China and the United States are “moving closer to agreeing” on a “phase one” trade deal, according to Communist Party’s official People’s Daily.
European Union plans to allow more US beef imports cleared a key hurdle when EU lawmakers specialising in trade backed the move, which is likely to ease transatlantic tensions.
The US will begin negotiations for a free-trade agreement (FTA) with Manila in 2020, in a move that will secure market access for Philippine exporters to the United States
China said it will raise penalties on violations of intellectual property rights in an attempt to address one of the sticking points in trade talks with the US.
House Speaker Nancy Pelosi cast doubt on the possibility of passing an updated North American trade deal by the end of 2019.
The following communication is being circulated at the request of the Delegation of the United States.
The head of the largest US union confederation urged House Democrats to withhold support for the stalled USMCA until the Trump administration makes more changes to the enforcement provisions.
Trump has decided that rolling back existing tariffs, in addition to canceling a scheduled Dec. 15 imposition of tariffs on some $156 billion in Chinese consumer goods, requires deeper concessions from China.
Two sides ‘not on the same page’ on issues such as the removal of tariffs. Beijing will not buy agricultural goods it may not need ‘and definitely will not agree to it being written into a deal.
Democrats say a deal to update the North American Free Trade Agreement (NAFTA) is close, but not “imminent,” as House Speaker Nancy Pelosi said earlier.
The two sides have found themselves at odds over the finer details of an agreement, including Chinese agricultural purchases from the US and the level of tariff relief.
The United States and the African Union share a mutual desire to pursue deeper trade and investment ties, eventually leading to a continental trade partnership between the United States and Africa.
The US is exporting ever-more processed foods, as well as meat, to the region, while making it harder for farmers there to supply healthy foods for the local market.
A post-Brexit deal should make it easier to build supermarkets, avoid tax and sue the UK, US business lobbyists say.
Indian commerce minister will meet his US counterpart Robert Lighthizer, on Nov. 13, days after India exited the RCEP.
“Free trade” deals are often a cover for privatising public services and US negotiating texts already mention British drug and tech companies.
The United Kingdom is likely to be confronted by a phalanx of hard-nosed American trade officials who will attempt to pry open British markets to more American goods.
While India has now opted out of the RCEP negotiations, it has not completely abandoned its policy of pursuing free trade agreements
China aims to press ahead with 15 remaining RCEP members. Japan had sought to balance China by involving India.