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Liberal Sweden put to the test as transatlantic trade war looms
On timing, Sweden could be forgiven for cursing its luck. Just as the country embarks on its EU presidency, the bloc is facing not only an economy-hammering war on its doorstep, but also increasingly...
View ArticleBiden threatens Europe’s car batteries
EU negotiators are poised to agree the world’s most stringent standards for sustainable batteries on Friday in a bid to spur local cell production — but at the same time generous U.S. subsidies...
View ArticleEU ties trade bow with Chile — to carmakers’ delight
Chile and the EU sealed a revamp of their trade deal in Brussels on Friday, potentially giving Europe better access to Chile’s vast lithium and copper resources. The updated deal — which includes both...
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Trade winners and losers of 2022
The trade world was turned upside down in 2022. Just as supply chains were tentatively recovering from their pandemic disintegration, Russia’s invasion of Ukraine in February sent a shockwave through...
View ArticleVon der Leyen’s Davos tightrope: Calm Europe, reframe US spat
DAVOS, Switzerland — It was a tricky balancing act for Ursula von der Leyen on Tuesday: Assure European leaders their beleaguered companies will get cash while insisting the EU is not turning...
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UK closing in on major Pacific trade deal after Sunak’s Brexit breakthrough
LONDON — Expectation is mounting that the U.K.’s bid to join a major Pacific trade bloc will soon be green-lit following Prime Minister Rishi Sunak’s breakthrough post-Brexit pact with the EU. The...
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Germany’s not-so-green fix to save the car engine
BERLIN — The most dangerous place in European politics right now is between a German and their car. That’s been underlined yet again this week as Berlin threatens to derail the European Commission’s...
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China leaves EU playing catchup in race for raw materials
There aren’t many places on Earth as far removed from the political scheming of the European Union’s rain-soaked headquarters in Brussels as Chile’s Salar de Atacama. Its rugged, otherworldly...
View ArticleUK-Canada trade chiefs to meet after ‘sour’ Indo-Pacific talks
LONDON — U.K. trade chief Kemi Badenoch meets her Canadian counterpart Tuesday after the two nations clashed over Britain’s bid to join a key Asia-Pacific trade bloc. The U.K. is on the cusp of...
View ArticleUK and Canada ‘break impasse’ on Indo-Pacific trade pact
LONDON — Britain’s trade chief Kemi Badenoch and her Canadian counterpart Mary Ng settled differences during a crunch lunch Tuesday in a move that bodes well for the U.K.’s post-Brexit hopes of...
View ArticleBritain expected to join Indo-Pacific trade pact this week
LONDON — Britain is expected to get the green light to join a key Indo-Pacific trade bloc before the end of this week in a move that will solidify its post-Brexit foreign policy shift toward the...
View ArticleBritain secures agreement to join Indo-Pacific trade bloc
LONDON — Britain will be welcomed into an Indo-Pacific trade bloc late Thursday as ministers from the soon-to-be 12-nation trade pact meet in a virtual ceremony across multiple time zones. Chief...
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Britain’s joining CPTPP. So what the hell is it?
LONDON — It’s not every day post-Brexit Britain gets to talk up a trade win. But it’s about to join an Asia-Pacific trade bloc stretching from balmy Malaysia and Singapore to snowy Ottawa, Canada, in...
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Inside the deal: How Britain joined CPTPP
LONDON — It was all meant to happen in early March. Negotiators from the 11 nations that make up the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) gathered on the...
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EU schemes up sweeteners to woo countries away from Russia and China
The EU is plotting how to win friends and influence people — in other countries. Earlier this week, EU officials circulated a confidential briefing, obtained by POLITICO, that details several...
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Europe wants Latin America on side against Vladimir Putin. Good luck with that
LONDON — In the struggle for hearts and minds against Russia, Europe has it sights on a new target. Unfortunately for them, Latin America’s not listening. An extended charm offensive by senior...
View ArticleParis is warming up to EU-Mercosur deal, but slowly
PARIS — French Trade Minister Olivier Becht said the upcoming Spanish presidency of the Council of the EU should not force through negotiations on a trade deal between the EU and South America’s...
View ArticleVon der Leyen vows to conclude EU-Mercosur deal by year-end
Commission President Ursula von der Leyen today pledged the EU and the Mercosur bloc would conclude their long-delayed trade agreement by the end of the year. Speaking alongside Brazil’s President...
View ArticleCan Spain’s charm offensive win over Latin America?
Spain is smitten with Latin America. The region has vast mineral reserves needed for Europe’s green and digital agendas, and a trading bloc that’s tantalizingly close to sealing a deal with the EU;...
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The incredible shrinking summit
It could have been like getting back together with an old flame — but then Moscow ruined the date. The EU-Latin America summit, the first in eight years, was meant to symbolize a revived relationship....
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