Lucian Cernat

Tulip 🌷 bubble: the 17th century Dutch bitcoin. One bulb was worth a house in 1636.

#tradeXpresso: chart of the week- the importance of services trade in the spotlight today in Brussels, thanks to the EU Services Forum!

A tale of five countries and five modes of supply:

ecipe.org/blog/the-big...

Key takeaway: the EU has the highest share of #Mode5services!

Trade Policy 3.0: Three Scenarios for Tomorrowland Global trade policy is at a crossroads. For decades, trade liberalisation was guided first by macroeconomic principles – Trade Policy 1.0 – and later by firm-level insights and global value chain

#tradeXpresso: Global trade policy is at a crossroads. A new paradigm –Trade Policy 3.0– is emerging, based on resilience, economic security, geopolitical rivalries and weaponised dependencies.

New ECIPE brief🧾: How will trade policy evolve in Tomorrowland?

ecipe.org/publications...

#tradeXpresso: in Seoul these days trying to capture the complexity of global regulatory issues affecting world trade. In one chart.

Great engagement from Korean counterparts for stronger cooperation and trade facilitation initiatives, including new trade “mini-deals”!

ecipe.org/publications...

#tradeXpresso: in Seoul these days trying to capture the complexity of global regulatory issues affecting world trade. In one chart.

Great engagement from Korean counterparts for stronger cooperation and trade facilitation initiatives, including new trade “mini-deals”!

ecipe.org/publications...

Chart of the week: the pin art 🖼️ of the trade deal revealed! ecipe.org/publications...

I may need to redo this with taller 📌 for some pharma products!

#tradeXpresso: tariffs are simple till they aren’t. Have a look at the U.S. tariff landscape:
ecipe.org/publications...

Interesting observation but there is one important difference though: it’s usually much more difficult to prevent transshipment of exports than imports.

I am truly impressed by how much people read during holidays.

Good job 👍 everyone on ResearchGate!

#tradeXpresso: perfect timing for a new “mini-deal” that will facilitate trade between the European 🇪🇺 Union and Canada 🇨🇦.

lnkd.in/eCUty6VB

Still not sure how important are mini-deals for EU exporters? Check this out: ecipe.org/publications...

#tradeXpresso: I guess establishing the new US tariff rate applicable to some products (and their origin) might drive a few people 🛃 nuts 🌰 🥜 !

Well, I am in charge of the trade in goods 📦. So, yeah, I guess I am in charge of #Mode5Services as well! kluwerlawonline.com/journalartic...

5. The launch of the #Procurement4Buyers in 2025, a tool facilitating the implementation of all our international procurement rules: webgate.ec.europa.eu/procurementb...

Special thanks to Jakob Cornides for his lead on this important file!

4. The launch of the new #Access2Procurement tool in 2021, used by tens of thousands of EU companies interested in winning public contracts abroad: webgate.ec.europa.eu/procurement/...

3. The conclusion of several #FTAs with ambitious procurement chapters. Best outcome probably with New Zealand, kudos to @vangelisv.bsky.social for his commitment to a great FTA!

2. The imposition of the first #IPIMeasure in the MedTech sector: eur-lex.europa.eu/eli/reg_impl...

With special thanks to Lilia Petrova, the lead IPI investigator!

1. The adoption of the International Procurement Instrument #IPI in 2022, against all odds, after a decade of inter-institutional negotiations: eur-lex.europa.eu/eli/reg/2022...

#tradeXpresso: It's time for a new role at DG Trade. Starting a new position as Head of Trade in Goods, Tariff Negotiations, #TBT, Customs and #RoOs!

Wishing the best to my former #PublicProcurement dream team, with whom I shared a number of successes over the years: (1/x)

#tradeXpresso: big crowd at the Global Digital Collaboration #GDC25 event in Geneva!

Key trade topics today:
🔹cross-border interoperability
🔹traceability across global supply chains

It’s high time we walk the talk on trade and technology in Europe: ecipe.org/publications...

#tradeXpresso: EU experts are working hard with WTO partners to remove key #TBT barriers that significantly affect over € 40bn of EU exports. As in the past, successful multilateral cooperation continues behind the trade war headlines!

www.ceps.eu/ceps-publica...

Commission restricts Chinese participation in medical devices procurement The European Commission decided to exclude Chinese companies from EU government purchases of medical devices exceeding €5 million. This measure follows the conclusions of the first investigation under...

#tradeXpresso: the European Commission adopted the first measures under the International Procurement Instrument #IPI.

The measures will be legally applicable in 10 days from the date of publication.

ec.europa.eu/commission/p...

#tradeXpresso: three insights from a “trade and jobs” chart.
♦️The EU has the highest stakes in a functioning global trading system.
♦️1 in 20 jobs in Europe depends on transatlantic trade.
♦️ But RoW is 4x more important, so every trade deal counts!

ecipe.org/wp-content/u...

Great work by @lcernat.bsky.social showing how Trump's tariffs would be affected by the US Trade Court decision

Chart du jour: when it comes to US tariffs, nobody really knows anything (for sure).

But this is how US tariffs could look like if today's US Court of International Trade ruling will roll back tariffs prior to the Liberation Day.

Source: Based on the IMF-WTO Tariff Tracker.

At first sight, I almost assumed you sent this MFN from Cancun…

#tradeXpresso: chart du jour - currently applied #tariffs by the United States 🇺🇸.

Source: based on the IMF-WTO Tariff Tracker. Simple averages across all products. May 2025.

I am all in for #MUFC tonite!

#tradeXpresso: incognito.

No #tradeXpresso today.

Regulatory Cooperation Forum: Stakeholders debrief meeting The seventh annual meeting of the Regulatory Cooperation Forum (RCF) will take place in Brussels on Wednesday 14 May 2025. Established under the Canada-European Union (EU) Comprehensive Economic and T...

#tradeXpresso: if you hurry up, you still have time to register for the next CETA Regulatory Cooperation Forum with Canada 🇨🇦!

We have over 7️⃣0️⃣ 0️⃣0️⃣0️⃣ EU firms (most of them SMEs) that export to Canada and we want to reach out to all of EU!

policy.trade.ec.europa.eu/events/regul...