Insights from USTR’s NTE Report
Last week USTR published its 38th annual “National Trade Estimate Report on Foreign Trade Barriers”. Coming just a few weeks after the March 1, 2023 release of the 2023 President’s Trade Agenda, this offers insights into issues around EU-US trade policy as well as US perspectives on global value chain regulation. Plus it has a handy country-by-country breakdown. So it’s worth a read.
Converging EU/US trade policy: What are the prospects for a ‘common’ approach to forced labour?
The dynamic in EU/US trade relations has changed. 2021 heralded the first in a series of announcements ending long-running EU/US Trade disputes (Airbus/Boeing; Steel/Aluminum). That trend has continued in early 2022 (shellfish). With work progressing under the TTC, and a political promise to work together to address greenhouse emissions, the question arises as to how far this “positive agenda” will go? Could this foster alignment on other social concerns?
Addressing forced labour through trade policy is a potential candidate for collaboration.
