Update on the Russian Oil Price Cap: Deadlock on the “Price”

On, 25 November, EU officials have again failed to reach consensus on the price for Russian oil that would allow an exemption  from the EU ban on using its services to transport and sell Russian seaborne crude (aka the G7 price cap). Officials have agreed to resume talks next week, a week out from the 5… Continue reading Update on the Russian Oil Price Cap: Deadlock on the “Price”

U.S. Trade: Bark Starting to Bite?

This week, President Trump announced plans to introduce new tariffs for selected steel and alumnium goods, using the justification of the Section 232, the national security exemption. The move, set to be implemented next week, was swiftly condemned by a wide range of U.S. trading partners, including Canada, Mexico and South Korea, several of whom are… Continue reading U.S. Trade: Bark Starting to Bite?