The European Commission has launched a trade surveillance tool intended to protect the EU from sudden surges in imports.| Global Trade Review (GTR)
Two conflicting US court rulings on President Donald Trump’s use of emergency powers to impose tariffs have deepened uncertainty for businesses involved in global trade, experts say. On May 28, the Court of International Trade ruled that the Trump administration’s reliance on the International Emergency Economic Powers Act (IEEPA) for its authority to issue sweeping ...| Global Trade Review (GTR)
The United Kingdom has approved a £1.6bn export finance facility that will back the sale of air defence missiles to war-torn Ukraine.| Global Trade Review (GTR)
The European Commission says it wants to boost investments in overseas LNG projects to secure stable energy supplies, touting the benefits of the “Japanese model” that relies on state export finance institutions. But experts have queried how the EU would finance the strategy. The ambition is included in the Affordable Energy Action Plan, published last ...| Global Trade Review (GTR)
Battery maker Northvolt has filed for bankruptcy in Sweden after failing to secure additional financing or investment, souring a big bet by banks and export credit agencies (ECAs) on European EV battery production. A pioneer of green battery production in Europe, the company filed for bankruptcy protection in the US last year after running ...| Global Trade Review (GTR)