On Thursday, in a report, the Spectator magazine said, Washington and London have hammered out an agreement to suspend retaliatory tariffs on goods including Scotch whisky. The tariffs were imposed earlier as part of a long-running trade dispute over civil… Read More ›
subsidies
Washington starts anti-dumping probe on aluminium foil from Armenia, Oman, Brazil, Turkey and Russia
In a statement, the U.S. Department of Commerce stated, it will commence investigation into the import of aluminum foil from countries incluing Armenia, Oman, Brazil, Turkey and Russia, for potential dumping or unfair subsidies. It went on to add, the… Read More ›
Meaningful transatlantic relationship EU’s top priority: EU’s new trade chief
According to a report from the Financial Times, the EU’s new trade chief has told the United States to remove the imposition of tariffs on more than $7 billion EU products or face additional duties on exports to Europe, in… Read More ›
U.S., EU, Japan need concerted, coordinated action to take on China’s trade practices
On Tuesday, top trade officials from the European Union, the United States, and Japan are set to huddle in Washington to address non-market-oriented trade policies and subsidies by China. According to a spokesman from USTR, U.S. Trade Representative Robert Lighthizer… Read More ›
Tesla’s European Gigafactory to be in accordance to EU rules: Dietmar Woidke
Following Elon Musk’s statement that electric vehicle pioneer Tesla will build its first European Gigafactory near the new Berlin airport, the premier of the Brandenburg state said, it would be in accordance with EU rules. “We’re operating within the framework… Read More ›
Cuba attracts $1.7 billion in foreign direct investments
Faced with a cooling economy, Cuba aims to boost its economy with its annual trade fair in Havana. Cuba’s Trade Minister Rodrigo Malmierca told a news conference at Cuba’s annual trade fair in Havana that Cuba has attracted foreign investments… Read More ›
U.S. escalates trade row with the EU: imposes 25% tariffs on alcohol products, Italian cheese, etc
These new tariffs are likely to significantly impact numerous U.S. small and medium sized family businesses which import these European goods into the United States. In a significant development that sees a further escalation of the U.S.-EU trade war, the… Read More ›
Trump has broad support for his trade reform push against China
Trump is determined to fix China’s trade relationship with the U.S., an issue that he has railed against for years, long before he even stood for the U.S. Presidency. Although U.S. President Donald Trump’s “America First” policy has angered many… Read More ›
Solar panels prices across market-segments at their historical low
Despite the weakness in the utility-scale solar market in the U.S due to Trump’s 30% tariffs on imported panels, the large volumes of projects that are being set up, along with China’s decision to heavily subsidies solar panels has led… Read More ›
The EU and the US looking to avert a trade war
While Trump has set a sour mood for the meeting set for later today, by going into a trade war with the European Union, Washington would be opening a second front – a strategic mistake. In his signature move, U.S…. Read More ›