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Trade Wars - US, EU and China
Article 133 (ex-Article 113) - Article 133 of the EC Treaty allows the European Union to negotiate, conclude and implement trade agreements with other countries of the world. It is therefore at the foundation of the European Common Commercial Policy. It states that:
1. The common commercial policy shall be based on uniform principles.
2. The Commission is the negotiator, responsible for conducting trade negotiations on the basis of "directives for negotiation" given by the Council to guide the Commission in its work and decides ultimately, whether to adopt an accord.
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