Bessent sees Canada’s Carney making ‘about-face’ on China trade

    (Bloomberg) — Treasury Secretary Scott Bessent suggested that Prime Minister Mark Carney did an “about-face” by striking a deal with China to lower some trade barriers, reinforcing President Donald Trump’s latest tariff threat against Canada. “The Canadians a few months ago joined the US in putting high steel tariffs on China because the Chinese are…

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    Brazil in talks with Canada to revive Mercosur trade deal

    Brazil in talks with Canada to revive Mercosur trade deal

    By Lisandra Paraguassu and Lucinda Elliott BRASILIA/MONTEVIDEO (Reuters) -Brazil is engaged in a “constructive dialogue” with Canada to resume negotiations for a free trade agreement between South America’s Mercosur bloc and Ottawa, the Brazilian Foreign Trade Secretary said. Canadian officials are due to visit Brazil in late August, according to Tatiana Prazeres, Brazil’s Foreign Trade…

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    New Delhi opens govt procurement to UK companies

    New Delhi opens govt procurement to UK companies

    For the first time, India will open approximately 40,000 high-value contracts from central ministries and departments in sectors such as transport, green energy and infrastructure to UK bidders. UK-origin goods with just 20% domestic content will be treated as ‘Class II’ local suppliers under India’s Public Procurement Order (PPO), a classification previously reserved for Indian…

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