U.S. President Donald Trump will have the final on tariffs as well as that on the U.S.-China trade deal, said White House trade adviser Peter Navarro. “Either way we’re going to be in a great place … The president loves… Read More ›
Geopolitics
WTO’s Appellate Body To Get Crippled If US Follows Through On Its Threat
A long standing threat by the United States of cripple the system for settling disputes of the World Trade Organization is being carried out by Washington this week which also threatens to throw off track the entire system of governance… Read More ›
Diesel emission scandal ensnares Volkswagen in Canada
A Canadian government agency has charged German automaker Volkswagen AG of importing around 128,000 vehicles into the country in contravention to the country’s environmental laws. Volkswagen has been charged with violating 60 counts of the Canadian Environmental Protection Act by… Read More ›
Mexico accepts U.S. steel demand in USMCA deal with rider
Mexican Foreign Minister Marcelo Ebrard has stated, Mexico’s acceptance on U.S. demand on steel in the United States-Mexico-Canada Agreement would be conditional only if the rule takes effect at least five years after the trade pact’s ratification. Earlier this year,… Read More ›
New Legal Challenge Against US Ban Filed By Huawei
The decision by the regulators of the United States to classify the Chinese telecoms giant Huawei as a national security threat has been challenged in a court in the country. This development came after the decision of the US Federal… Read More ›
Better Than Expected Performance Of Brazilian Economy In Third Quarter
Latin America’s largest country Brazil’s economy rebounded with an expansion in eth third quarter to an extent that beat analysts’ expectations in the third quarter with a 0.6 per cent growth in its GDP. This also raised hopes of a… Read More ›
U.S. adds fortitude to U.S.-China relations with passage of Uighur Act of 2019
In a development that signals further delays towards resolving the U.S.-China trade war, the U.S. House of Representatives has overwhelmingly voted a bill that requires U.S. President Donald Trump to toughen its response to China’s genocide of its Muslim minorities…. Read More ›
Trade deal with China will have to wait till Nov. 2020
The U.S.-China trade war is likely to drag till at least the U.S. presidential election in November 2020. “I have no deadline, no,” said Trump to reporters in London, where he was due to attend a meeting of NATO leaders…. Read More ›
Brazil in touch with USTR on surprise U.S. tariffs on Brazilian steel and aluminum
According to a source familiar with Brasil’s reaction to the surprise decision by U.S. President Donald Trump to restore tariffs on Brazilian steel and aluminum, the Brazilian government is in touch with the U.S. Trade Representative’s office and other agencies…. Read More ›
Measure of effectiveness of U.S. trade tariffs against China
In a development that underscores the measure of effectiveness of U.S sanctions on China’s economy, a Chinese newspaper the Global Times has reported citing sources with direct knowledge of the trade talks that Beijing’s top priority in the phase one… Read More ›