EU-China Investment Deal Threatens US-Europe Relations

Just weeks before taking office, the incoming U.S. administration of President-elect Joe Biden has received an unwelcome housewarming gift from the European Union in the form of a wide-ranging investment treaty agreed to in principle between the EU and China.

Russia and China working together to counter US sanctions

Russia and China are continuing to work together to reduce their dependence on the US dollar, as both countries seek to mitigate the impact of United States sanctions against them, CNS News reports. Trading between Russia and China reached a record $110 billion in 2019, and the two countries have committed to increasing their trade turnover to $200 billion by 2024.

EU-UK post-Brexit trade talks remain at standstill

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.

UK and Mexico sign post-Brexit continuity deal

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.

EU-UK post-Brexit deal still “possible”

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.

EU To Curb Tech Giants Power

The European Union wants to curb the market dominance of tech giants with regulations and multi-billion-dollar fines, according to draft legislation leaked late Monday.

Britain, EU Agree To Keep Talking Over Deal

London and Brussels have agreed to continue talks on a crucial trade deal to avoid Britain’s turbulent exit from the European Union’s orbit by the end of the month. The announcement followed difficult negotiations between the two sides to prevent a messy divorce on Sunday.

EU, Britain Face Messy Divorce After Talks Breakdown

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.

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