2020 Outlook: Trade War in Waiting – U.S.-EU Relations — Panjiva
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2020 Outlook: Trade War in Waiting – U.S.-EU Relations

Cons. Discr. - Autos 1179 Consumer Staples 760 Energy - Conventional 447 Energy - Natural Gas 153 European Union 826 France 153 Germany 244 Industrials - Aero/Defense 196 Industrials - Capital Goods 582 Materials - Metals/Mining 751 Metals - Aluminum 248 Metals - Steel 513 Outlook 95 Tariffs 1794 Trade Balance 932 U.S. 5317

A worsening of trade relations between the U.S. and EU could be the defining factor for global trade policy in 2020. Talks that started in July 2018 made little progress ahead of the arrival of a new European Commission as well as because of threatened, but not implemented, U.S. automotive tariffs. The EU Trade Commission, Phil Hogan, is looking for a “reset” in trade relations at meetings in mid-January, specifically including existing U.S. tariffs. U.S. Trade Representative Robert Lighthizer meanwhile has identified “basic trade problems” with the EU. The U.S. will also focus on its tr...

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