Introduction In the early hours of 17 June 2022, the Ministerial Conference of the World Trade Organization (WTO) adopted a package of decisions after five days and nights of intense negotiations that appeared to be teetering on the brink of collapse. With the WTO’s credibility on the line, trade ministers were able to compromise and reach consensus at the last minute, reaffirming the WTO’s capacity to deliver multilateral trade rules and provide trade-related responses to…
On 31 October 2021, the EU and US issued a joint statement announcing that they had reached an agreement to end their dispute over steel and aluminium tariffs. This agreement removes the US “Section 232” tariffs on imports of EU steel and aluminium, imposed during the Trump administration, whilst the EU has agreed to suspend additional duties imposed on US goods in retaliation. Both sides have also agreed to suspend disputes initiated against each other at…
Baker McKenzie’s International Commercial & Trade Blog published “United Kingdom: Update on the UK Trade Remedies Regime”, which can be viewed here.
Baker McKenzie’s InsightPlus published “EU: European Commission adopts proposal for new Carbon Border Adjustment Mechanism,” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Multijurisdictional: 2021 Virtual Global Trade Conference,” which can be viewed here.