Tag Archives: WTO

Join Us on May 28, 2020: The Future of US-UK Trade — Who Will Come Out a Winner?

“We are going to win so much” is a staple soundbite from President Donald Trump, and also representative of his administration’s approach to international negotiations. President Trump favors bilateral trade deals and has been optimistically touting the US as the UK’s first FTA partner after Brexit. From the UK’s perspective, Prime Minister Boris Johnson also … Continue Reading

Off to a Bumpy Start – UK Trade Negotiations With the EU and US

This blog post is being published for The Trade Practitioner as part of a content partnership with our Brexit Legal blog. Please contact Matthew Kirk with any questions. In the last week of February 2020 – amid some chest-beating ferocity on both sides – the EU and UK published their respective negotiating mandates for the … Continue Reading

US Wins Award in Airbus Subsidies Case

In October, the US Trade Representative (USTR) announced that the US had won the largest arbitration award in the World Trade Organization’s (WTO) history, in its dispute with the EU over illegal subsidies to Airbus. The decision awarded US$7.5 billion, which is nearly twice the next largest award. The arbitrator calculated the amount of the award based on WTO findings … Continue Reading

UK Government Releases Custom Duty Rates in the Event of Hard Brexit

The UK government has published the proposed customs duty rates that will apply to imported merchandise entering the UK from third countries after the country has left the European Union (EU) under a so-called no-deal scenario. Unless recent political developments require the UK government to extend that deadline, it has been indicated that the UK … Continue Reading

UK Government Forced to Take Brexit to Parliament

By judgment of 24 January 2017, the UK Supreme Court has dismissed the government’s appeal against the Divisional Court’s judgment in R (on the application of Miller & Dos Santos) v Secretary of State for Exiting the European Union. The court has held that parliamentary authority in the form of an Act of Parliament is required for the government … Continue Reading

Trade Talk: Week in Review (5-11 December 2016)

Both chambers of the U.S. Congress recessed last week after passing a Continuing Resolution to fund the U.S. Government until April.  The 114th Congress stands adjourned for the year.  The 115th Congress will convene on Tuesday, 3 January 2017. China – Trump’s Call with Taiwan.  In an interview that aired on Sunday, President-Elect Donald Trump … Continue Reading

WTO Confirms That Russian Import Duties Violate WTO Rules

On 12 August, a WTO dispute settlement panel confirmed that Russian import duties on paper, refrigerators and palm oil violate WTO rules. According to the panel, the import duties exceed those Russia agreed to when it joined the WTO in August 2012. This marks the first case ever decided in the WTO against Russia. The EU has initiated dispute settlement … Continue Reading

WTO Says EU Has Failed to Comply With Airbus Ruling

On 22 September, the World Trade Organisation (WTO) announced that the EU had failed to eliminate illegal aid to Airbus, handing US rival Boeing one of the biggest triumphs on the global stage in its 12-year battle with Airbus. The WTO stated that the EU and Britain, France, Germany and Spain had failed to comply with earlier rulings against … Continue Reading

Event Alert: Commercial and Legal Implications of a Brexit – A 360° Analysis – Warsaw, Poland – 9 June 2016

Our partners Dr. Jens Rinze (Frankfurt) will give a practical insight into the issues that financial institutions, corporations and other businesses would face if the UK votes for Brexit. This complimentary seminar will take place on 9 June from 4-6 pm in the Squire Patton Boggs Warsaw offices. Topics will include: How would a Brexit work from the legal … Continue Reading

Let’s Talk Trade!

In an unprecedented move, over 60 business leaders from all over the world gathered at the WTO on May 30 as part of the Trade Dialogues event. Business leaders encouraged the WTO to address a variety of issues including electronic commerce, rules to better facilitate services and investment flows, support for micro, small and medium-sized enterprises, … Continue Reading

Trade Talk – Week in Review (23-27 May 2016)

G-7 Leaders’ Declaration.   The G-7 Leaders’ Declaration issued on Friday from Ise-Shima, Japan, touched on topics such as the global economy, trade, maritime security, cyberspace, anti-corruption, infrastructure, global health challenges, climate change and female empowerment.  The Leaders advocated TPP member states ratify the agreement, while also addressing the global excess steel capacity issue, government subsidies … Continue Reading

EP Committee on International Trade Proposes New Position on Iran

On May 23, 2016, the European Parliament (EP) Committee on International Trade engaged in discussions on strategy towards the Islamic Republic of Iran in the wake of the lifting of nuclear-related sanctions against the country, and made several suggestions to the Committee on Foreign Affairs and called for their integration into its motion for a resolution. … Continue Reading

Trade Talk – Week in Review (21-25 March 2016)

Early last week, President Barack Obama visited Cuba, the first U.S. executive to do so in 90 years, before concluding his trip abroad in Argentina.  The President’s historic stop was overshadowed by the terrorist attack in Brussels.  This week, President Obama will host the Nuclear Security Summit in Washington, on the margins of which he … Continue Reading
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