EU-US Framework Trade Agreement will help make trade cheaper

In August, the European Union and the United States issued a joint statement on a new framework agreement. This is intended to make trade between the two parties easier and cheaper.

CBAM: new obligations for importers

The Carbon Border Adjustment Mechanism (CBAM) is the European Union’s key tool to combat climate change. It aims to eliminate the risk of ‘carbon leakage’ where production is moved to countries with less stringent emission standards. New obligations…

EU-US trade deal : lower tariffs and cooperation in energy sector

On 27 July, European Commission President Ursula von der Leyen and US President Donald J. Trump agreed on key parameters of future trade relations. This agreement should be the first step in a process that will be further expanded and continue to…

Impact of US tariffs

The US government is introducing new tariffs on imported goods, which may increase costs for businesses. In collaboration with our US colleagues, we would like to draw your attention to several aspects that can affect the extent of the tariffs, such…

European Union responds to US tariffs with retaliation

Last month, the US administration led by President Donald Trump imposed 25 percent tariffs on steel and aluminium imports from Europe. In response, the European Commission is imposing retaliatory tariffs on a wide range of US goods.