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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 road map for the future and a work programme to update and expand the rulebook to address trade-distorting nontariff policies that are not or only partially covered by current...
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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 organisation does not take measures to move forward, the...
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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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China is the leading exporter of rare earths, elements which are crucial to the development of high-tech products and … new green technologies. In recent years, however, China has begun imposing export restraints on these elements in order to … importing countries. The EU, the US and Japan have launched a formal complaint in the WTO against China’s export restrictions …
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The trade dispute between the US and China has reached a point where export restrictions on rare earths have become a … from China and draws parallels to the events during the rare earth crisis of 2010 and 2011, which was caused by … geopolitical tensions between Japan and China. Respective risks associated with restrictions on the trade of rare earths are …
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