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European Union Trade Commissioner Phil Hogan on Monday cited “unacceptable” Section 232 investigations the Commerce Department has launched in recent months and the Section 301 digital services tax probes the Office of the U.S. Trade Representative initiated in June in urging the European Parliament to quickly grant the Commission new retaliatory powers.
The Office of the U.S. Trade Representative on Wednesday fired back at European Trade Commissioner Phil Hogan after he questioned whether the U.S. could unilaterally declare it is in compliance with a World Trade Organization ruling over subsidies U.S. states have provided to Boeing.
The second round of U.S.-United Kingdom trade talks “advanced” a number of chapters and included “detailed discussions on text,” British Trade Secretary Liz Truss said on Tuesday, though she did not indicate that any chapters were successfully closed out as U.S. Trade Representative Robert Lighthizer predicted earlier this month.
European Trade Commissioner Phil Hogan on Tuesday said U.S. Trade Representative Robert Lighthizer told him the U.S. was “comfortable” with the status of the U.S.-EU large civil aircraft dispute because the U.S. can unilaterally claim it has complied with a World Trade Organization ruling against subsidies U.S. states granted to Boeing -- while imposing tariffs on the EU.
“In recent days it has become evident that the original timeline for this appointment in early September 2020 will be delayed and therefore create uncertainty in the leadership of the organisation at this critical time.”
Government plans to use proceeds from digital services taxes to fund economic stimulus efforts could make negotiations on an international tax structure more difficult, according to Computer & Communications Industry Association President Matthew Schruers.
The United Kingdom has announced its tariff schedule for when it leaves the European Union permanently in December, planning to allow 60 percent of imports to enter the UK tariff-free while retaining tariffs on sensitive industries like agriculture and autos, according to the Department of International Trade.
The first round of negotiations between the U.S. and United Kingdom, which ended last week, was “positive and constructive,” British trade secretary Elizabeth Truss said on Monday, adding that the two sides placed “significant emphasis” on post-pandemic recovery and identified digital trade, services and investment as mutually high-ambition areas.
The interim agreement sets up a pool of 10 arbitrators for hearing appeal arbitrations while the Appellate Body is paralyzed.
G20 trade and investment officials convened virtually for a second time this week, endorsing a set of short- and long-term “collective actions” countries could take to combat economic harm caused by the coronavirus pandemic.
European Union trade officials on Friday will discuss EU-U.S. trade relations as the bloc’s trade commissioner, Phil Hogan, looks to refresh the trans-Atlantic relationship and address some irritants between the two on the path to economic recovery.
European Union trade officials on Friday will discuss EU-U.S. trade relations as the bloc’s trade commissioner, Phil Hogan, looks to refresh the trans-Atlantic relationship and address some irritants between the two on the path to economic recovery.
The International Dairy Foods Association, the National Milk Producers Federation and the U.S. Dairy Export Council are among them.
U.S. Trade Representative Robert Lighthizer and Japanese Foreign Affairs Minister Toshimitsu Motegi this week affirmed a joint hope to reform the World Trade Organization’s dispute settlement system and forge new e-commerce rules, according to USTR.
The Financial Times reported that X and Y were slated to talk on Monday.
The European Commission on Thursday pushed back against U.S. claims that it has fully complied with a World Trade Organization ruling and terminated illegal subsidies to Boeing, while criticizing the U.S. for not allowing the bloc to appeal a compliance determination in a case involving illegal subsidies EU member states have provided to Airbus.
European Union Trade Commissioner Phil Hogan is in “regular contact” with the U.S., he said on Wednesday, revealing he had written to U.S. Trade Representative Robert Lighthizer in recent days to outline ways in which the U.S. and EU could work together to boost economic recovery amid the pandemic.
The U.S. on Wednesday notified the World Trade Organization that because Washington state has terminated illegal subsidies it was providing to Boeing, the European Union has no justification to retaliate against the U.S.
The U.S. and United Kingdom formally kicked off bilateral trade negotiations on Tuesday, aiming to initiate talks in all chapters of a comprehensive agreement over the next two weeks.