The EU’s New Economic Security
What the European Commission proposes is not rules-based trade but managed trade, with Commission technocrats pulling the strings to favour EU industrialization.
What the European Commission proposes is not rules-based trade but managed trade, with Commission technocrats pulling the strings to favour EU industrialization.
Carbon tariffs are a keystone of the EU’s “Fit for 55” package, but they may also herald a new era of protectionism and put strain on geopolitical relations.
The proposal seeks to eliminate the existing €150 limit on importing small goods free of charges, so European customers would have to pay both sales tax and customs duties on every item in the future.
Tesla is scoping out the potential to open a major electric car manufacturing facility at a disused French nuclear plant.
MEPs voted 537 to 42 in favour of the extension, which will come into effect June 6th and extend the suspension of EU tariffs on Ukranian goods for another year.
The plans to tie tariff rates to border control have unleashed fierce criticism of the EU from human rights groups.
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