This is a follow-up article on this topic already approached two weeks ago. After Mr. Trump’s declaration of a “trade war” the European authorities had mentioned that retaliation would be made. At first, there was a little bit of…
Trade Wars Between the US and the EU
American president Donald Trump decided to increase tariffs on America’s imports of steel and aluminum. Among the many reasons Mr. Trump mentioned is the need to protect such strategic sector of the American economy once the US military needs such…
WTO ruling strikes a blow against the EU
On September 22, the World Trade Organization (WTO) gave its verdict on European subsidies to Airbus. According to the international agency, the airplane manufacturer benefited of approximately €20 billion in “soft loans” since 2011, the moment when this policy should…