Brexit allows Britain to have an independent trade policy. A framework for a trade agreement with the U.S. has already been laid. Following U.S. President Donald Trump’s statement saying U.S.-U.K trade could be potentially hit due to Britain’s trade arrangements… Read More ›
trade
Tories to back May’s Brexit deal if timetable for departure is tabled: The Times
The Tories are pushing for a Canada-style agreement. As per a report from The Times, Brexiteers “will back British Prime Minister May’s deal if she says when she’s quitting”. The Times report states the Tories are likely to soften their… Read More ›
Global trade facing heightened risks from new cold war: French finance minister Bruno Le Maire
One of the ways out of this pickle is to reform the World Trade Organization, opined French finance minister Bruno Le Maire. On Friday, French Finance Minister Bruno Le Maire stated, the world is facing a cold war over trade…. Read More ›
The EU and Britain clinch draft Brexit agreement
Theresa May’s government will now have to go through the guantlet of the British parliament, bridge opposing views of the country’s lawmakers and sell the Brexit deal to a deeply divided country. In a momentous development, Britain has clinched a… Read More ›
U.S. Commodity Futures Trading Commission charges former Deutsche Bank AG for fraud
Charges has been filed and settled against a former managing director of Deutsche Bank AG for fraudulent activities. The U.S. Commodity Futures Trading Commission said in a statement that charges have been filed and settled against a former managing director… Read More ›
Iran in touch with other signatories of 2015 nuclear accord
The European Union is making headway in its efforts to legally continue economic ties with Tehran. With U.S. sanctions on Iranian oil coming into force, Tehran’s Foreign Ministry spokesman Bahram Qasemi stated, Iran is in touch with other signatories of… Read More ›
China slaps anti-dumping tariffs on hydroiodic acid from Japan and the United States
The tariffs will kick in on October 16, 2018. On Monday, China’s Ministry of Commerce stated, Beijing will slap anti-dumping tariffs on the imports of hydroiodic acid from Japan and the United States. The tariffs, will go into effect from… Read More ›
USMCA does not impact bilateral agreement: Mexican Foreign Minister Luis Videgaray
Although U.S. Commerce Secretary Wilbur Ross had termed a provision of the USMCA as a “poison pill”, Mexico and China have agreed to interpret it differently: they have emphasized that it does not impact bilateral trade relations between countries that… Read More ›
U.S. diversifying agriculture trade: U.S. Agriculture Secretary Sonny Perdue
Feeling the pinch of being too dependent on one nation for the sale of its agricultural products, the trade war has made the U.S. realize that it needs to diversify its agricultural trade exports. U.S. Agriculture Secretary Sonny Perdue has… Read More ›
Trump to sign USMCA in November
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 ›