Finally, a WTO ruling on retaliatory tariffs against subsidies for Boeing sets the stage for a new round of negotiation. Most analysts agree that the current state of EU-US Trade is perilous – the ongoing COVID -19 crisis has exposed a underlying weakness in JIT supply chain management, and many companies are waiting on the results of the US Election to give them a reference point going forward. Meanwhile, Ursula von der Leyen has her hands full with a whole slew of Brexit-related challenges, including state aid rules, fisheries rights and prohibitions against Britain dumping little-regulated products on the huge EU market. Tennis anyone?

Read More:

https://www.reuters.com/article/us-wto-aircraft/wto-backs-eu-tariffs-on-4-billion-us-goods-over-boeing-subsidies-sources-idUSKBN26K3Q0

https://www.atlanticcouncil.org/blogs/new-atlanticist/relaunching-the-transatlantic-trade-agenda-a-european-perspective/

https://www.mhlnews.com/global-supply-chain/article/21143303/supply-chain-management-shifts-due-to-covid19