Thread by @C_Barraud

🇪🇺 🇺🇸 #EU to propose workaround to avoid U.S. block on WTO judges: document – Reuters
reuters.com/article/us-usa…

🇺🇸🇩🇪🇪🇺 #Trump Threatens Merkel With Pipeline Sanctions, U.S. Troop Cut - Bloomberg
bloomberg.com/news/articles/…

🇩🇪🇺🇸🇪🇺 #Germany Struggles to Figure Out How to Get #Trump to Back Off - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 🇺🇸 EU seals deal to boost U.S. #beef imports: sources – Reuters
reuters.com/article/us-usa…

🇺🇸 🇪🇺 U.S. seen open to 'enforceable mechanism' to end aircraft subsidy spat - Reuters
reuters.com/article/us-tra…

🇺🇸 🇪🇺 President Donald #Trump believes the U.S. dollar is too strong, and the #euro is too weak, and feels the situation could be eased if the Federal Reserve lowered interest rates, a senior administration official said on Tuesday - Reuters
reuters.com/article/us-usa…

🇺🇸 🇪🇺 No U.S.-EU trade deal without #agriculture: U.S. official - Reuters
reuters.com/article/us-usa…

🇺🇸 🇪🇺 U.S. Proposes More #Tariffs on EU Goods in Airbus-Boeing Dispute - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 🇺🇸 EU open to talks with U.S. in #aircraft subsidies dispute - Reuters
reuters.com/article/us-usa…

🇪🇺 🇺🇸 #EU #TRADE CHIEF CECILIA MALMSTROM SPEAKS AT BRUSSELS CONFERENCE - BBG
*EU'S MALMSTROM FEARS TARIFF FIGHT WITH U.S. OVER AIRCRAFT AID
*MALMSTROM REPEATS READINESS TO NEGOTIATE DEAL WITH U.S. ON AID

🇪🇺 🇺🇸 *MALMSTROM REPEATS EU WON'T INCLUDE #AGRICULTURE IN U.S. TALKS – BBG

https://twitter.com/C_Barraud/status/1148220813415518208

🇺🇸 🇪🇺 U.S. and EU Head for #Tariffs Over Aircraft Aid, #Trade Chief Says - Bloomberg
bloomberg.com/news/articles/…

🇩🇪 🇺🇸 🇪🇺 German diplomat tells U.S., EU: don't use #agriculture to block trade deal - Reuters
reuters.com/article/us-usa…

🇩🇪 🇺🇸 🇪🇺 German minister to discuss aircraft subsidies with USTR Lighthizer - Reuters
reuters.com/article/us-usa…

🇩🇪 🇺🇸 🇪🇺 #Germany Sees 50% Chance for EU-U.S. #Trade Deal, Possibly in 2019 - Bloomberg
*Link: bloom.bg/2S9w1GJ

🇪🇺🇺🇸 Europe Braces for $7 Billion U.S. Tariff Hit Over Airbus Dispute - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 🇺🇸 EU redoubles threat to retaliate if U.S. raises #auto #tariffs - Reuters
reuters.com/article/us-usa…

🇪🇺 🇺🇸 *EU'S MALMSTROM REPEATS U.S. UNWILLING TO START FREE-TRADE TALKS - BBG
*MALMSTROM SAYS U.S. WANTS TO INCLUDE AGRICULTURE IN TALKS
*MALMSTROM REPEATS EU WILL REJECT ANY `MANAGED TRADE' FOR CARS
*MALMSTROM REPEATS EU WOULD RETALIATE AGAINST U.S. CAR TARIFFS

🇪🇺 🇺🇸 The European Union almost doubled to 35 billion euros ($39 billion) the amount of U.S. goods it would hit with retaliatory tariffs should President Donald Trump follow through on a threat to impose duties on EU cars and auto parts - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 🇪🇺  #Trump to make an announcement on #EU trade on Friday in Washington at 1:45pm, according to White House daily guidance - Bloomberg

🇺🇸 🇪🇺  U.S. President Donald Trumpwill formally announce a deal to open up the European Union to more beef exports after the bloc carved out quotas from other nations earlier this year, people familiar with the plans said - Bloomberg

🇺🇸 🇪🇺 U.S. and EU to Announce #Beef Deal at White House on Friday - Bloomberg
*U.S. to get portion of EU quota for hormone-free beef
*Will eventually let U.S. sell 35,000 metric tons of beef
bloomberg.com/news/articles/…

🇺🇸 🇪🇺 #Trump announces deal to expand US #beef exports in the EU - and jokes about Mercedes, BMW tariffs - CNBC
cnbc.com/2019/08/02/tru…

🇺🇸 🇪🇺 Lost in #Trump’s China Week Was a Postcard to #Europe: You’re Next - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 🇺🇸 #Europe’s Shaky Union Faces #Trump’s #G7 Stress Test - Bloomberg
*Link: bloom.bg/30l1Gbb

🇪🇺 🇺🇸 The leaked plans would arm the EU with new tools to slap unilateral tariffs on American goods - Politico
*The EU would use a so-called draft “Enforcement Regulation” if the Trump administration succeeds in its efforts to grind the #WTO to a halt.

https://twitter.com/C_Barraud/status/1164780284845285376

🇺🇸 🇪🇺 #Trump Says U.S. `Very Close' to Possible #Trade Deal With EU - Bloomberg (citing #G7 conference)
*Trump says the U.S. is “very close” to a possible deal with EU because the bloc doesn’t want a 20%-25% tariff on automobiles it sells in America.

https://twitter.com/C_Barraud/status/1165875551430742017

🇪🇺 🇺🇸 #Trade negotiations between the United States and Europe will be difficult but the global economic downturn increases the chances for the parties to reach a deal, German Economy Minister Peter Altmaier said on Tuesday - Reuters
uk.reuters.com/article/uk-ger…

🇪🇺 🇺🇸 🇨🇳 *EU'S MALMSTROM SPEAKS IN INTERVIEW ON BLOOMBERG TV
*MALMSTROM: NO PROGRESS WITH U.S. ON INDUSTRIAL GOODS PACT
*WE HOPE U.S. WILL EXTEND #AUTO TARIFF DECISION
*WOULD BE GOOD TO HAVE SETTLEMENT ON AIRBUS-OEING
*EU-U.S. SHOULD FIND A COMMON #TRADE APPROACH ON #CHINA

🇺🇸 🇪🇺 #Trump poised to hit EU with billions in tariffs after victory in #Airbus case - Politico
*Four EU officials told POLITICO that the World Trade Organization ruled in favor of the U.S.
*Link: politi.co/2mh73cv

🇺🇸 🇪🇺 #WTO #Airbus | Next #Trump Tariffs May Soon Hit #Europe’s #Luxury-Goods Exporters - Bloomberg
*Link: bloom.bg/2miaFem

🇺🇸 🇪🇺 Gordon Sondland, the U.S. ambassador to the EU, branded comments about Donald #Trump from incoming #Trade Commissioner Phil Hogan “unhelpful” and “very condescending.” - POLITICO’s EU Confidential podcast
politico.eu/podcast/eu-con…

🇺🇸 🇪🇺 Sondland warned of the dangers of “someone handling the EU #trade portfolio whose sole approach is belligerence.” - POLITICO’s EU Confidential podcast

https://twitter.com/C_Barraud/status/1173485129731387392

🇺🇸 🇪🇺 #Trump Cleared to Put More Tariffs on #Europe in #Airbus Case - NYT
*#WTO ruling will be published in the week of Sept. 30❗
nytimes.com/2019/09/16/bus…

🇪🇺 🇺🇸 Ms. Malstrom also said Monday that negotiations on a free-trade agreement with the United States had stalled - NYT

https://twitter.com/C_Barraud/status/1173596197958901761

🇫🇷 🇪🇺 🇺🇸 FRENCH FINANCE MINISTER SAYS THERE IS A RISK OF U.S. SANCTIONS IN #WTO CASE OVER AIRBUS AND BOEING - CNBC

*WE COULD RETALIATE IF U.S. SANCTIONS AIRBUS: LE MAIRE - BBG

🇺🇸 🇪🇺 #WTO | Et si #Airbus ne pouvait plus vendre d'avions aux Etats-Unis ? - Les Echos
lesechos.fr/industrie-serv…

🇺🇸 🇪🇺 U.S. Considers Way to Heighten #Airbus Tariff Pain for the #EU - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 🇪🇺 ✈ #WTO to back around $7.5 bln U.S. tariffs on #EU over #Airbus aid -sources - Reuters
reuters.com/article/wto-ai…

🇺🇸 🇪🇺 ✈ #WTO #Airbus #EU | The amount is close to the $8B reported earlier by Bloomberg.
bloomberg.com/news/articles/…

🇺🇸 🇪🇺 ✈ Record U.S. tariff award over #Airbus aid could fuel #trade tensions - Reuters
uk.reuters.com/article/us-wto…

🇺🇸 🇪🇺 ✈ U.S. Wins $7.5 Billion Sanctions Against #EU in #WTO #Aircraft Fight - Bloomberg
*The new tariffs can take effect after the WTO adopts the report, which is expected to happen at a meeting in Geneva this month.
*Link: bloom.bg/2nPHJeM

🇺🇸 🇪🇺 ✈ #WTO (1) | In my opinion, U.S. action is positive (compared to expectations) to the extent that:

1/ Nothing suggests that U.S. duties will breach the WTO limit ($7.5B worth of 🇪🇺 exports annually)

🇺🇸 🇪🇺 ✈ #WTO (2) | 2/ Although USTR has the authority to apply a 100% tariff on affected products, the tariff ⬆ will be only limited to 10% on large civil aircraft.

3/ The new U.S. list does spare some #Airbus parts including sections of fuselage, used to assemble A320s.

🇺🇸 🇪🇺 ✈ #WTO (3) | 4/ The U.S. removed leather goods from its original proposed list -- among other items -- sparing luxury labels such as Givenchy and Louis Vuitton.
*Link (list): bit.ly/2nY5C3J

🇺🇸 🇪🇺 ✈ #WTO (4) | 5/ Even if the U.S. said it has the authority to change the products affected (“carousel approach”), there is nothing in the statement that confirms the U.S. will implement this option immediately.
*Link (statement): bit.ly/2o5NrJF

🇺🇸 🇪🇺 ✈ #WTO (5) | 6/ USTR officials highlighted that the U.S. will enter into negotiations with the European Union aimed at resolving this issue.
*Link: bloom.bg/2nPHJeM

🇺🇸 🇪🇺 ✈ #WTO (6) | I don’t think that #Europe will retaliate outside the WTO framework. The EU will only retaliate when the WTO rules early next year on the bloc’s dispute over U.S. subsidies to Boeing (offering room for negotiations).

🇪🇺 🇺🇸 #WTO | The European Union signaled it wouldn't immediately retaliate against new U.S. tariffs, seeking to avoid a broader #trade war - WSJ
*Link: on.wsj.com/30O0vQZ

https://twitter.com/C_Barraud/status/1179648528395702272

🇪🇺 🇺🇸 EU #Trade Commissioner Still Hopes to Talk U.S. Out of New Tariffs
bloomberg.com/news/articles/…

🇪🇺 🇺🇸 EU antitrust chief signals further clampdown on US #tech - FT
ft.com/content/427481…

🇺🇸 🇪🇺 ✈ #WTO | #EU Seeks to Halt U.S. Tariffs Over #Airbus Aid in Last-Gasp Plea - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 🇺🇸 EU set to announce anti-trust measures against chipmaker Broadcom - FT
ft.com/content/652d2d…

🇺🇸 🇪🇺 Wilbur Ross looks to negotiations to ease #trade dispute with EU - FT
ft.com/content/d46e03…

🇪🇺 🇺🇸 Margrethe Vestager eyes toughening ‘burden of proof’ for Big #Tech - FT
ft.com/content/24635a…

🇺🇸 🇪🇺 U.S. May Not Need to Put Tariffs on European Cars, Ross Says - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 🇪🇺 #Trump May Extend EU #Auto Tariff Probe For Leverage - MNI
marketnews.com/content/mni-po…

🇺🇸 🇪🇺 #Auto (1) | The main reason that is likely to push #Trump administration to avoid implementing tariffs in Nov. (as it was also the case in May) is that global motor industry has already been under heavy pressure.

https://twitter.com/C_Barraud/status/1191997782237810689

🇺🇸 🇪🇺 #Auto (2) | Latest satistics (Oct.) showed that sales contracted on a YoY basis in 🇺🇸 🇨🇦🇦🇷 and particularly in 🇯🇵 (post sales tax hike).
*Over the same period, my proxies also point to downward pressures in 🇨🇳 and 🇮🇳.

🇺🇸 🇪🇺 #Auto (3) | Due to the potential impact on global value chains (see IMF study ⬇) and therefore negative consequences on global GDP in 2020, the #Trump administration is likely to wait (for now).

🇪🇺 🇺🇸 Juncker says #Trump won't impose tariffs on European cars: Sueddeutsche - Reuters
reuters.com/article/us-usa…

🇺🇸 🇪🇺 *POMPEO: IDEAL TRADE WITH EU WOULD BE WITHOUT TARIFFS - BBG

🇺🇸 🇪🇺 #Trump expected to delay auto tariff decision for 6 more months - Politico
politico.com/news/2019/11/1…

🇺🇸 🇪🇺 #Trump Expected to Delay Tariffs on Imported European Vehicles - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 🇺🇸 The decision was also confirmed by Reuters (citing EU officials)
uk.reuters.com/article/uk-usa…

🇪🇺 🇺🇸 EU hits back at #Trump tariffs: Brussels rejects US bid for immediate concessions - Express
express.co.uk/news/world/120…

🇺🇸 🇪🇺 🌎 *TRUMP SAYS DECISION COMING `FAILY SOON' ON AUTO TARIFFS - BBG

🇪🇺 🇺🇸 *MALMSTROM CALLS U.S. HOLDING FIRE ON CAR TARIFFS `GOOD NEWS' - BBG

🇪🇺 🇺🇸 #Trump weighs new trade investigation to justify tariffs on #EU - Politico
politico.com/news/2019/11/2…

🇺🇸 🇪🇺 #Trump can no longer impose 'Section 232' #auto tariffs after missing deadline: experts - Reuters
reuters.com/article/us-usa…

🇩🇪 🇪🇺 🇺🇸 German exports to United States jump despite #trade tensions - Reuters
uk.reuters.com/article/uk-ger…

🇪🇺 🇺🇸 The European Commission published today its proposal for an EU-U.S. agreement on conformity assessment for industrial products, in line with its commitment to enhanced transparency in #trade negotiations.

https://twitter.com/MalmstromEU/status/1197876008273293312

🇪🇺 🇺🇸 #EU Ups the Steaks With Bigger U.S. Share of #Beef Quota - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 🇪🇺 ✈ U.S. May Increase Tariffs After #WTO Rejects EU Claims Over #Airbus - NYT
*USTR link: bit.ly/2P9eVaG
nytimes.com/reuters/2019/1…

🇪🇺 🇺🇸 EU starts new preliminary probe into Google and Facebook’s use of data - CNBC
cnbc.com/2019/12/02/eur…

🇺🇸 🇪🇺 🌎 U.S. has not ruled out imposing tariffs on imported #autos: Commerce chief - Reuters
reuters.com/article/us-usa…

🇺🇸 🇩🇪 🇪🇺 #Trump threatens to punish #Germany over military spending - Politico
politico.eu/article/donald…

🇺🇸 🇪🇺 US weighing 100% tariffs on more EU products including whiskies and Cognac, according to documents - CNBC
cnbc.com/2019/12/13/ust…

🇺🇸 🇩🇪 #GERMANY'S BILD NEWSPAPER CITES GERMAN ECONOMY MINISTRY DOCUMENT SAYING GERMAN GOVT EXPECTS BILL ON U.S. SANCTIONS FOR NORDSTREAM 2 TO BE SIGNED ON 20 DEC AT LATEST - RTRS

🇺🇸 🇪🇺 Robert Lighthizer says #Trump ‘focused’ on #EU #trade - FT
ft.com/content/3b2b24…

🇩🇪 🇷🇺 🇺🇸 Merkel rules out retaliation after U.S. sanctions Russian gas pipeline - Reuters
reuters.com/article/us-usa…

🇪🇺 🇺🇸 *EU #TRADE CHIEF PHIL HOGAN PLANS WASHINGTON VISIT ON JAN. 14-16 - BBG

🇪🇺 🇺🇸 *EU #TRADE CHIEF PHIL HOGAN COMMENTS IN LE FIGARO INTERVIEW - BBG
*EU PRIORITY IS TRADE RELATIONSHIP WITH THE U.S.: HOGAN
*Link (French): lefigaro.fr/conjoncture/ph…

🇪🇺 🇺🇸 #EU trade chief seeks to ease tensions with Washington - FT
ft.com/content/f1c473…

🇪🇺 🇺🇸 *HOGAN: THERE WON'T BE UNITY ON #TRADE IN THE SHORT-TERM - BBG
*HOGAN: TRUMP THINKING ABOUT SHORT-TERM BETWEEN NOW AND ELECTION

🇪🇺 🇺🇸 🇨🇳 #EU TRADE COMMISSIONER HOGAN SAYS WE CAN'T TELL #HUAWEI THAT IT CAN'T COME INTO THE EU - RTRS

🇺🇸 🇪🇺 #Trump’s Next Trade Fight Could Be With #Europe - NYT
nytimes.com/2020/01/16/bus…

🇪🇺 🇨🇳 🇺🇸 #EU Won’t Recommend Banning #Huawei in Upcoming #5G Risk Rules - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 🇪🇺 #TRUMP: WE URGE #EUROPE TO USE U.S. VAST ENERGY SUPPLY - BBG

🇺🇸 🇪🇺 *#Trump Says 'Absolutely Serious' About Imposing Tariffs on European #Cars if He Can't Strike Deal With Europe - DJ

🇺🇸 🇪🇺 #Trump Doubles Down on Threats to Impose Tariffs on European Cars - WSJ
wsj.com/articles/trump…

🇺🇸 🇪🇺 #Trump Sees ‘Big Trade Deal’ With #EU as Von der Leyen Urges Focus - Bloomberg
bloomberg.com/news/articles/…

🇺🇸 🇮🇹 🇬🇧 Mnuchin Warns U.K., #Italy Over Digital-Tax Plans - WSJ
wsj.com/articles/mnuch…

🇺🇸 🇪🇺 #Trump Gets DOJ’s Nod to Keep #Auto-Tariff Report Under Wraps - Bloomberg
bloomberg.com/news/articles/…

🇪🇺 🌎 🇨🇳 🇺🇸 *EU PLANS ON #5G RISK MITIGATION IN `TOOLBOX' SEEN BY BLOOMBERG - BBG
*EU TO TOUGHEN SCREENING OF FOREIGN INVESTMENT IN 5G SUPPLIERS
*EU MAY EXCLUDE 5G SUPPLIERS FROM KEY ASSETS: INTERNAL DOCUMENT
*EU MAY APPLY RESTRICTIONS ON `HIGH RISK' 5G SUPPLIERS: DOCUMENT

🇪🇺 🇺🇸 European Commission chief von der Leyen may visit Washington next month - EU ambassador - Reuters
uk.reuters.com/article/uk-usa…

🇺🇸 🇪🇺 🇬🇧 After #China #trade deal, Europe and UK next on Trump's to-do list - Reuters
*Link: reut.rs/36nP8C5

🇺🇸 🇪🇺 #Trump claims the EU has ‘no choice’ but to agree a new #trade deal - CNBC
cnbc.com/2020/01/22/tru…

🇪🇺 🇺🇸 #Europe Girds for Trade Battle With U.S. - WSJ
wsj.com/articles/europ…

🇺🇸 🇪🇺 *ROSS: HOPE TO GET EU DEAL IN 2020, MORE COMPLICATED THAN CHINA - BBG

🇺🇸 🇪🇺 U.S. #Auto Tariffs Still Option If Protectionism Stays, Ross Says - Bloomberg
bloomberg.com/news/articles/…