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For a global player like the EU, it must adequately respond to US unilateral actions and not give in to threats in order to preserve its credibility. However, it is not in its interest to let trade conflicts escalate and be drawn into trade wars. It is worth noting that through the bilateral...
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The WTO provides extensive flexibility for members to engage with each other. Using this, WTO members should identify a … policies that are not or only partially covered by current WTO rules. Expanding the WTO rulebook, accepting greater reciprocity … and improving the organisation’s operation are necessary for revitalising the WTO. …
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According to the European Commission (EC), the WTO is struggling to credibly remain the go-to place for trade … negotiations.1 Indeed, after the Commission stated its concerns, EU-Ambassador to the WTO Marc Vanheukelen commented that if the …
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emerge, where negotiating will take place in country clubs instead of among members at the WTO. However, by breaking protocol …
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The greatest challenge for the EU in trying to identify an optimal response is understanding the motives behind the US strategy. The rhetoric, and more recently also actions, of the current US administration on trade and the global multilateral system are a real threat to the process of...
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The United Kingdom will depart from the European Union in March 2019. Numerous open questions remain about details and conditions especially with regard to post-Brexit EU-UK trade relations. In case of a negotiation failure, a "hard Brexit" could cause considerably high costs on both sides of...
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