In the eventuality that the United States is able to get a “substantially better” agreement from the massive Trans-Pacific Partnership trade deal, he would reconsider sticking with it, said the U.S. President Donald Trump to a television channel. But experts… Read More ›
Geopolitics
British economy to pick up steam on increased clarity from future relationship with EU
While its peers in advanced economies have registered double digit growth, Britain has much to do to catch up with them. Clouds on the horizon are however clearing following increased clarity on how Brexit would impact its future trade relationship… Read More ›
Bipartisan bill introduced aimed at toughening rules for foreign investment in the U.S.
The bipartisan bill will strengthen the reach of CFIUS while strengthening U.S national security and preserving U.S. open investment policy. The Trump Administration has lent its weight to a bipartisan bill making its round in the U.S. Congress, which is… Read More ›
TPP-11 to sign trade pact in March
11 countries, barring the United States, are set to sign the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTTP) in Chile in March. Japan’s Kyodo news agency stated, citing a Japanese source, that following the decision by the U.S. President… Read More ›
An outlook on how the imposition of steep tariffs on washers and the solar industry is likely to play out in the U.S.
The imposition of these tariffs are in line with Trump’s ‘Make in America’ push and could significantly effect its skewed trade balance with China. With U.S. President Donald Trump slapping steep tariffs on solar panels and on imported washing machines,… Read More ›
Australia, Japan, Canada working together to replace TPP with CPTPP
Chief negotiators from the respective countries in the Asia Pacific region are set to meet next week to hammer out an agreement for signing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). On Thursday, Australian Prime Minister Malcolm Turnbull… Read More ›
85% North America content in vehicles, an unrealistic target: U.S. Auto industry to Trump Administration
The U.S. auto industry has gone at great lengths to to convince the Trump administration of the importance of NAFTA for the industry. In fact, in October 2017 major auto dealers, automakers and suppliers had launched a coalition to back… Read More ›
Hyundai Motor Co gets reprieve following a tentative wage deal with labor union
The development will allow Hyundai Motor to get back on its feet after a sales slump in 2017. On Tuesday, Hyundai Motor Co’s labor union disclosed that its members have agreed to a tentative deal in wages with its management…. Read More ›
Fiat Chrysler Automobiles to shift production of its Ram heavy duty pickup trucks to Warren, Michigan, from Mexico
While FCA plans on boosting the output of its Mexican plant in 2018 & 2019, in 2020 having shifted the production of its Ram heavy duty pickup trucks, it plans on reconditioning the plant to produce a yet to be… Read More ›
South Korea planning to ban cryptocurrency exchanges in the country
The move has widespread geo-political and geo-economic implications, including for its neighbor North Korea which is increasingly banking on such currencies to flush its economy with cash. On Thursday, South Korea’s Justice Minister disclosed that it is preparing a law… Read More ›