Danske Bank has come under a cloud following an internal enquiry which showed that in the course of the last 8 years, suspicious transactions were routed through its Estonian branch. On Monday, the board of directors at Danske Bank appointed… Read More ›
If Trump acted on his threat to impose 25% tariffs on global automobiles exported to the United States, subject to a quota regime, auto exports from Canada and Mexico would be largely exempted from this potential threat. According to a… Read More ›
While British lawmaker Jacob Rees-Mogg heaped negativity on British Prime Minister’s Brexit plan, the only alternative he cited was a no-deal exit whose economic consequences he failed to spell out. Britain’s Eurosceptic lawmaker Jacob Rees-Mogg said, neither the European Union… Read More ›
Faced with an escalating trade war with its biggest trading partner, the United States, these steps are aimed at boosting its competitiveness. According to a statement from China’s ministry of finance, Beijing will slash import duties on products, including textiles… Read More ›
While this exemption was available to foreign firms earlier, it focused on only on specific sectors. With this strategic move, Beijing has covered all sectors, other than the prohibited ones, and to top it has made the provision applicable retrospectively… Read More ›
The new trade deal will be called United States-Mexico-Canada Agreement (USMCA). According to a senior U.S. official, the United States intends to sign a new trade agreement with Mexico and Canada at the end of November 2018. The signing will… Read More ›
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