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EU-US compromise avoids trade war, for now

Content type:: Expert Briefings
Location:: EU/US
Keywords associated with this article:: Geographic: EU United States EUR Russia EU/US

Topical: economy international relations politics foreign trade government policy talks agriculture automobile gas manufacturing steel
ISSN:: 2633-304X
Citation:: Oxford Analytica (2018), "EU-US compromise avoids trade war, for now", Expert Briefings.
https://doi.org/10.1108/OXAN-DB236399

Thursday, July 26, 2018

Significance

Impacts

In a sop to US interests, the EU has promised that it will buy billions of dollars of US produce including LNG and soybeans.
Juncker and Trump said they would cooperate on unspecified measures to reform the WTO.
Trump’s habit of making abrupt policy reversals means any suggestion of a breakthrough should be treated with caution.
Financial markets are reacting positively to the EU-US compromise.

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