This Week in Trade #9: G7 vs Overcapacity, US Tariffs & EU Deforestation Changes

<p>⚠️ Trade tensions are escalating again. The G7 is targeting industrial overcapacity, US tariff battles are back in court, and the EU is rewriting key supply chain compliance rules.</p><p>Welcome to This Week in Trade #9, your quick, curated briefing on the global trade developments shaping markets, supply chains, and international economic policy.</p><p>This week, we unpack the outcomes of the G7 trade summit in Paris, where ministers coordinated new approaches on critical minerals, non-market policies, WTO reform, and cross-border e-commerce. We also cover a major US court ruling on Section 122 tariffs, the launch of the USTR’s four-year review of China tariffs, rising US-EU automotive tensions, and proposed changes to the EU Deforestation Regulation (EUDR).</p><p>Meanwhile, New Zealand and Singapore sign the world’s first legally binding supply chain resilience agreement, and Costa Rica moves one step closer to joining the CPTPP.</p><p><br></p><p>📌 This week’s key stories:<br>• G7 targets overcapacity and unveils critical minerals toolkit<br>• US court rules Section 122 tariffs illegal, appeal already underway<br>• USTR launches four-year review of China Section 301 tariffs<br>• EU-US Turnberry deal stalls amid auto tariff threats<br>• EU proposes EUDR simplifications and product scope changes<br>• New Zealand and Singapore sign supply chain resilience agreement<br>• Costa Rica completes CPTPP accession negotiations</p><p><br></p><p>💡 Key takeaway:<br>Trade policy is becoming increasingly interventionist, strategic, and supply chain-focused, with governments using tariffs, industrial policy, and regulatory tools to secure economic resilience and competitive advantage.</p><p><br></p><p>⏱️ Timestamps:<br>00:00 Top Stories Preview<br>00:32 G7 Summit Takeaways<br>01:44 US Tariff Court Ruling<br>02:27 Section 301 Review Window<br>02:50 EU-US Deal Stalls<br>03:17 EUDR Compliance Changes<br>04:20 New Trade Agreements<br>04:56 Wrap Up and Feedback</p><p><br></p><p>🤝 This briefcast builds on the weekly trade insights curated by George Riddell</p><p>🔗 Follow George on LinkedIn:<br><a href="https://www.linkedin.com/in/griddell">https://www.linkedin.com/in/griddell</a></p><p>🌐 Explore more from the Geneva Trade Platform:<br><a href="https://genevatradeplatform.org/">https://genevatradeplatform.org</a></p><p>🔗 Follow the Geneva Trade Platform on LinkedIn:<br><a href="https://www.linkedin.com/company/geneva-trade-platform">https://www.linkedin.com/company/geneva-trade-platform</a></p><p>📩 Have feedback or topics you’d like us to cover? Let us know in the comments.</p><p>🔔 Subscribe for weekly updates on global trade, WTO developments, supply chains, and international trade policy.</p><p></p>