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In the News: Export Controls, Farm Trade Aid, EU-UK Deal

Thursday, February 27, 2020
Sandler, Travis & Rosenberg Trade Report

Trump voices opposition to proposed export controls

“‘The United States cannot, & will not, become such a difficult place to deal with in terms of foreign countries buying our product, including for the always used National Security excuse, that our companies will be forced to leave in order to remain competitive,’ Trump said in a series of tweets.”

[Xinhua]

More aid to farmers possible if overseas purchases lag

“Only a day earlier, Perdue said that he didn’t anticipate another round of trade aid payments to farmers and that he expected China to ramp up purchases later this year as disruptions from the coronavirus outbreak subside.”

[Bloomberg]

EU Council gives go-ahead for UK talks to start and adopts negotiating directives

“The EU intends to establish a free trade agreement with the UK which ensures that zero tariffs and quotas apply to trade in goods. This agreement should provide for cooperation on customs and regulatory aspects. It should also include effective management and supervision, dispute settlement and enforcement arrangements.”

[European Council]

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