U.S. President Donald Trump escalated his criticism of India on Sept. 1, dismissing New Delhi’s offer to cut tariffs on American products to zero as “too late” and blasting decades of what he called a “one-sided disaster” in trade.
President Donald Trump has extended a temporary suspension of tariffs on Chinese imports for another 90 days, averting — for now — a potential escalation in the trade war between the world’s two largest economies.
Fearing a world war, U.S. President Joe Biden said Friday his country would not intervene militarily against Russia in Ukraine, as Russian forces stepped up their bombardment across Ukraine.
The European Union and the United States have reached an agreement to rein in tit-for-tat tariffs that date back to the Trump administration, officials announced on Saturday.
While it is not known when post-Brexit Britain will be able to sign a full and comprehensive free trade deal with the United States, Boris Johnson hopes to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) partnership in 2022, Reuters reports.
The United States and the European Union have resolved their near 17-year conflict over aircraft subsidies, Worthy News learned Tuesday.
Britain will next week formally apply to join a trans-Pacific trading bloc of 11 countries, with negotiations set to start later this year, the government has said.
Britian and the European Union avoided a messy divorce on Christmas Eve as they agreed on a trade deal worth nearly $1 trillion.
Post-Brexit trade talks between Britain and the European Union remained grid-locked Sunday evening, even as there remain just days to go before the official transition period comes to an end on December 31, the Associated Press reports. In the event no agreement is reached by the end of the year, the two parties will default to trading on World Trade Organization terms, with all the tariffs and barriers that this will entail.
Britain and the European Union provided sober updates Thursday on the state of post-Brexit trade discussions, with only two weeks to go before a potentially chaotic split.
The UK and Mexico signed a continuity agreement Tuesday that will permit trade between them to continue on current terms after Britain leaves the European Union’s common trade policy on December 31, Reuters reports.
With just over two weeks to the end-of-year deadline, EU chief negotiator Michel Barnier said Monday it is still possible a post-Brexit trade deal could be struck between Britain and the European Union, Deutsche Welle reports.
European leaders have warned that Britain’s exit from the European Union will likely be without a crucial deal on $1 trillion in annual trade. Britain already quit the EU in January, but it remained in the EU single market and customs union during a transition period.
The United Kingdom on Wednesday signed a trade agreement with Canada, days before the end of the Brexit transition period, removing the risk of an estimated £42 million ($56.15 million) tariff burden on UK exports.
While still trying to reach a post-Brexit trade deal with the European Union, the United Kingdom has been able to agree to an interim trade deal with Canada, Fox News reports. The agreement offers a source of business security for Britain, which must reach an agreement with the EU by the end of the post-Brexit transition period on 31 December or move instead into World Trade Organization terms with the European trading bloc.
A federal judge tossed a lawsuit Saturday night that sought to have millions of ballots from the Nov. 3 presidential election thrown out, dealing another blow to President Donald Trump’s efforts to stay in office.
China and 14 other countries agreed Sunday to set up the world’s largest trading bloc, encompassing nearly a third of all economic activity, in a deal many in Asia are hoping will help hasten a recovery from the shocks of the pandemic.
Japan and Britain signed a bilateral free trade deal Friday in the the first such major post-Brexit deal, reducing tariffs on Yorkshire lamb sold in Japan, as well as auto parts for Japan’s Nissan plant.
The European Union has told the Palestinian Authority that it cannot have extra EU funding while Ramallah refuses to accept its own tax money collected by Israel, the Jerusalem Post reports. Anticipating Israeli annexation of parts of the West Bank, Palestinian Authority President Mahmoud Abbas announced in May that he would cease all cooperation with Israel.
The UK is set to begin negotiations on post-Brexit free trade agreements with Australia and New Zealand, the Guardian reported Wednesday.