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EU will be assertive with new trade defence tools

Location:

EU

First cases pursued under the FSR show it could be one of the most far-reaching of the strategic autonomy measures introduced under this Commission. One Chinese company has…

Serious EU-China trade conflict is unlikely

Location:

EU/CHINA

The Commission claims that Chinese EVs are much cheaper than EU ones because of subsidies, which is damaging EU industrial competitiveness in an unfair manner. The announcement…

Seoul-Havana relations will hurt Pyongyang

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SOUTH KOREA/CUBA

South Korea’s business ties with Cuba have improved in recent decades, while Havana-Pyongyang relations have long been uneasy. Cuba’s decision came amid North Korea’s increasingly…

Eastern members risk falling behind rest of EU

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EU

Speaking on the occasion, European Commission President Ursula von der Leyen said that, over the past 20 years, the promise of stability and prosperity has been fulfilled…

Russia’s car industry will struggle to recover

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RUSSIA

Russia’s full-scale invasion of Ukraine and subsequent Western sanctions caused a severe crisis in the automotive sector. Supply chains were severed, output collapsed and exports…

UK-EU compromise is more likely than not

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UK/EU

Truss adopted a hard-line stance on the protocol in her bid to win the race to become new Conservative Party leader and prime minister. Despite focusing on other issues when she…

EU will likely adopt a more protectionist trade policy

Location:

EU

The EU, concerned at the future of its own automotive industry, has threatened a ‘Buy European’ approach in response. Protection is rising as the WTO weakens and states target…

There is scope to limit EU-US tension over IRA

Location:

EU/US

The EU worries that the bill will harm the competitiveness of the European economy as it seeks to recover from COVID-19 and the war in Ukraine. Brussels is contemplating various…

Parallel imports continue to support Russia’s economy

Location:

RUSSIA

Parallel imports have played a crucial role in securing the supply of goods for the Russian economy. The creation and management of parallel import channels is now an important…

German automakers face obstacles on all fronts

Location:

GERMANY

German manufacturers face a multi-faceted competitiveness challenge. Domestic output almost halved from 2016 to 2021. The failure to match rivals in the development of electric…