IMPACT OF A TRADE WAR WITH THE EU

Imposing restrictions on steel imports would have severe consequences for the EU. The European Steel Association considers the U.S. a key market, accounting for most European steel exports outside the EU. Steel has long been a strategically important industry in the EU, one that has fostered innovation, sparked economic growth and employed a lot of people. A, increase in tariffs would mean fewer exports to the U.S. and a potential cut on production for European plants.

HOW MUCH DOES GOOGLE REALLY KNOW ABOUT YOU?

Google provides a huge variety of services, many of which are free. Gmail, Google Drive and Google Hangouts can be used without paying a cent. Instead, pay by providing information about yourself, which Google can use for advertising. Though it started in search, the lion’s share of the company’s profits come from ads.

U.S. TECH GIANTS LOBBYING IN EUROPE

Source: Transparency International EU

Annual Budget and number of meetings with the European Commissioon since 2014

1. Microsoft: € 4.5 million, 84 high level meetings with the EC

2. Google: € 4.25 million, 153 high level meetings with the EC

3. Amazon: € 1.75 million, 33 high level meetings with the EC

4. Facebook: € 1.00 million, 68 high level meetings with the EC

5. Apple: € 1.00 million, 26 high level meetings with the EC

 

LOBBYING AND DIPLOMACY IN/ OF THE EU

Lobbying and diplomacy are activities aimed at representing certain interests in front of the decision-makers and the public of a political system ; at informing policy-makers and the public about certain policies, specific viewpoints, etc. ; at communicating these issues via formal and informal channels ; at influencing the formulation and implementation of policies ; and at building relationships.

STANDARD EU VAT RATES BY COUNTRY

 

  1. Luxembourg: 17%
  2. Malta; 18%
  3. Cyprus, Germany, Romania: 19%
  4. Austria, Bulgaria, Estonia, France, Slovakia, United Kingdom: 20%
  5. Belgium, Czech Republic, Latvia, Lithuania, Netherlands, Spain: 21%
  6. Italy, Slovenia: 22%
  7. Ireland, Poland, Portugal: 23%
  8. Finland, Greece: 24%
  9. Croatia, Denmark, Sweden: 25%
  10. Hungary: 27%

TIT-FOR-TAT PROPOSED EU TARIFFS LIST ON U.S. GOODS

The European Union is preparing punitive tariffs on iconic U.S. brands. Targeting 2.8 billion euros of American goods, the EU aims to apply a 25 percent tit-for-tat levy on a range of consumer, agricultural and steel products imported from the U.S. The list of targeted U.S. goods includes motorcycles (Harley-Davidson) jeans (Levi Strauss) and bourbon whiskey.

The European retaliatory list targets imports from the U.S. of

TAKEAWAYS FROM THE ITALIAN ELECTIONS

Source: VoteWatch Europe

U.S. TO SET TARIFFS ON STEEL AND ALUMINIUM IMPORTS

The Trump administration is to put tariffs on steel and aluminum products of 25% and 10% respectively.

Steel Sources (Percent of total Volume)

  1. Canada: 16%
  2. Brazil: 13%
  3. South Korea: 10%
  4. Mexico: 9%
  5. Russia: 9%
  6. Turkey: 7%
  7. Japan: 5%
  8. Taiwan: 4%
  9. Germany: 3%
  10. India: 2%

Aluminum Products Sources (Percent of total Volume)

ABOUT THE ITALIAN ELECTIONS

The 2018 Italian general election is due to be held on 4 March 2018.Voters will elect the 630 members of the Chamber of Deputies and the 315 elective members of the Senate of the Republic for the 18th legislature of the Republic of Italy, since 1948. The election will take place concurrently with the Lombard regional election and the Lazio regional election.

What are the main parties?

More than 20 parties are in the ring, but Italian voters are largely split into three political camps, according to recent polls.

TIME TO MOVE FORWARD IN WORKING CONSTRUCTIVELY WITH RUSSIA

Despite it being more than a quarter century since the collapse of the erstwhile Soviet Union, the U.S. and its allies have rarely shown appetite in building a good relationship with the Russian Federation. They have, to the contrary, only fostered a greater sense of insecurity in the minds of Moscow through the expansion of their military power, to the point that there is direct weaponry targeting Russia.

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