Brussels 28.07.2028 The EPP Group’s spokesman on international trade, Jörgen Warborn MEP, pushes back against US tariffs and doubles down on the EPP’s support for rules-based multilateral trade. “Imposing a 15 percent baseline tariff is a blatant breach of WTO principles and a serious blow to European industrial competitiveness,” said Warborn following today’s meeting of…
Tag: WTO
Starbatty MEP: get off your high horse!
Joachim STARBATTY MEP (Germany, ECR) criticised Chancellor Merkel silence, while no-deal Brexit “catastrophe” is looming. It is impossible to leave under WTO rules, he said. “Nigel Farage is not an economist, he does not understand what he is talking about”. The deal is imperative MEP added, otherwise huge damages to economies are inevitable. “We have…
EU refuses to reopen Brexit deal
Following the demands of the British lawmakers Prime Minister Theresa May is attempting to renegotiate an Article 50 deal with the European Union, however Brussels is firm in its refusal of introduction of any change. The Irish border ‘backstop’ remains the apple of discord. (Image: illustration). Phone call this evening between Tusk and PM @theresa_may. #brexit…
May non-confidence letter submitted to House of Commons
Former British minister Owen Paterson informed he had submitted a letter of no confidence in Prime Minister Theresa May in the hope of triggering a leadership challenge. “I write to inform you that I no longer have confidence in the Prime Minister,” Member of Parliament declared in a letter to the senior lawmaker who would oversee…
May in dire need of EU concessions
A new report from academic think tank The UK in a Changing Europe explains what trading on WTO terms would really mean. “Parliament has begun perhaps its most important peace-time deliberation. A lot of MPs are claiming that trading with the EU on WTO terms would be an acceptable outcome. The report investigates this claim…
Lamy warns EU trade about hardships ahead
The European Union should prepare for its companies to be targeted by US sanctions in a worsening trade dispute between the United States and China, former World Trade Organisation (WTO) director general Pascal Lamy said. Ex-#WTO Director General Pascal Lamy expects geopolitical tensions to persist over next several decades, with #US and #China engaged in…
Jim Carver: better off without a Brexit deal
Jim CARVER MEP, UK, UKIP shares his views on first stage of Brexit talks, transition period, and future of the UK-EU27 relations. Ahead of 14-15 December EU Summit concluding first stage of negotiations Article 50. Is exit without a deal possible? Would WTO rules be sufficient for successful economy?..
Tannock: just WTO rules won’t suffice for UK
Charles TANNOCK MEP (UK, ECR) reflects upon possible outcome of Article 50 negotiations, transition period, free-trade agreement, and ‘hard’ Brexit consequences. Ahead of December 14-15 EU Summit, concluding first stage of the EU27-UK talks on exit conditions MEP shares his vision on trade under WTO rules in case parties will not come to an agreement….
Atkinson: “Don’t take poison of Brexit deal!”
Ahead of 14-15 December EU Summit Janice ATKINSON MEP (UK, ENF) shares her opinion on different scenarios of Brexit, risks of ‘bad’ deal, and its consequences, or ‘hard’ Brexit for future trade under WTO rules. MEP is convinced the insecurity around possibility of reaching the Article 50 deal has far greater negative impact on UK…
Brexit aiming at EU-UK free-trade deal
Although the UK and the EU can operate under the World Trade organization rules in case no deal is achieved after the two-year Brexit negotiation period, however the ultimate goal is to reach a “comprehensive free trade” deal the prime minister Theresa May said, while debating the Article 50 triggering earlier today in Brussels. May…
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