Renew Europe welcomes the announcement of the EU–Indonesia trade agreement, a major step forward for Europe’s global trade agenda. The deal will reduce tariffs, strengthen supply chains and open new opportunities for European businesses, while securing access to critical raw materials. Renew Europe MEP Bart Groothuis, spokesperson on EU–Indonesia trade, reacted: "The new EU–Indonesia trade agreement is a significant breakthrough: it will greatly reduce tariffs, save European exporters around 600 million euros a year, and open a fast-growing market while securing access to critical raw materials like cobalt, copper and tin." MEP Marie-Pierre Vedrenne, Renew Europe coordinator for the Committee on International Trade, emphasised: "By concluding an agreement with Indonesia today, Europe is reaffirming its choice of cooperation over coercion, contrary to what some would like to impose. This strategic partnership, based on mutual commitments, illustrates once again that it is possible to combine influence and respect, despite the demands that this entails." Read full PR 👉 https://lnkd.in/dtygyqk2
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🇲🇽🇪🇺Mexico and the European Union (EU) will sign the Modernized Global Agreement in February 2026, formerly known as the Free Trade Agreement between Mexico and the European Union (FTA EU–Mexico). After negotiations concluded on April 28, 2020, the review of the updated agreement texts began in July 2025. The modernization of the FTA EU–Mexico includes: new chapters on investment, digital trade, trade facilitation, expanded agricultural market access, regulatory harmonization, tariff elimination, inclusion of SMEs, transparency, and good practices.The updated version of the agreement consists of two parts: a Modernized Global Agreement (which includes a political and cooperation pillar and a trade and investment pillar) and an Interim Trade Agreement, which covers only the trade components of the modernized Global Agreement that fall under the exclusive competence of the European Union. During a forum organized by the Euroamerica Foundation and the European Union in Mexico City, the Deputy Minister of Foreign Affairs, María Teresa Mercado Pérez, announced that the signing ceremony will take place in the Mexican capital in February 2026.The signing will occur within the framework of a bilateral summit, where an investment portfolio under the Global Gateway will also be presented. Among the changes, Mexico will eliminate nearly all remaining tariffs on imports from the European Union and certain technical barriers to trade. The Permanent Representative of Mexico to the European Union, Rogelio Granguillhome, stated that the changes will extend tariff elimination to 86% of Mexican agricultural goods immediately, with another 10% to be phased out over the next seven years. More Mexican geographical indications will also be recognized, such as Papantla vanilla, Ataúlfo mango, and Morelos rice, among others.In 2024, trade between the European Union and Mexico was estimated at over €82 billion, of which approximately €53 billion corresponded to European exports and around €29 billion to Mexican sales.
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In this interesting piece, "The global race for free trade agreements since Trump's return", Blenkinsop (Reuters) shares some updates on trade negotiations led by different players, such as the EU, Mercosur, and India, among others. Well, it is no surprise that countries are seeking alternative markets for their imports and exports in light of the current geopolitical and economic context (tariffs, not-so-transparent deals, and so on). More recently, Brazil's Foreign Trade Chamber approved negotiating mandates for preferential trade agreements with Indonesia and Vietnam, and it also authorised negotiators to expand the current trade agreement in force with India. In the meantime, the EU is moving forward with the Philippines, Thailand, Australia, Malaysia and the United Arab Emirates. It is an opportunity for businesses to present their concerns and interests to their respective governments and authorities, becoming an integral part of these discussions. https://lnkd.in/ejrar2N2
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Nearly half of U.S. companies operating in Europe now expect declining transatlantic economic relations, according to a recent survey by the American Chamber of Commerce to the European Union (AmCham EU). This reflects an improvement from January when 89% of companies feared deterioration, signaling some optimism following the July trade agreement aimed at reducing EU tariffs on American goods, though U.S. tariffs on many EU products remain at 15%. Despite the trade deal's positive reception as a means to avoid major damage to transatlantic trade and investment, concerns persist. A majority of companies still foresee adverse impacts from policy directions in Washington (60%) and Brussels (56%), highlighting ongoing challenges around tariffs, regulatory barriers, and policy uncertainty that could affect trade dynamics in the near term. The survey also underscored priorities for businesses to focus on tariff reductions and better regulatory cooperation, including tackling non-tariff barriers around deforestation and supply chain standards. #TransatlanticTrade #EconomicOutlook #USEurope #TradePolicy #Tariffs #BusinessStrategy #GlobalMarkets #RegulatoryChallenges
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Category 4: Trade Agreements Romania and EU Free Trade Agreements As an EU member, Romania benefits from the EU’s extensive network of free trade agreements. These agreements eliminate or reduce tariffs, streamline customs, and protect intellectual property rights. Exporters and importers must follow the rules of origin and documentation requirements to benefit from preferential treatment. Romania and WTO Membership Romania joined the WTO in 1995, committing to its trade rules. Membership ensures transparency, reduces trade barriers, and provides mechanisms for dispute resolution. Romania aligns tariffs, subsidies, and import/export regulations with WTO standards, facilitating predictable and fair international trade. Bilateral Trade Agreements with Non-EU Countries Beyond EU agreements, Romania participates in bilateral treaties with countries like Turkey, Israel, and Canada. These agreements often focus on reducing tariffs, investment protection, and technical cooperation. Businesses exporting to these countries should verify documentation and product eligibility for preferential treatment. Impact of Trade Agreements on Romanian Businesses Trade agreements increase market access, reduce costs, and enhance competitiveness for Romanian companies. They encourage foreign investment, promote standards compliance, and create opportunities for small and medium-sized enterprises. However, businesses must navigate regulatory differences and legal obligations to avoid violations. Dispute Settlement under Trade Agreements Trade agreements include mechanisms for resolving disputes, usually through arbitration panels, consultation, or WTO procedures. Romania can use these channels to challenge unfair trade practices or resolve conflicts. Understanding dispute mechanisms helps businesses mitigate risks in international trade.
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The Impact of Tariffs on Investment into the US: FT Locations debuts fDi Markets’ new tariff feature in this blog, demonstrating how it tracks shifting corporate strategies and sectoral responses. With trade tensions rising, questions remain about the longer-term impact on global investment patterns. It’s becoming apparent that global companies’ international investment strategies are changing to become more favorable in line with the US tariffs. US outward investments are also being cancelled as international announcements are becoming increasingly unviable. https://lnkd.in/ggSPshKq
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September 24: Sam Rikkers Global Markets in a Time of Tariffs: Lessons from Recent WI Trade Missions 🌎 --submitted by Eric Krieghoff Sam Rikkers, Deputy Secretary/COO of the Wisconsin Economic Development Corporation, has been with WEDC for over 6 years now; their mission at the WEDC is to build an economy that works for all Wisconsinites. Highlights from his presentation include: It’s tough to make investment decisions from foreign companies right now with the uncertainty around the U.S. trade policy. If we can get companies to Wisconsin, we can get them to continue to invest and expand here. WI and Japan have a great trade partnership. WI is Japan’s largest provider of FDI (Foreign Direct Investment). Some great start-ups here in WI include Bee-Bella in Oshkosh (hand-crafted bees wax products), and Great Dane Brewing Company (the owner actually works in the kitchen at Great Dane). Despite the uncertainty, Wisconsin continues to engage with our country-partners such as the state of Hessen, located in Germany. WI has a sister-state partnership with Hessen. A ‘sister-state’ partnership is a long-term partnership – in this case trade and business – between two communities in two countries. If you missed the program, you can watch it here: https://lnkd.in/gs_vNmvG
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Outokumpu welcomes the Commission's proposal to protect the EU steel sector from unfair impacts of global overcapacity. The proposal will: ▶️Reduce tariff free import volumes by 47% ▶️Increase outside quota customs tariffs to 50% ▶️Introduce "Melted and Poured" requirement to prevent circumvention (so the origin of steel is the place where it was melted and poured, regardless where it was further processed) https://lnkd.in/ervzwsFW
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Indonesia and EU seal trade deal Indonesia and the European Union concluded a free trade agreement yesterday after nine years of talks, with both aiming to boost exports and investment and to offset the impact of US President Donald Trump’s tariffs. Both sides will remove import duties on more than 90 per cent of products, most of them as soon as the deal enters force, with the rest, including Indonesia’s 50pc duty on EU cars, phased out over five years. Indonesia says it expects bilateral trade, worth $30.1 billion for goods in 2024, to double in the first five years. Read: https://lnkd.in/e9V8EpAR
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The EU is proposing bolstering trade protection for its steel industry, a move that will have significant implications for both consumers and exporters, including Free Trade Agreement partners. For more details and insights, check out the summary and reflections provided in the link below: https://lnkd.in/eKwbkcbj
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Indonesia and EU seal trade deal Indonesia and the European Union concluded a free trade agreement yesterday after nine years of talks, with both aiming to boost exports and investment and to offset the impact of US President Donald Trump’s tariffs. Both sides will remove import duties on more than 90 per cent of products, most of them as soon as the deal enters force, with the rest, including Indonesia’s 50pc duty on EU cars, phased out over five years. Indonesia says it expects bilateral trade, worth $30.1 billion for goods in 2024, to double in the first five years. Read: https://lnkd.in/eJ75krRV
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