Tag Archives: United Kingdom

Transatlantic Trade: US and European Trade Talk Update – June 26, 2020

American officials continue to raise concerns with China’s perceived long-term goals, which they believe may undermine multilateral institutions, national security and sovereign interests, and democratic principles in general.  The COVID-19 pandemic has amplified existing concerns with China, and it may serve as the catalyst for further transatlantic cooperation aimed at responding to some of China’s … Continue Reading

Testing Time: The Culture of Confidence in Retail in the UK

Monday, June 15, 2020 marked the advent of the UK edging back to normality with most high street retailers opening their doors for the first time since March. Media outlets published pictures of high streets flooded with queues of eager shoppers seemingly indicating that some consumer confidence had returned to the retail sector. On that … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – June 19, 2020

America and European countries remain focused on securing a COVID-19 vaccine to prevent resurgences of the virus, with the European Commission unveiling a strategy this week to accelerate its coordinated efforts.  At a North Atlantic Treaty Organization (NATO) Defense Ministerial this week, partners focused on COVID-19 and other topics, including the US’ announcement to lower … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – June 12, 2020

A potential area of increased transatlantic collaboration could center on ongoing efforts to reform the World Trade Organization (WTO).  China’s response to the COVID-19 pandemic may provide an avenue for the United States (US) and European Union (EU), along with the United Kingdom (UK) and other like-minded trading partners, to bridge divides on WTO reform … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – June 5, 2020

The United States has been experiencing large-scale protests in urban centers in response to the death of George Floyd, a black American citizen, in police custody in Minneapolis, Minnesota, on 25 May.  This is not the first time the country has seen protests related to racism against black Americans, but it comes amid a global … Continue Reading

Tariff War Continues – Digital Services Tax Moves Into the Crosshairs of Section 301

The Office of the US Trade Representative (USTR) is requesting comments for newly initiated Section 301 investigations on digital services tax (DST) adopted or under consideration by Austria, Brazil, the Czech Republic, the European Union, India, Indonesia, Italy, Spain, Turkey and the United Kingdom. Comments are due by July 15.  On June 2, USTR announced … Continue Reading

COVID-19: US Developments – Implementation and Oversight of CARES Act – June 3, 2020

Turmoil on America’s streets has become the primary focus of attention for the White House in recent days, marking a pivot away from the around-the-clock pandemic response posture that characterized the Trump Administration’s activity this spring. President Donald Trump and his top advisors are reportedly set to meet in the coming days to begin the … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – May 29, 2020

The European Commission unveiled a revamped budget and recovery plan for the European Union (EU) this week, as the continent looks toward re-opening and beginning its recovery from the COVID-19 pandemic.  The United Kingdom (UK) also announced some lifting of restrictions this week.  The United States (US) Congress, meanwhile, has temporarily paused efforts on another … Continue Reading

May 28, 2020: The Future of US/UK Trade — Who Will Come Out a Winner?

“We are going to win so much” is a staple soundbite from President Donald Trump, and also is representative of his administration’s mindset to international negotiations. President Trump favors bilateral trade deals and has been optimistically touting the US as the UK’s first FTA partner after Brexit. From the UK’s perspective, Prime Minister Boris Johnson … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – May 22, 2020

The 73rd World Health Assembly (Assembly) convened virtually on 18-19 May; the US remains critical of the World Health Organization’s (WHO) response to the spread of COVID-19 and its relationship with the People’s Republic of China (PRC).  The Assembly is the key decision-making body of the WHO that is attended by representatives of the United … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – May 15, 2020

On 4 May, the EU hosted a virtual international summit to secure approximately US$8.2 billion in pledged funding for research into vaccines and treatments for COVID-19.  While the US government did not participate in the summit (nor did Russia or India), it continues to prioritize securing a vaccine this year.  Meanwhile, the national trend in … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – May 1, 2020

Google and Apple are collaborating on contact-tracing technology that allows for better communication between the two operating platforms to help alert individuals that may have crossed paths with a confirmed COVID-19 case. The two companies noted in a joint statement issued earlier this month, “[W]e hope to harness the power of technology to help countries … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – April 24, 2020

The COVID-19 pandemic has significantly affected the global economy, as social distancing and shelter in place orders in various countries have affected employees, factories and global supply chains. After several weeks of restrictions, governments around the world are outlining plans to return to a “new normal,” post-COVID. US President Donald Trump released federal guidelines last … Continue Reading

Transatlantic Trade: US and European Trade Talk Update – April 17, 2020

As the curve of COVID-19 cases flattens in parts of the US and Europe, government officials are exploring ways to restart their economies.  Looking further ahead, doing so will likely include resuming the stalled transatlantic talks aimed at securing new trade agreements.  In the aftermath of the 2008-2009 financial crisis, governments kept the global economy … Continue Reading

President Trump Welcomes Danish Prime Minister to Washington; Secretary Tillerson Travels to Turkey and Brussels; Congress Continues to Scrutinize Russia and Iran

President Donald Trump focused last week on the Republican plan to repeal and replace the Affordable Healthcare Act, also known as Obamacare.  After the House of Representatives failed to advance the American Health Care Act (AHCA), President Trump indicated a next priority for the administration is tax reform. On Wednesday, President Trump called Prime Minister Theresa … Continue Reading

Senate May Confirm Tillerson This Week; President Trump Spoke Last Week with Foreign Leaders, Including Russian President Putin; U.K. Prime Minister Visited Washington

The U.S. Congress is in session this week; the Senate is expected to vote on Mr. Rex Tillerson’s nomination to be Secretary of State. Nikki Haley was sworn in last week to be the U.S. Ambassador to the United Nations. Gen. James Mattis was also sworn in as the next U.S. Secretary of Defense. Last … Continue Reading

President Obama Looks Ahead To His 10th Trip Go Asia, After Hosting The Nordic Leaders Last Week; The House Will Debate The NDAA This Week, While the Senate Committee Markup Wrapped Last Week; Secretary Kerry Travels to Saudi Arabia, Austria, and Belgium

Last Friday, President Barack Obama hosted the Nordic Leaders Summit in Washington, with the Leaders affirming shared fundamental values and areas of collaboration, while also spotlighting Russia’s military activities in the Baltic Sea region and confirming multilateral sanctions imposed on Russia will remain in place.  Secretary of State John Kerry attended the Global Anti-Corruption Summit … Continue Reading

International Tax Reform May Still Be a Possibility; Treasury Focused on FATCA, PTPs

Legislative Activity Tax Reform Still in Ryan’s Sights Despite Boehner’s Departure Last week, following the sudden announcement by House Speaker John Boehner (R-OH) that he would be stepping down from Congress at the end of October, House Ways and Means Committee Chairman Paul Ryan (R-WI) and various other Committee members quickly confirmed that the Committee … Continue Reading

Defense Department’s Budget Scrutinized this Week; Secretary Carter Travelled to Afghanistan and Spoke with U.K. Defense Minister

Defense Department’s FY 2016 Budget This week, Congress will hold the following hearings to examine the Department of Defense’s FY 2016 budget request: Wednesday, February 25: The House Armed Services Committee will hold a hearing on the Department of the Navy’s FY 2016 Budget request for seapower and projection forces. Thursday, February 26: The House … Continue Reading
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