemployment

Externý autor

Hadj Saadi Project Leader Hadj.Saadi@upmf-grenoble.fr Jean-Pierre Angelier Ivan Samson Faculté Economie, Stratégies, Entreprise Université Pierre Mendès France, Grenoble (France)

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