U.S.-EU trade deal still up in air
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European Commission President Ursula von der Leyen will meet US President Donald Trump in Scotland on Sunday, as the EU and US edge closer to sealing a key trade agreement. The deal could impose a 15% tax on EU imports and 50% duties on steel and aluminium.
BRUSSELS: The European Union and the United States could finalise a framework trade deal this weekend, EU officials and diplomats said on Friday (Jul 25), as US President Donald Trump arrived in Scotland for bilateral talks and a visit to his golf properties.
U.S. President Donald Trump announced a new 19% tariff rate for goods from the Philippines on Tuesday after what he called a "beautiful visit" by Philippine President Ferdinand Marcos Jr. to the White House,
We hope the US will work with China to implement the important common consensus reached by the two presidents during the phone call, give foreplay to the role of the economic and trade consultation mechanism,
The US-China trade deal is likely a precursor to certain other agreements on Fentanyl and Nvidia semiconductor chip exports, but an eventual decoupling is inevitable.
The Chinese commerce ministry said on Friday that Beijing and Washington had stepped up efforts to implement what they had agreed during recent trade talks but cautioned the U.S. against destabilising their "hard-won" consensus.
“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians,” Canadian Finance Minister François-Philippe Champagne said in a statement Sunday night.
U.S. Trade Representative Calls Out China for Harmful Policies ... and diplomatic and economic relations between the two countries have deteriorated. The U.S. release of Meng Wanzhou, ...
China signaled it would approve the export of rare earth minerals in a statement Friday hours after White House officials said that the US and China had signed a trade agreement to work out tensions linked to US access to the key material.