How is the IPEF different from traditional trade agreements?

Fantastic slide by Jennifer Hillman showing the procedural, substantive, and motivational differences.

First off, USTR is being sidelined by the Department of Commerce

#QueensTrade

Brexit law

Proposed EU law on legal framework for trade retaliation re the UK

Table showing the positions of the Commission, Council and European Parliament for upcoming negotiations - data.consilium.europa.eu/doc/document/S…

The EU and the US will discuss EU concerns regarding the Inflation Reduction Act. See the press statement. 👇 👇👇 Launch of the US-EU Task Force on the Inflation Reduction Act ec.europa.eu/commission/pre…

Word reaching me that the Ngozi Okonjo-Iweala has officially announced that Ralph Ossa is the new WTO chief economist. Congratulations Ralph! Superb choice. Richard Baldwin Robert Koopman Anabel Gonzalez Bernard Hoekman Chad P. Bown Simon Lester Douglas Irwin Dmitry Grozoubinski

We have a date! We look forward to our next 🇪🇺-🇺🇸 Trade & Technology Council on Dec. 5th & delivering real trade benefits for people & companies. 

Good #TTC prep meeting with Secretary Antony Blinken, Secretary Gina Raimondo, Ambassador Katherine Tai & Margrethe Vestager, incl. on the Inflation Reduction Act.

No. David Kleimann

We still don’t know??!

'China is losing more manufacturing to Vietnam, Malaysia, Bangladesh, India, & Taiwan. Exports in furniture, apparel, footwear, travel goods & handbags, minerals, & science and technology are all declining. China’s ‘Zero Covid’ policy is a big factor' cnbc.com/2022/10/20/chi…

Dominoes #ECT are starting to fall. Germany should join the list and start a coordinated EU withdrawal. Would be decisive step to end the protection of fossil fuels and end shady investment tribunals where private interests trump the public interest. Debate in INTA Committee Press on Monday

Re-upping yesterday's interview on US IRA EV tax credits The World with Marco Werman and yours truly. Many thanks to Joshua Coe for only informing me *afterwards* that this would go out to 300 radio stations and 3 million listeners in North America 😉
theworld.org/media/2022-10-…

We’re all Russia 😢

🧵by Sabine Weyand on the #EnergyCharterTreaty . The modernised agreement revises the ECT's approach on right to regulate, in line with EU investment agreements, ensuring that the EU and MS (and other ECT members) can be ambitious in setting their level of climate change action

Yet another contribution on climate clubs/CBAMs! New working paper from me on 'Climate equivalence and international trade' The Robert Schuman Centre: cadmus.eui.eu/handle/1814/74…