TRADE in ACTION|Building a transatlantic marketplace

TRADE in ACTION

THIS WEEK IN TRADE
The G20 Summit is this week, and the stakes are high for all the attendees. For live coverage of the G20, follow along on Politico.

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Indian President Narendra Modi met with President Trump. The two leaders discussed expanding military cooperation and fixing the trade deficit. Meanwhile, three days of NAFTA hearings kicked off on Monday.

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THIS WEEK IN TRADE
In Europe, Brexit negotiations officially began on June 19th with the UK already making concessions on the timeline of the negotiations. The European Council met in Brussels with migration, security, and Brexit on the agenda. On the U.S. side, President Trump unveiled new restrictions on Cuban travel and business. 

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This week in TradeinAction: The United Kingdom's turbulent election results are in. A complete analysis of the UK's election results can be found here. The European Commission introduced a proposal allowing them to strip London of its right to handle certain financial transactions once they officially leave the European Union. On the US side, President Trump focused this week on apprenticeship programs. Read his speech here

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This week in TradeinAction: This week marked the 70th anniversary of the Marshall Plan which was the key transatlantic joint effort to rebuild Europe after of WWII. President Trump declared this week  "infrastructure week", while also making exploratory efforts on NAFTA discussions with Canada and Mexico. Meanwhile, the Organization for Economic Cooperation and Development (OECD) released its 2017 Global Economic Outlook, and is hosting its Ministerial Council Meeting in Paris on June 7-8.

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This week in TradeinAction: The 43rd G7 Summit has come to an end and President Trump and leaders around the world left the summit with key unresolved differences on trade, climate change, and defense, especially after the United States has announced to withdraw from the Paris Agreement. Here are the 5 main takeaways you should know about. United States: Current chief Republican trade counsel for the Senate Finance Committee, Everett Eissenstat, will fill the deputy director slot on the council which was vacated by soon-to-be Ambassador to India, Kenneth Juster.

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This week in TradeinActionOn the US side, Robert Lighthizer was sworn in as new USTR, President Trump met with President Santos of Colombia and President Recep Tayyip Erdogan of Turkey.

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This week in TradeinAction: Emmanuel Macron wins French presidency, routing Le Pen, Robert Lighthizer won Senate approval Thursday to become President Donald Trump’s top trade envoy, the G7 Finance Meeting starts today and European Trade Ministers meet in Council meeting to discuss Anti Dumping and Ukraine.

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This week in TradeinAction: Happy World Trade Month! On the US side, the new US government has passed its first 100 days in office and the Senate has passed a $1 trillion spending bill that would keep the government running until September. 

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