On October 13, 2020 the World Trade Organization (WTO) issued its latest ruling in the long-standing Boeing-Airbus dispute, granting the EU the authority to impose compensatory tariffs totaling up to US$4 billion on US goods in response to allegedly illegal subsidies provided to Boeing. Once again, US exporting companies find themselves in the crosshairs, as … Continue Reading
Touted as the largest trade agreement in history, the TPP involves 12 Pacific Rim countries which collectively represent 40% of global GDP. That equates to US$28 trillion dollars and 800 million people. Australian Trade Minister Andrew Robb claimed the agreement will usher in a new era of economic growth and opportunity across the fast-growing Asia-Pacific … Continue Reading
At the latest, 11th, round of the Transatlantic Trade and Investment Partnership (TTIP), the parties exchanged a second round of offers on tariffs, as well as proposals involving rules of origin for specific products. During discussions that took place between October 19 and 23 in Miami, Florida, the EU identified a number of non-tariff issues which inhibit the trade of EU … Continue Reading