Against a backdrop of growing commercial tension, fuelled by the USA's isolationist and protectionist tendencies, the heads of state or government of the EU are expected, at the European Council of 28 and 29 June, to reaffirm their support for the multilateral trade system governed by the WTO, whilst calling for the institution to be reformed and new rules drawn up, for instance on industrial subsidies.
“The EU has the opportunity to demonstrate the need to update the WTO rules and to...