US president says chances of reaching a trade deal with the EU are ’50-50′ ahead of his August 1 tariff deadline. United States President Donald Trump has arrived in Scotland, where he is set to meet with European and British leaders for trade negotiations and visit his golf courses. Trump landed in the United Kingdom…
(Bloomberg) — The hum of solar panel factories in this steamy island city doesn’t sound like much. But to American trade officials, it’s the muffled noise of rules being bent — or broken. Most Read from Bloomberg In recent months, Batam, a duty-free Indonesian enclave a short ferry ride from Singapore, has become a key…
The two countries hope the accord will boost trade between them by 25.5 billion pounds. The United Kingdom and India have signed a trade agreement that will reduce tariffs on goods from textiles to whisky, cars and spices and allow more market access for businesses. British Prime Minister Keir Starmer hailed the agreement on Thursday…
Chinese President Xi Jinping has said Europe and China must make the “correct strategic choices” in the face of recent global challenges during a summit with top European Union officials, which comes at a particularly rocky time in their relationship. “The current challenges facing Europe do not come from China,” Xi told visiting European Commission…
BRUSSELS (AP) — European leaders are meeting with top Chinese officials in Beijing on Thursday to discuss trade, climate change and global conflicts, with observers saying expectations were low for any solid agreements. The talks, initially supposed to last two days but scaled back to one, come amid financial uncertainty around the world, wars in…
US officials are ‘optimistic’ that an agreement could be imminent. German Chancellor Friedrich Merz has said that negotiations between the European Union and the United States over a long-running trade dispute are making progress. Speaking in Berlin on Wednesday ahead of a dinner with French President Emmanuel Macron, Merz said, “We have been hearing in…
When Brazilian President Luiz Inacio Lula da Silva was in China earlier this year for his third meeting with Xi Jinping since returning to office in 2023, he hailed the relationship between the two countries as “indestructible”. That proximity will likely increase even more following United States President Donald Trump’s announcement of a 50 percent…
United States President Donald Trump has announced that he has struck a “massive” trade deal with Japan following months of fraught negotiations. Under the agreement announced on Tuesday, the US will impose a 15 percent tariff on Japanese exports and Japan will invest $550bn in the US, Trump said. “We just completed a massive Deal…
On 21 July, the WTO circulated the arbitration award in the proceedings initiated by the European Union under Article 25 of the Dispute Settlement Understanding to review the findings of a WTO dispute panel in “China — Enforcement of Intellectual Property Rights” (DS611). Source link
BEIJING — China’s stock market is buzzing over government promises to tackle price wars that have hurt profits and worsened global trade tensions. The prevailing catchphrase is “anti-involution,” and it reflects efforts to curb intense competition and overcapacity in industries like solar panels, steel, and electric vehicles. With rising trade barriers such as President Donald…