UK to Begin Free Trade Deal Negotiations with Australia and New Zealand
The UK is set to begin negotiations on post-Brexit free trade agreements with Australia and New Zealand, the Guardian reported Wednesday.
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New US-China Trade War Looms Over Coronavirus Pandemic
Tensions between China and the United States are rapidly escalating into a possible trade war with Beijing and Washington accusing each other of responsibility for the coronavirus outbreak.
The post New US-China Trade War Looms Over Coronavirus Pandemi…
Mexico and the EU agree to new free-trade deal
The EU and Mexico agreed to a new free-trade deal Tuesday after four years of negotiations, the Financial Times reported. The deal provides that almost all trade between Mexico and the EU bloc will be duty-free.
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American companies moving away from China as main supplier
A new report shows the “dramatic reversal” of a five-year trend as US companies commanded a considerably larger share of manufacturing in 2019 than the 14 Asian exporters that were tracked for the study. According to the seventh annual Reshoring Index …
EU chief rejects Johnson’s idea of loose UK trade deal
The European Union will only offer Britain unique access to its vast single market if the U.K. agrees to stick to the bloc’s standards, European Commission President Ursula von der Leyen said Tuesday, dismissing British Prime Minister Boris Johnson’s idea of brokering a loose trade deal with the EU.
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White House mulls new trade weapon for EU talks: ‘Carousel’ tariffs
The Trump administration is reportedly considering a novel source of leverage against the European Union in seeking a trade deal: ‘carousel’ retaliation, meaning tariffs applied to a shifting set of products.
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